Minister for Foreign Affairs Simon Coveney has said he is not ruling himself out as a candidate to replace Phil Hogan as Ireland's next European commissioner.

But, he said, he would need to be convinced that he would add "significant value" to Ireland's chances of increasing its profile within the commission and said he is aware that Taoiseach Micheál Martin and his team are currently trying to establish if that would be the case.

Speaking in Bandon, Mr Coveney said he is part of a discussion currently taking place within Government on Mr Hogan's successor. 

He said national politics has been "and still is" a huge part of his life.

On reports the Government may only put forward one candidate for the role, Mr Coveney said he would not comment on whether the Government should send the names of two people - one man and one woman - to Commission President Ursula von der Leyen to replace Mr Hogan. 

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He said it is up to the Taoiseach and the government party leaders to make a recommendation to the Cabinet. 

He said the Government will need to make a decision soon because there is a vacuum that needs to be filled and he believes a decision will be made "in the coming days". 

It is also understood MEP Frances Fitzgerald is interested in the job and fellow MEP and European Parliament Vice President Mairead McGuinness has already publicly declared her interest.

No decision has been taken on who will be nominated by the Government.

Taoiseach Micheal Martin, Tanaiste Leo Varadkar and Minister Eamon Ryan discussed the issue tonight, and will meet again tomorrow.