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Govt reveals pipelines payments

by isleofman.com 1st February 2012

The Manx government earns more than ?400,000 a year from pipelines and cables in our territorial waters.

The figures were revealed by Infrastructure Minister David Cretney in reply to a question for written answer in the House of Keys.

Onchan MHK Zac Hall asked for a list of pipes and cables, who owned them and how much the government gets for them.

In response, Mr Cretney gave a seven-strong list of structures which don’t belong to the government.

Mr Cretney says the seven are: the Mercury Cable, two British Telecom cables between the UK and Ireland, the Hibernia Cable, two Bord Gais Eireann pipelines and a drain for Turkeyland Recycling and Waste Management.

Altogether, the government receives just over ?409,000 each year in revenue and there’s been more than ?2 million in one-off payments for the facilities.

The pipes and cables themselves are used for transmitting data, natural gas and storm water.

Posted by isleofman.com
Wednesday 1st, February 2012 04:39pm.

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