Seanad debates

Tuesday, 30 March 2010

Petroleum (Exploration and Extraction) Safety Bill 2010 [Seanad Bill amended by the Dáil]: Report and Final Stages.

 

4:00 am

Photo of Joe O'ReillyJoe O'Reilly (Fine Gael)

On behalf of the Fine Gael Party in the Seanad, I thank the Minister of State for his co-operative and proactive approach in listening to what was said and in seeking to improve the Bill. The legislation ultimately will be of benefit to our economy as it involves the rationalisation and centralisation of regulation of safety standards and the elimination of a multiplicity of agencies and bodies adjudicating on safety. The focus of the process is now in the regulator's office. It is important that a public consultation process has been established and the lessons of Corrib have been learned.

I welcome the Bill and the Minister's approach and attitude to our suggestions, which were aimed at bettering the legislation. We have no difficulty with the legislation in principle. In fact, the needs of our economy dictate that it be passed.

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