Factsheet: Law of the hydrocarbons sector

Law of the hydrocarbons sector

Key Information
Description: 
Law 34/1998 establishes the legal framework for activities involving liquid and gaseous hydrocarbons. The following activities are deemed to be included within the scope of this Law: a) Exploration, research and mining of deposits and underground stores of hydrocarbons. b) Foreign trade, refining, transportation, storage and distribution of crude oil (petroleum) and petroleum products including liquefied petroleum gases. c) The acquisition, production, liquefaction, regasification, transportation, storage, distribution and trading of gas fuels through pipelines.
Goal/Aim: 
regulate the framework for activities involving liquid and gaseous hydrocarbons

Sector/Topic targeted:

Status: