Lifecycle
- Effective
- Last change
Country / jurisdiction: United Kingdom · Year: 1998 · Status: In force · Level: National · Type: Voluntary
The Petroleum Act 1998 vests all rights to the UK’s petroleum resources in the Crown and provides the NSTA with the power to grant licences that confer exclusive rights to ‘search and bore for and get’ petroleum. Each of these licences confers such rights over a limited area and for a limited period.
Official source: https://www.legislation.gov.uk/ukpga/1998/17/contents
Source
https://www.iea.org/policies/26111Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.