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Dáil Éireann debate -
Thursday, 16 May 1974

Vol. 272 No. 11

Ceisteanna—Questions. Oral Answers. - Oil Exploration Licences.

40.

asked the Minister for Industry and Commerce when he proposes to grant exclusive exploration licences to those oil companies which have applied for such licences; the terms of such licences; and if he will make a general policy statement in the matter.

The question of policy and procedures relating to the granting of such facilities is at present under consideration. This is a very complex matter requiring close and detailed study but I would hope to make an announcement later this year, following which applications for exclusive exploration licences will be invited.

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