NORA
The National Oil Reserves Agency (NORA) was established in 1995 as a subsidiary of the Irish National Petroleum Corporation Limited (INPC). The National Oil Reserves Agency Act 2007 has established NORA as a State Agency under the aegis of the Department of Communications, Energy and Natural Resources. NORA is the State Agency responsible for the holding of national strategic oil stocks at a level determined annually by the Minister for Communications, Energy and Natural Resources. Such stocks may be held directly by the Agency itself or on its behalf by third parties in Ireland and/or in EU Member States with whom Ireland has concluded a Bilateral Oil Stockholding Agreement.
Financial Data
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31st Dec 19 Source: CRO
- €133.4 million turnover
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€100.9 million
profit - 6 employees
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31st Dec 18 Source: CRO
- €134.2 million turnover
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€95.1 million
profit - 5 employees
- 9 more years available »
Ranking
By Turnover
(€133.4 million)- 438th in Top Companies
- 35th in Energy
By Employees
(6)- 1009th in Top Companies
- 49th in Energy
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- 6
- €133.4 million
Employees
- Pat Meehan CEO/Managing Director
Latest News
- May 07 US jobs growth slows despite reopenings and vaccinations
- May 07 Regulator expects FBD to pay ‘all reasonable costs’ of publicans, court told
- May 07 European and US stocks rise as investors see light at end of pandemic tunnel
- May 07 GillenMarkets denies claims managing director was summarily dismissed
- May 07 New rules may be needed to make banks act faster on dud loans, says McGuinness