"Ireland only taxes the profits of such enterprises [petroleum exploration and production]. There is no per unit tax or levy as in other countries and Ireland's tax rate is relatively low. The State also does not take an ownership stake in the field or demand royalties. Thus on this basis, Ireland's tax regime is generous in comparison to that of other countries. "
ccording to the QRA (Quantitative Risk Assessment) issued by Shell the pressure in the Corrib pipeline will be up to 345 bar. Mr Dempsey says that a person will be safe 200 feet away from this. In Carlsbad New Mexico, in August 2000, a clean gas pipeline ruptured at 45 bar pressure and incinerated 12 people 676 feet away. Is Minister Dempsey mad?