Six off-shore licences awarded in four months

Ireland’s off-shore oil and gas exploration "is going in the right direction" with new figures showing that more off-shore petroleum exploration licences have been awarded in the first four months of 2014 than throughout last year.

Six off-shore licences awarded in four months

According to the Minister for State at the Dept of Energy and Natural Resources, Fergus O’Dowd, the State has awarded six off-shore petroleum exploration licences in the first four months of this year.

The number of licence awards for the first four months of this year is one more than was awarded throughout 2013 with no licence awards taking place in the preceding three years.

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