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Ferris Slams Gas Price Rise

25 February, 2003

The Sinn Féin Spokesperson on Natural Resources Martin Ferris TD has criticised the 9% increase in the price charged to consumers by Bord Gáis.

Deputy Ferris said:

"It confirms what I said last November in relation to the sale of gas from the Seven Heads field by the US multinational Ramco to the German firm Innogy. Bord Gáis had sought to secure this supply but were unable to. It is a disgrace that this natural resource is controlled by foreign companies and that the state gas company is forced to import more than 85% of its supplies. That is why Bord Gáis feels that it must increase its prices.

"This price rise will cause further hardship for many households which are already finding it difficult to make ends meet. It also highlights the inadequacy of the proposed social partnership deal as this increase is well above the pay rise contained in the agreement". ENDS

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