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Dublin Shell to Sea to highlight loss of oil and gas reserves

Saturday, 12 February 2011

Members of Dublin Shell to Sea will be on Grafton Street in Dublin today distributing “commemorative bank notes” to highlight issues around Ireland’s oil and gas resources.

They say the notes will symbolise the €560bn cost to the exchequer of “giving away” Ireland’s oil and gas reserves.

Spokesperson for Dublin Shell to Sea Caoimhe Kerins said the group hoped to highlight the extent of Ireland’s oil and gas resources today.

“According to the Department of Communications, Energy and Natural Resources, there are 10 billion barrels of oil equivalent off the west coast. That doesn’t include the south coast, the east coast or inland,” said Ms Kerins..

“At the moment the Irish State retains a 0% share in whatever finds there are.”

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