Shell's only argument for Corrib, is that it will give Ireland 'security of supply'. However, this requires that Ireland bids against buyers in other countries and pay the full international rate. If the international price of gas were to double over the next decade, then the price that Irish consumers pay for gas will double. In the current economic situation, the Irish State will be forced to borrow money to buy back gas that was given to Shell for free.”
| Time | Items |
|---|---|
| All day |
|
| 15:00 |
Date
27 March 2010 - 3:30pm |
