Vol. 451 No. 8
255 Mr. Barry asked the Minister for Transport, Energy and Communications if the possibility of further gas and oil finds off the south coast has improved in view of enhanced technology; and if he will make a statement on the matter. [7276/95]
Technological developments have improved exploration techniques but, even with modern technology, it is impossible to say whether further gas or oil will be discovered off the south coast or elsewhere in the Irish offshore. However, as there is now a high level of interest in the Irish offshore, with 22 exploration licences in place, I am optimistic that there is a reasonable chance of further discoveries being made within the next few years.
