Dáil debates

Wednesday, 27 November 2013

Gas Regulation Bill 2013: From the Seanad

 

10:50 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

I will give the Minister a chance to catch his breath. I apologise on behalf of Deputy Moynihan who has been delayed elsewhere. The Minister's comments on the lack of a sale this morning are welcome. It was always a concern that in the current market this company might have been sold undervalued. I ask him to clarify that this legislation gives him the power to proceed at any stage without coming back to the Dáil regarding any potential future offer for Bord Gáis Energy. Has the Government decided to postpone the sale entirely or if another bid were to come in and another process were to get under way, what is the Government's plan B?

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