Jerry Cowley (Mayo, Independent)

We are now discovering resources with major potential. In the past ten years, nine exploration wells were drilled and two proved positive, namely, the Corrib and Dooish fields. In view of the Langeled pipeline from Norway, is the position on fuel not changing dramatically? By the industry's own reckoning, there are 10 billion barrels of oil to be discovered and these would be worth €500 billion to €600 billion. This is an awful lot of money and I therefore ask the Minister to comment on this matter.

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