Dáil debates

Tuesday, 13 February 2007

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

 

5:00 am

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)

I note that the Bill makes provision for particular categories. However, the internal-external balance could be even higher. The Minister of State will claim that 75 days is sufficient to meet most short-term emergencies given that if one such emergency developed seriously enough, there would have to be some type of rationing. However, it might be more helpful to NORA, as it sets out as a statutory body on its particular mission, to have a specific requirement that there be sufficient stocks within the State to meet any emergencies. Perhaps there might be a rule that 90 days of stocks should be held within the State.

Question, "That the words proposed to be deleted stand", put and declared carried.

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