Lee Reynolds on September 26, 2007, 2:25 pm | Readers 3
Protracted negotiations are about to commence between the UK, Republic of Ireland, Iceland and Denmark over ownership/control of the continental shelf around Rockall. It is believed that there are substantial gas and oil reserves in the area. Balrog is declaring a seabed once again. Whatever, the final deal or decisions, the exploitation of these reserves could produce a sizeable economic spin off but will Northern Ireland be able to maximise the benefit or will the existing infrastructure in the north of Scotland prove the more economic choice?
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Protracted negotiations are about to commence between the UK, Republic of Ireland, Iceland and Denmark over ownership/control of the continental shelf around Rockall. It is believed that there are substantial gas and oil reserves in the area. Balrog is declaring a seabed once again. Whatever, the final deal or decisions, the exploitation of these reserves could produce a sizeable economic spin off but will Northern Ireland be able to maximise the benefit or will the existing infrastructure in the north of Scotland prove the more economic choice?
