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Cabinet Regulation No. 942 of 2009 on State Fee for the Production of Hydrocarbons

Country/Territory
Latvia
Document type
Regulation
Date
2009
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Royalties/fees Oil Natural gas Procedural matters EEZ-Exclusive Economic Zone Maritime zone
Geographical area
Europe, Europe and Central Asia, European Union Countries, Northern Europe
Abstract

The Regulation prescribes the procedures for calculation of the State fee for the production of hydrocarbons, the amount and the procedures for payment of the fee. The fee is payment for hydrocarbons produced in the exclusive economic zone of the Republic of Latvia or on the lands owned by the State in the territory of Latvia. The fee is paid by merchants (commercial companies), which have received a licence for the exploration and production of hydrocarbons and produce hydrocarbons in the exclusive economic zone of Latvia or on the lands owned by the State in the territory of Latvia.

Full text
English
Website
www.likumi.lv

References - Legislation

Implements

Law on Subterranean Depths (1996)

Legislation | Latvia | 1996 (2013)

Keyword: Basic legislation, Exploration, Minerals, Mining, Research, Protected area, Authorization/permit, Sustainable development, Ecofriendly products/ecofriendly processes, Special fund, Offences/penalties, Oil, Natural gas, Groundwater, Freshwater resources management, Thermal and medicinal waters, Industrial water use, Well sinking/boreholes

Source: FAO, FAOLEX

Directive 94/22/EC of the European Parliament and of the Council on the conditions for granting and using authorizations for the prospection, exploration and production of hydrocarbons.

Legislation | European Union | 1994

Keyword: Oil, Exploration, Mining, Continental shelf, Authorization/permit, Maritime zone

Source: FAO, FAOLEX

Repeals

Regulations No. 53 on the state fee for the oil production.

Legislation | Latvia | 2000 (2003)

Keyword: Authorization/permit, Oil, EEZ-Exclusive Economic Zone, Exploration, Royalties/fees, Maritime zone

Source: FAO, FAOLEX