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Wednesday December 20, 2006 20:38 by WS94 - WSM
A consortium of Shell, Statoil, and Marathon do a deal with the government allowing them exclusive exploitation rights to the Corrib gas field, off Mayo. Not only that, but they are allowed to write off their costs against taxes, meaning that the whole project is being funded by the PAYE taxpayer, who will receive nothing, not even lower gas prices. It may sound a bit iffy but there is no garda investigation into possible bribery or corruption. The locals in Rossport have a problem with a high-pressure gas pipeline going close to their homes, and want the gas refined offshore instead. That shouldn’t be a problem, Shell can well afford it, last year they made a profit of €2.39 million every single hour. This article is from Workers Solidarity 94 Nov/Dec 2006 Download the PDF file of WS 94 Read the other articles from WS94 online |
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