1. Petroleum Infrastructure of Ireland

2. Petroleum infrastructure Irish Petroleum Industry Association

3.  Representative body of those companies in Ireland engaged in the importation, distribution and marketing of petroleum products.  95% of the oil industry in the Republic of Ireland.  Recognised by Government as the representative body for the industry.  Promotes the understanding of the industry’s contribution to economic, technological and social progress.

4. Public policy - IPIA Climate change, IPIA supports rational policy. We cannot other EU policy:be expected to outperform EU Illegal trading: Working closely with Revenue and others Regulations:Enforce across the board Security of supply:Work with National Oil Reserves Agency Practical measures to Government Economic growth:Main energy source, efficient infrastructure

5. What Ireland relies on Sustainable Energy Authority of Ireland: Final Energy Demand Petroleum remains important to Ireland 2010 petroleum 61% 2020 petroleum 58%

6. Petroleum industry in Ireland Now mainly independent and Irish 19902015

7. Loss of multinationals  Ireland security of supply has diminished  Independent oil companies less resilient to oil shocks - can become financially stretched - security of supply is less strong  Resulting threat to economic stability

8. Ireland  On western EU seaboard - ill placed in supply chain  Less… … reliant on upstream parent multinationals  More… … dependent on Irish banking facilities

9. Problem compounded by Malfunctioning banking system. Banks don’t meet required credit rating status for suppliers Sovereign debt crisis. More difficult to obtain credit to fund import of oil products Cost of oil products. Considerable increase

10. High tax regime for oil Economic policy  Peripheral country, dependent on exports  Strain on economic activity & growth prospects  Transport industry (haulage ) very fragile  Power of hypermarkets & multiples to resist rising fuel prices.

11. Illegal washing of diesel €155 m per year lost to Exchequer in fuel duty alone High cost of repairing environment from waste washings Damages vehicles of unsuspecting consumers Difficult for legitimate oil industry to compete IPIA is working with the Department of Finance, the Revenue Commissioners, the Garda Siochana and others to tackle this major problem.

12. Petroleum infrastructure of Ireland