Dáil debates
Wednesday, 8 November 2006
National Oil Reserves Agency Bill 2006: Report Stage
12:00 pm
Tommy Broughan (Dublin North East, Labour)
I am supporting the amendment because the Minister should have included a section on biofuels in the context of our reserves. On Second Stage, the Minister and I had a lengthy discussion on the period for which reserves should last. The EU requirement stipulates 90 days and the Minister referred to a period of 108 days. I contended that it should be at least 120 days. Biofuels could supplement a reserve that would last for this period. Given the international requirements, Deputy Durkan is correct to try to introduce this measure into the Bill and I support him in doing so.
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