Browsing Marine Foresight Series by Subject "Oil and gas industry"
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Ireland's Ocean Economy and ResourcesAlthough virtually all of Ireland's trade is by sea, and around 80% of the population live in coastal counties, Ireland's marine resource can more truthfully be described as an under-developed resource, or an under-utilised national asset. It contributes approx. 1% of Ireland's GNP - a much lower proportion than in most other maritime countries. Looking at it another way, Ireland's ocean economy - a well-kept national secret - is a wealth of opportunity, waiting to be discovered. This briefing document sets out to provide a profile of Ireland's ocean economy, and explain why, and how, the country should be seeking to develop its maritime resource in the coming years.