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UK: Carbon Dioxide Appraisal and Storage Licence: licence transfer and change in control approach


09 Jul 2024

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The North Sea Transition Authority (NSTA) has published its approach to applications for consent to a transfer of a carbon dioxide appraisal and storage licence, or change of control of a corporate entity.

This approach provides clarity to licensees on how the NSTA will consider transactions, thereby supporting the growing carbon storage industry, contributing to a stable and predictable system of regulation.

The NSTA’s approach can be found here.

Original announcement link

Source: NSTA

 





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