Consultation seeking views on a draft strategy for maximising economic recovery of petroleum from the United Kingdom Continental Shelf.
Section 9A of the Petroleum Act 1998 creates an obligation on the Secretary of State to produce a Strategy for achieving the Principal Objective of maximising the economic recovery of UK petroleum. Section 9G of that Act requires the Secretary of State to produce a draft of the Strategy and to consult such persons as she considers appropriate about the draft.
This Consultation invites views on the suitability of this draft in particular from all those who will be subject to the Strategy. The Strategy, once in force, would be binding on holders of offshore petroleum licences; operators appointed under those licences; operators of upstream petroleum infrastructure; and persons planning and carrying out the commissioning of upstream petroleum infrastructure.