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ARTICLE · 30 APRIL 2015

New Amendments To The B.C. Fee, Levy And Security Regulation

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For the second time this year, the Fee, Levy and Security Regulation, B.C. Reg. 8/2014, has been amended by the British Columbia Oil and Gas Commission.

CanadaEnergy and Natural Resources
Rick Williams
Rick Williams
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For the second time this year, the Fee, Levy and Security Regulation, B.C. Reg. 8/2014, has been amended by the British Columbia Oil and Gas Commission (the "OGC"). The stated intention of the amendments is to make the fee structure "better reflect the complexities of consultation, advice and reviews required for major oil and gas projects". The OGC began consulting with industry on these amendments last fall.

The amendments can be grouped into two sets. The first concerns the fees related to Class C pipelines and LNG facilities. These are the largest projects of their kind, being pipelines with outside diameters of 609.6 mm or more and facilities with a capacity to process more than 5.6 million m3/day. The second concerns fees for other aspects of the operation of LNG facilities.

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