Tag Archives: Bord Gais

Last night’s Frontline and the tax take from Corrib

By William Hederman. On RTÉ’s Frontline last night, I raised the question of the very low projected tax take from the Corrib Gas project. This issue is sometimes misunderstood. An example comes in this comment sent to me today by one of the … Continue reading

Posted in Corrib Gas project, Gas prices, Myths about Corrib Gas project, State 'take' | Tagged , , , , , , | 16 Comments

Ireland’s share of revenue from its gas fields could be as low as 7%, report shows

The tax write-offs under Ireland’s licensing terms for oil and gas are so generous, oil companies could end up paying the exchequer as little as 7% of the revenue from Irish gas fields. This shocking figure is extrapolated from information … Continue reading

Posted in Corrib Gas project, Gas prices, State 'take' | Tagged , , , , , , , , , | 12 Comments

Rabbitte’s gas price gaffe on Morning Ireland

Pat Rabbitte displayed a stunning ignorance of his brief on today’s Morning Ireland (June 1st, 2011). The notion that the Corrib project will bring down the price of gas in Ireland has been repeatedly exposed as nonsense. Yet this morning … Continue reading

Posted in Corrib Gas project, Gas prices, Media coverage | Tagged , , , , | 2 Comments