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The Irish Offshore Operators’ Association welcomed the decision to honour existing licences. By Adam Daly Tuesday 2 Feb 2021, 4:22 PM Feb 2nd 2021, 4:22 PM 13,931 Views 58 Comments
Image: PA
Image: PA
CABINET HAS APPROVED the introduction of legislation to ban new licenses for oil and gas exploration, however, existing licences issued by the State will still be honoured under proposed plans.
Minister for Transport, Environment and Climate Eamon Ryan is hoping to bring about this change by adding a provision to the Climate Action and Low Carbon Amendment Bill which will go before the Oireachtas shortly.
Existing authorisations for exploration will remain in place and applications and activities, “remaining subject to technical, financial, and environmental assessments as appropriate,” according to the Departm
Ireland faces increased threats to energy supplies since Brexit Corrib field now the State’s sole domestic source of natural gas
Fri, Jan 15, 2021, 07:00
Ireland faces increased threats to energy supplies as Brexit cuts our links with Europe’s gas and electricity networks, a report published on Friday warns.
The Irish Offshore Operators’ Association (IOOA), which represents licensed oil and gas explorers in the Republic’s waters, points out in its energy review 2021, that the Corrib field is now the State’s sole domestic source of natural gas, used to produce much of Ireland’s electricity.
The association notes that since its last r¼eport in 2016, “the risks of potential interruption to Ireland’s energy supply have increased significantly”.