Mr. Rodney Doyle:

There is probably no precedent for electricity transiting across two island nations but there are precedents for how one might negotiate bilateral arrangements to get from one point to another. Before the internal energy market, IEM, was implemented there were methodologies in place for transiting other countries. It has been done before. What we have at present are some bilateral arrangements between ourselves and Britain for certain timeframes on the trade of electricity. We have those precedents already. We understand how to put in arrangements for bilateral trade between ourselves and Britain, particularly on the electricity side and I am sure it is similar with gas. It then comes down to how one applies the further legal rules from Europe on top of that and that would need to be assessed at that point. We do, however, have precedents for those kinds of bilateral arrangements.