Written answers

Wednesday, 25 January 2006

Department of Communications, Energy and Natural Resources

Corrib Gas Pipeline

8:00 pm

Photo of Dan NevilleDan Neville (Limerick West, Fine Gael)
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Question 185: To ask the Minister for Communications, Marine and Natural Resources the discussions he has had with companies (details supplied) or other interests with a view to maximising the Corrib gas field for the benefit of the economy in general; and if he will make a statement on the matter. [2057/06]

Photo of Noel DempseyNoel Dempsey (Meath, Fianna Fail)
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Recent events in the European gas market demonstrate the importance of having indigenous gas in the context of security of supply. As regulator for the Corrib gas field I have ensured through the consent processes, approval of production profiles and a field management plan whereby the recoverable reserves of gas will be maximised. The sale of produced gas is ultimately a matter for the developers of the field. In addition to security of supply, the Corrib field will act as a catalyst for the extension of the Bord Gáis gas distribution system, facilitate the improvement of the region's infrastructure, increase local employment, provide tax revenues and encourage investment in oil and gas exploration.

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