INPC profitability and financial information

Summary

O’Keeffe sought figures on the INPC’s operations and profitability, citing a report of substantial losses. The Minister lacked the information but undertook to arrange a response if figures were available.

Jim O'Keeffe Mr. O'Keeffe Fine Gael

To give us some confidence in the operation of the INPC could the Minister outline the situation to date, of its profitability or otherwise and of its present operations? Is the Minister satisfied with the present situation and has he any figures as regards its profitability to date?

0 0

Comment on this

Patrick Power Mr. Power Fianna Fáil

I have not that kind of information here.

0 0

Comment on this

Jim O'Keeffe Mr. O'Keeffe Fine Gael

I think I saw a report in a paper recently that indicated that there was a very substantial loss——

0 0

Comment on this

John F. O'Connell An Ceann Comhairle Fianna Fáil

The Deputy may only ask a question.

0 0

Comment on this

Jim O'Keeffe Mr. O'Keeffe Fine Gael

Has the Minister any information on that point?

0 0

Comment on this

Patrick Power Mr. Power Fianna Fáil

I shall arrange with the Minister, if it is available, to provide it for the Deputy.

0 0

Comment on this

Jim O'Keeffe Mr. O'Keeffe Fine Gael

Does the Minister not appreciate that this type of information is absolutely essential if we are to talk about the future role of the petroleum corporation?

0 0

Comment on this