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Rabbitte: No point comparing Ireland's oil prospects to Norway's

The Minister for Communication and Natural Resources has said a Norwegian-style 80 per cent tax on oil finds would not work, saying: “We’re comparing apples with oranges.”

THE COMMUNICATIONS AND Natural Resources Minister Pat Rabbitte has said that comparisons between Ireland’s oil prospects and those in Norway, which has an 80 per cent tax on oil profits, is like “comparing apple and oranges”.

Rabbitte said that while he would review Ireland’s lower tax rate on oil and gas profits, it was not reasonable to compare Ireland with Norway and said that the country could not afford to carry out its own offshore drilling.

He told RTÉ’s Morning Ireland: “It costs between €80 and €100 million a pop to drill a well off the Irish offshore.

“The Irish state doesn’t have that kind of money and therefore we are dependent on attracting the private industry to spend the money.”

The Minister said that exploration companies have already spent some €5 billion “for little enough return”.

Hopes that Ireland could begin a path of energy independence – it has one of the lowest in the EU – emerged last year after Providence Resources said that it found billions of barrels of oil off the Cork coast.

Last night the Dáil debated a 12-month-old report by an Oireachtas committee into offshore oil and gas exploration which recommended adjusting Ireland’s top corporate tax rate on offshore drilling profits from 25 per cent to as much as 80 per cent, as is the case in Norway.

But on RTÉ this morning, Rabbitte said: “I think it’s a pity that this canard about Norway has been flown and has captured some imagination.

“The truth of the matter is it is the unique geological advantage that Norway has where you can expect a [oil] strike in four as compared to three strikes here from 156 drilling, it is that level of prospectivity that means that you can have that level of tax.”

He said that comparisons to Norway were like “comparing apples with oranges” and said that people who were responsible for this comparison “should have recanted but didn’t”.

INFOGRAPHIC: How does oil get to Ireland?

Read: Ireland near the bottom of EU chart for energy independence

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175 Comments
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    Mute Jase
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    Jun 25th 2012, 10:50 AM

    I didn’t think John Waters would be in favour of artificial contraception…

    97
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    Mute connor graham
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    Jun 25th 2012, 1:43 PM

    “Nobody knows where my Johhny has gone”" or as the song goes “Its my std and I will cry if I want to “

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    Mute darren parslow
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    Jun 25th 2012, 10:36 AM

    Cringe.com

    95
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    Mute notsoright
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    Jun 25th 2012, 12:58 PM

    Whats with the thumbs down? Cringe multiplied with poor communication and stupidity..

    24
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    Mute Seán Kearns
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    Jun 25th 2012, 11:25 AM

    Quick question, do condoms still have that luxury tax attached to them?

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    Mute Andrea Rock Massey
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    Jun 25th 2012, 11:33 AM

    I think so…along with tampons!!

    52
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    Mute Mark Larson
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    Jun 25th 2012, 2:09 PM

    You can get condoms for free in any HSE clinic or STI clinics, or you can get 12 for a €1.49 in the euro shops and dealzs.

    5
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    Mute Martin Grehan
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    Jun 25th 2012, 10:55 AM

    Won’t somebody think of the Youth Defence types? We’ll have another 300 billboards saying No to Johnny because of this.

    51
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    Mute notsoright
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    Jun 25th 2012, 1:00 PM

    Maybe backed up by the song Johnnie I Hardly Knew Ya?

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    Mute jrbmc
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    Jun 25th 2012, 2:22 PM

    What’s the point! In one ear out the rubber!

    23
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    Mute Martin Murphy
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    Jun 25th 2012, 10:59 AM

    Pretty unimaginative. I am surprised its not a model in a pair of short shorts holding a sign though. Pretty much what advertising and marketing can stretch to on this island.

    47
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    Mute John Deadhappy Brady
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    Jun 25th 2012, 11:59 AM

    Should he not be playing a flute?

    46
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    Mute Rodney Denny
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    Jun 25th 2012, 11:32 AM

    Don’t be silly wrap you’re willy… Or you will get aids and die

    44
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    Mute Chuck Farrelly
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    Jun 25th 2012, 1:41 PM

    Ah come on! You leave the aids joke there but take down my monkey comment??

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    Mute Eggfuel
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    Jun 25th 2012, 10:57 AM

    Despite everything they seem to b out of touch as usual and spending money they don’t have on cringe campaigns…nReign in they HSE and start to cut out the useless middle management in it and let’s get on with revitalising the health sector…

    44
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    Mute Rodney Denny
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    Jun 25th 2012, 11:39 AM

    It’s not babies that are the problem its the aids and herpes that are the real problem

    28
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    Mute Darragh O Meara
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    Jun 25th 2012, 11:45 AM

    Oh great work there lads. An Irish Ali G!! And what has the effing ukulele got to do with condoms??

    26
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    Mute Eric Davies
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    Jun 25th 2012, 12:36 PM

    maybe the message is that if you dont use a condom you could bring a sad git like this to life!

    26
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    Mute Conor Conneally
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    Jun 25th 2012, 11:33 AM

    How about a simple STOP MAKING BABIES! campaign?

    25
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    Mute Joseph Bosh
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    Jun 25th 2012, 12:46 PM

    Don’t have sex! You’ll get COOTIES !

    23
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    Mute Old Nokia Charger
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    Jun 25th 2012, 12:15 PM

    Zip up your mickey.

    24
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    Mute Ruaidhrí Maxwell
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    Jun 25th 2012, 11:51 AM

    I liked the think contraception ones, garden of eden backing track

    20
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    Mute Mic Farrelly
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    Jun 25th 2012, 12:15 PM

    WTF … Does’nt even begin to “cover” this ….

    16
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    Mute Patrick Kelleher
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    Jun 25th 2012, 2:34 PM

    There’s nothing I love more than watching elderly HSE members desperately try to connect with the youth of the country… and failing miserably…

    16
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    Mute Eamonn Connaghan
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    Jun 25th 2012, 1:59 PM

    Great ad. With super acting.

    16
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    Mute Denis Lucey
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    Jun 25th 2012, 12:37 PM

    Ná bí id’ amadán, cur clúdach ar do dhóchán.

    15
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    Mute notsoright
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    Jun 25th 2012, 12:54 PM

    Serious subject. Dire ad…STD’s still on the increase. What is the message here (if any)? Not a reflection of any good management.

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    Mute Old Nokia Charger
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    Jun 25th 2012, 1:06 PM

    Yep, you’re right.

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    Mute Mark Larson
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    Jun 25th 2012, 2:11 PM

    You can get an STI from oral to. Zip up your mouth. LOL

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    Mute Old Nokia Charger
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    Jun 25th 2012, 7:48 PM

    @ Mark

    LOL

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    Mute Muiris O'Daltuin
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    Jun 25th 2012, 4:55 PM

    Low budget, quick, non informative and lacking the care needed to execute the intended goal. Its the perfect add for the HSE.

    13
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    Mute Martin Sinnott
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    Jun 25th 2012, 1:20 PM

    How much did this add cost to make? Was it a professional advertising agency ? It looks like an amateurish effort ?

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    Mute Nun on Yokes
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    Jun 25th 2012, 1:40 PM

    How the hell can you find 3 actors so bad in a 10 second ad? Take a bow HSE- CRINGE

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    Mute Mark Larson
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    Jun 25th 2012, 2:13 PM

    It is supposed to be real sister, not actors.

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    Mute Charles
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    Jun 25th 2012, 11:19 AM

    The Dutch do much better condom ads http://www.youtube.com/watch?v=–7Fxg6_jzU

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    Mute Cliff Waijenberg
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    Jun 25th 2012, 12:39 PM

    It’s a belgian ad (they speak french and the stores mentioned are in Belgium)

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    Mute Paul
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    Jun 25th 2012, 11:56 AM

    This does not make my johnny jump up!

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    Mute Nollaig Lonergan
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    Jun 25th 2012, 11:24 AM

    Cringe!

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    Mute Philip Keenan
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    Jun 25th 2012, 3:16 PM

    Oh god that’s so cringe inducing, huge fail on the part of the HSE

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    Mute Anne Clarke
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    Jun 25th 2012, 6:48 PM

    Budget cuts to important services and then they spend money on that shite. Unbelievable!

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    Mute Abi Dennis
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    Jun 25th 2012, 9:04 PM

    johnny needs to sort out his bush!

    4
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    Mute SeanR
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    Jun 29th 2012, 11:32 AM

    Ok, it is kinda stalkery to have a guy strumming a guitar outside a tent when people are getting it on but I’m more concerned that there is: no mention of STDs/AIDS, protecting yourself, they guy is NOT prepared with a condom in his pocket (girl has the condom), there’s a focus on a heterosexual couple and not a gay couple (tho there might be other adverts that have a gay couple, but I doubt that) etc etc. The salience of the ‘don’t die of ignorance’ advert seems to have been completely lost here. I don’t see the point of the advert and it is an utter waste of money tbh. And, oh, sponsored by ‘The Inbetweeners’ (about a group of hapless virgin boys who actually know nothing about sex) seems just an appropriate choice of sponsor given the advert’s design!

    1
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