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Article 3 Deep water gas field

Original text. Later amendments are not shown.

(1)

An oil field is a “deep water gas field” if all of the following conditions are met.

(2)

The first condition is that—

(a)

the material submitted in support of the authorisation of the oil field identifies the planned route for the primary pipe-line (or pipe-lines) for transporting gas from the oil field to the relevant infrastructure, and

(b)

the distance gas is to be transported along the planned route is more than 60 kilometres.

(3)

The second condition is that the natural seabed above the oil field must lie below the water surface at a depth of more than 300 metres.

(4)

The third condition is that on the authorisation day of the oil field more than 75 per cent of the reserves of the oil field comprise gas.