Baba Sangara
JF-Expert Member
- Dec 16, 2007
- 293
- 154
BBC News - Ireland 'close to oil billions'
What is wrong with us?
Extracts...
......However, campaigners have said that Ireland's relaxed laws with regard to its natural resources ought to be overhauled.
Ireland takes 25% of all profits, rising to 40% depending on the volume extracted.
Ireland's Energy Minister Pat Rabbitte concedes that the take is much lower than in the UK, or Norway, both of which have much greater resources of oil and gas......
What is wrong with us?
Extracts...
......However, campaigners have said that Ireland's relaxed laws with regard to its natural resources ought to be overhauled.
Ireland takes 25% of all profits, rising to 40% depending on the volume extracted.
Ireland's Energy Minister Pat Rabbitte concedes that the take is much lower than in the UK, or Norway, both of which have much greater resources of oil and gas......