The Energy Regulation Division of the Ministry of Energy and Resources has concluded consultations with the oil and gas industry on proposed amendments to Directive PNG025: Licensee Liability Rating (LLR) Program. The amended directive was completely redrafted to consolidate the LLR requirements and to define rules in support of new programs introduced through The Financial Security and Site Closure Regulations (FSSCR).
Further details on the proposed amendment may be found in the Notice of Proposed Directive Amendments Directive PNG025: Licensee Liability Rating Program. Any inquiries regarding the above may be directed to the ER Service Desk at er.servicedesk@gov.sk.ca.
A link to the finalized Directive and to a document outlining the ministry's responses to feedback received during the consultation process may be found in Bulletin BT2022-010.