Dáil debates

Wednesday, 8 November 2006

National Oil Reserves Agency Bill 2006: Report Stage (Resumed)

 

1:00 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)

I move amendment No. 12:

In page 9, line 15, after "oil" to insert ", in accordance with market indicators".

It is necessary to take account of market indicators. That is not second-guessing anyone, since it is a simple fact that projections must have due regard to market indicators regarding purchasing and sales. To insert it in the section in this way is effective and necessary. I would like to hear the Minister's views.

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