State pumps €4.7m into studies for oil, gas sectors

State pumps €4.7m into studies for oil, gas sectors

The funding was provided to the Irish Centre for Research in Applied Geosciences, which works in partnership with several Irish universities and 150 researchers

The state has funded at least €4.7 million worth of commercially focused research for the international oil and gas industry since 2015, The Sunday Business Post has learned.

The over €1m a year research funding for oil and gas exploration was provided to the Irish Centre for Research in Applied Geosciences (iCRAG). ICRAG is an applied geoscience research body working in partnership with several Irish Universities and 150 researchers. It was set up in 2015 and is...

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