Dáil Éireann Debate, Wednesday - 14 September 2022
160. Deputy Darren O'Rourke asked the Minister for Finance the tax and other revenue that are paid to the State from the operations of the Corrib gas field in each of the years 2017 to 2021 and to date in 2022; and if he will make a statement on the matter. [44367/22]
Amharc ar fhreagraI am advised by Revenue that, due to its obligation to protect taxpayer confidentiality, as provided for in section 851A of the Taxes Consolidation Act 1997, it is not possible to provide details of the tax payments requested by the Deputy.
I am informed by the Department of the Environment, Climate and Communications, that other monies are collected by the Minister for the Environment, Climate and Communications relating to the Corrib Petroleum Lease. Payments made to the Minister for the Environment, Climate and Communications in relation to the Petroleum Lease that the Corrib Gas Field for the years 2017 – 2022 are outlined below. The payments consist of rental fees paid by the operator amounting to €122,623 per annum. An additional amount of €13,680 was paid in 2018 concerning two change control notices and one assignment fee in relation to the lease.
|
Year |
Payment made to the Minister for the Environment, Climate and Communications |
|
2017 |
€122,623 |
|
2018 |
€136,306 |
|
2019 |
€122,623 |
|
2020 |
€122,623 |
|
2021 |
€122,623 |
|
2021 |
€122,623 |
In accordance with Section 57 of the Petroleum and Other Minerals Development Act, the Minister for the Environment, Climate and Communications is required to present to the Houses of the Oireachtas a six monthly report on Petroleum Exploration and Development in Ireland. This report sets out:
- the particulars of all Authorisations granted by the Minister for the Environment, Climate and Communications that were current during the reporting period,
- the amount of money relating to petroleum exploration and development collected by the Minister for the Environment, Climate and Communications during the reporting period, and
- other information relating to petroleum exploration and development in Ireland.
These reports are available at the link below:
www.gov.ie/en/collection/5da3e-six-monthly-reports-to-the-oireachtas-on-petroleum-exploration-and-development-in-ireland/
