WHITEHORSE—The Yukon government is seeking feedback on a number of proposed amendments to Yukon’s Oil and Gas legislation.
“The goal of the proposed legislative revisions is to ensure Yukon remains able to attract and retain industry interest,” Minister of Energy, Mines and Resources Scott Kent said. “The changes will also strengthen the Yukon government’s ability to protect people and the environment, and improve transparency and clarity of information and processes.”
The Yukon government is consulting on amendments to the Yukon Oil and Gas Act that extend the term of a permit, improve the dispute resolution process for the negotiation of benefits agreements and clarify well abandonment requirements and procedures.
Yukoners are also invited to provide comments on proposed amendments to the Oil and Gas Disposition Regulations that include changes to the rent regime and to the work deposit refund process.
“This is part of the Yukon government’s commitment to modernize and streamline the regulatory processes for resource management,” Kent added. “These proposed changes will increase certainty for oil and gas exploration projects in Yukon’s frontier region by allowing for more flexibility, consistency and encouraging continued activity in Yukon.”
Yukon residents are encouraged to review a discussion document available online. Comments will be accepted until Monday, September 14. Paper copies of the discussion document can be provided on request.
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