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Petroleum (Exploration and Extraction) Safety Bill 2015 [Seanad]: Second Stage (15 Jul 2015)

Michael Colreavy: ...is very little gas and no oil being extracted from Irish waters, but we need to keep in mind that there is this potential, which highlights the importance of this legislation. At some stage, that potential will be tapped. We also need to keep in mind always that companies that discover oil and gas in Irish territory are not obliged to supply these resources to the Irish market. Not only...

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