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ARTICLE · 09 OCTOBER 2013

NEB Seeks Feedback On Revised Oil And Gas, Export Regulations

As part of updates to the National Energy Board's gas and oil import and export rules, the Board has published significant proposed revisions to three regulations.

CanadaEnergy and Natural Resources

As part of updates to the National Energy Board's gas and oil import and export rules, the Board has published significant proposed revisions to three regulations.

Changes to the National Energy Board Part VI (Oil and Gas Regulations) would include changes that would:

  • require licenses for the export of heavy crude oil and refined products
  • end licensing requirements for the import of natural gas
  • reduce and simplify the amount of information required in the application for a gas export license, including removing detailed information requirements related to gas supply and sales contracts and transportation arrangements
  • exempt gas being exported for subsequent reimportation from export licensing

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