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Irish mindset of importing from Britain costing us millions


DuineEile

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Joined
Aug 29, 2010
Messages
14,939
It is not exclusively Irish, but we do have a habit of speaking about Britain as being one of our largest trading partners, when in reality what that means is that we buy a lot of stuff from them.

The same mindset went into the gas connector. It seems we designed it to be one way only, and that we can't use it to sell gas to Britain.

If you didn't laugh, you would cry at the tiny colonised minds of our leaders, both business and political. It seems it may now cost €200 million to correct that piece of colonised thought.

Bord Gáis Networks considers


D
 

Tea Party Patriot

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Joined
Oct 31, 2010
Messages
11,557
It is not exclusively Irish, but we do have a habit of speaking about Britain as being one of our largest trading partners, when in reality what that means is that we buy a lot of stuff from them.

The same mindset went into the gas connector. It seems we designed it to be one way only, and that we can't use it to sell gas to Britain.

If you didn't laugh, you would cry at the tiny colonised minds of our leaders, both business and political. It seems it may now cost €200 million to correct that piece of colonised thought.

Bord Gáis Networks considers


D
Or just a thought but perhaps at the time it was built we hadn't found the gas that would give us the capacity to export to Britain and we saved €200 million by not building a pink elephant?
 

GDPR

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With all these new oil finds off the Cork coast, is Ireland going to become as wealthy as Norway?
 

Cruimh

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Joined
Apr 30, 2010
Messages
85,704
It is not exclusively Irish, but we do have a habit of speaking about Britain as being one of our largest trading partners, when in reality what that means is that we buy a lot of stuff from them.

The same mindset went into the gas connector. It seems we designed it to be one way only, and that we can't use it to sell gas to Britain.

If you didn't laugh, you would cry at the tiny colonised minds of our leaders, both business and political. It seems it may now cost €200 million to correct that piece of colonised thought.

Bord Gáis Networks considers


D
What is the position re balance of trade in respect of the UK - have you figures comparing value of exports compared to the value of imports?
 

SideysGhost

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Or just a thought but perhaps at the time it was built we hadn't found the gas that would give us the capacity to export to Britain and we saved €200 million by not building a pink elephant?
No. The Kinsale Head gas field was discovered in 1973, Bord Gais established to exploit it in 1975, and the gas came on stream in 1978.

The first interconnector with Britain was built in 1993.

Just more moronic cack-handed blinkered incompetence from the idiot servile gombeenarchy.

gracethepirate said:
With all these new oil finds off the Cork coast, is Ireland going to become as wealthy as Norway?
No, because the maFFia - in particular Ray Burke and Bertie Ahern - gave away all the rights to MNCs, and the Irish State will receive the square root of f*** all for any oil and gas extracted from the various fields off the south and west coasts.

But shure tis a great wee country, bejaysus.
 

Cruimh

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The link below contains 2011 figures.
We export 10bn to UK and import 14bn
UK export and import in 2011: top products and trading partners | News | guardian.co.uk
The figures may be 10 month figures but the basics still apply.
I think you underestimate the Irish Exports to the UK?

From 2011

Last year, Irish exports to Britain amounted to almost €28bn — 23.5% of total Irish exports.
Irish rise to the top in Britain | Irish Examiner
 
R

Ramps

"Trade deficits" mean nothing really.

The richest country in the world nearly always has a "trade deficit". It's a sign of its success.
 

TiredOfBeingTired

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Oct 13, 2011
Messages
3,455
I think you underestimate the Irish Exports to the UK?

From 2011



Irish rise to the top in Britain | Irish Examiner
Can you make any sense out of these export statistics:
Irish exports top
The US remained the top market for Irish exports, with Belgium and Britain close behind. But exports of goods to Switzerland increased by €1.4 billion, or 38 per cent, as the US total fell by 16 per cent to €18.2 billion.
......eh....I might,eh, stop quoting trade statistics.....
 

SideysGhost

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Nov 30, 2009
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17,716
Can you make any sense out of these export statistics
Yeah most of our exports to central Europe are shipped via the Belgian ports, so that is where they are recorded in the export stats, though most of them are actually being sent on to Germany, Poland etc. Lots of other stuff for the western parts of the continent goes through France.

The trade ratios don't tend to change much over time IIRC - US & UK in the low 20s, rest of EU about 35%, 15-20% to the rest of the world.
 

devnull

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Dec 8, 2009
Messages
1,843
No. The Kinsale Head gas field was discovered in 1973, Bord Gais established to exploit it in 1975, and the gas came on stream in 1978.

The first interconnector with Britain was built in 1993.

Just more moronic cack-handed blinkered incompetence from the idiot servile gombeenarchy.
...
By the early '90s there was a large customer base and expensive distribution infrastructure for natural gas, but only one source of it and it was necessary to plan ahead to when it would start running out (output from Kinsale started declining in 1995). If they'd spent, say, fifty million Euros in 1992 to make the pipeline able to handle two-way traffic and Corrib gas hadn't later been discovered, you'd now be condemning that decision.
The decision not to spend the money to make the later pipeline two-way seems to have been due to a costly miscalculation of their future import requirements by our sole potential export market, though I assume you don't consider the UK an idiot servile gombeenarchy.

It's right to get outraged about decisions that should have been recognised as bad without the benefit of hindsight or where the government didn't have sufficient information to make the right decision because of their own inadequate preparations. But, you appear to get equally outraged about cases where the wrong decision was reasonable without the benefit of hindsight.
 

ocianain

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Feb 24, 2013
Messages
2,299
200 million to take the flapper out of a check valve....me 'Riles and Callahan will do it for 100 million!
 

Watcher2

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May 2, 2010
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33,971
What is the position re balance of trade in respect of the UK - have you figures comparing value of exports compared to the value of imports?
Of course not. The persecuted mind doesn't think like that.
 

Eire1976

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Nov 20, 2010
Messages
14,190
With all these new oil finds off the Cork coast, is Ireland going to become as wealthy as Norway?
You can but dream, the EU rules will mean that the State cannot own but a tiny percentage.

Norway stays out of the EU so that they can do what they want.
 

DuineEile

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Aug 29, 2010
Messages
14,939
Of course not. The persecuted mind doesn't think like that.
Oi!



I've seen those figures before. I checked them out months ago when there was another " the UK is one of our largest trading partners" w@nkfests going on here.

I started a thread. It is a reasonable topic for discussion. Less of the insults please.



D
 

Burnout

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Joined
Oct 7, 2009
Messages
7,275
Twitter
I have a life.
With all these new oil finds off the Cork coast, is Ireland going to become as wealthy as Norway?
Some group of people will even get elected for 'finding' the gas. Inventing it even. However on another point, we know what Ireland does with financial wealth, we hand it over to others to look after for us, and they just look after themselves. We do however get to pick up the party tab.
 

DuineEile

Well-known member
Joined
Aug 29, 2010
Messages
14,939
By the early '90s there was a large customer base and expensive distribution infrastructure for natural gas, but only one source of it and it was necessary to plan ahead to when it would start running out (output from Kinsale started declining in 1995). If they'd spent, say, fifty million Euros in 1992 to make the pipeline able to handle two-way traffic and Corrib gas hadn't later been discovered, you'd now be condemning that decision.
The decision not to spend the money to make the later pipeline two-way seems to have been due to a costly miscalculation of their future import requirements by our sole potential export market, though I assume you don't consider the UK an idiot servile gombeenarchy.

It's right to get outraged about decisions that should have been recognised as bad without the benefit of hindsight or where the government didn't have sufficient information to make the right decision because of their own inadequate preparations. But, you appear to get equally outraged about cases where the wrong decision was reasonable without the benefit of hindsight.
Why?


Do we smell or something?



D
 
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