INTIEAUnited Kingdom · Petroleum Act 1998 (1998)PolicyIn force

Petroleum Act 1998

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…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

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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/26111

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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