Rachel Lavin
π€ SpeakerAppearances Over Time
Podcast Appearances
explosion off the coast of the island in which 51 people died in 1979.
So there's these huge oil terminals.
I think there's at least 14 on this island and that is where 30% of our national oil reserve is stored.
The rest is around the country.
You've got Whitegate Refinery down in Cork and Cork Beg Island is a major docking station for international tankers coming into the country.
That oil gets refined and then also gets transported to other parts of the country.
You've got Dublin Port, you've got Foynes,
You've got some in New Ross.
But yes, you've got these huge tankers.
Each terminal stores about 65,000 to 85,000 tonnes.
That's three to four days.
And with our 90 days, it would take about 27 terminals.
But of course, there's more stored at the refinery at Whitegate.
So the release of the 10 days, that's three terminals worth of oil that we're releasing.
In terms of storing oil, we've got a good amount of it domestically.
It's also a security, I guess, initiative to store it abroad.
It's also cheaper sometimes to store it abroad.
I guess we're all collectively vulnerable with this oil crisis.
Certainly, Asia is struggling the most.
like 80% of oil from the Gulf is going to Asia.