Michael Ring
Ceist:108 Mr. Ring asked the Minister for the Marine and Natural Resources the matters he must take into consideration before issuing a petroleum lease. [5781/01]
Vol. 531 No. 3
108 Mr. Ring asked the Minister for the Marine and Natural Resources the matters he must take into consideration before issuing a petroleum lease. [5781/01]
110 Mr. Ring asked the Minister for the Marine and Natural Resources if he can issue a petroleum lease without having fully considered a complete and accurate plan of development and environmental impact statements. [5783/01]
I propose to take Questions Nos. 108 and 110 together.
Under the Department's licensing terms for offshore oil and gas exploration and development 1992 when a commercial discovery has been established it will be the duty of the authority holder to so notify the Minister for Marine and Natural Resources and to apply forthwith for a petroleum lease with a view to its development. Enterprise Energy Ireland having discovered gas in the Corrib field off the Mayo coast declared the field commercial last January and applied to me for a petroleum lease to develop it. This lease application is still under consideration in my Department. Such applications shall include the outline development proposals, financial and marketing plan for the exploitation of the discovery based on the applicant's considered likely production profile and an outline statement of the likely effects on the proposed development on the environment. Before a lease can be issued by me I must be satisfied by reference to the likely production profile and the applicants outline development, financial and marketing plans that a commercial discovery has been made.