It can never make economic sense, not when the investment on the interconnector’s already done and the rate of 9c6 as defined by konrad Mizzi for his gas plant doesn’t include the operator’s profit.

Interconnector rates envisaged at 11c. Capital employed 200million euros to be offset.

Gas bunkering, now that’s something else. Italy buys gas in spring-summer, stores it in depleted wells, tanks and even ships, to resell during the winter months.

This is what Labour’s after. Konrad mentioned it a couple of times, naming Shell, Total and Trafigura, that’s why he doesn’t seem particularly troubled by the location of the storage facilities.

Labour never said it will be two tanks, they always spoke about capacity and economic feasibility. If 65,000 cubic meters has to go up to 120, 200, 1.5 mega cubic meters so much the better.

Noticed how Joseph chose to make the comparison with the PN’s floating terminal option only?

Yet he’ll consider the pipeline, of course, like anyone privy to the real details, the pipeline could be used in the opposite direction. Feed Sicily.

The difference here then, is whether Audrey Harrison, Mepa officer, resident of Marsaxlokk and Labour testimonial would like to have the terminal on her doorstep or out at sea on Hurds bank.

Choose between those who came clean immediately on their two options and Muscat who won’t. If he thinks he can apply for funding using this tactic he’s an idiot.

It will have to be public money not some multinational.

The terminal cannot be defined by Malta’s requirements, the overheads related to design, safety and insurance wouldn’t allow it.

u KOSTID

Exactly – I would too. This is the big difference.

Joseph’s supporters, rather than feel ashamed, will blindly defend him and Labour, with their skewed reasoning of “B’daqshekk? Aghmel sew Joseph. Dawk min huma bies jghidulu x’jaghmel? Eniwejj, daqt ntajruhom minn hemm dawk ta’ Lubondi”

DATA : It-Tlieta, 5 ta’ Marzu 2013

ĦIN : 10:00 hrs

POST : ONE Radio

SUĠĠETT : Il-Mexxej Laburista Joseph Muscat jieħu sehem fi programm tar-radju

Labour have also said that they will be using only 25% of the capacity of the new cable interconnector with Sicily.

Therefore, under this plan, 75% of the interconnector, equivalent to 150 MW of electricity, will be kept idle while we shall be building a new power station with a capacity of 200MW.

Why are we opting to build a power station to give us 200MW while we keep the interconnector idle in respect of 75% of its capacity? Does this make economic sense?

If we use the interconnector fully, we do not need a new power station. It only makes economic sense if the cost of the electricity generated by the new PL gas plant is so much cheaper than the interconnector rates that it justifies the investment.

Hear, hear!

Muscat avoided the question altogether and instead spent 3 to 5 minutes praising Labour’s “meticulously” detailed proposal for the energy sector.

X’ghandu x’jaqsam Jason mal-gass, Guz?

… or he should simply send the teleprompter. It’ll probably do a better job.

Issa jaghtu eh wahda ir-rooster Franco Debono.