Seanad debates

Thursday, 23 February 2012

10:30 am

Photo of Deirdre CluneDeirdre Clune (Fine Gael)

I can requote it but I will not as I do not wish to waste my time as it was already quoted by Senator Bacik. In regard to the word "strategic", the Government's commitment is clear. The Bord Gáis transmission networks and interconnectors will not be put up for sale because it is recognised that they are strategic. The energy business, however, will be put up for sale, although the ESB is not for sale. Some of the non-strategic power generation is to be sold but the minority shareholding in ESB is to be retained. There was a proposal that would be done but that is not going to happen. If and when market conditions are correct, the 25% stake we have in Aer Lingus will be sold. What good is it to us when we look at the debacle in Shannon some years ago when Aer Lingus removed-----

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