- Professional News
- 20 March 2014
Timetable for the 7th Licensing Round for oil and gas announced
The Danish Parliament’s Climate, Energy and Building Committee has announced a timetable for its review of the report regarding the Licensing Round for hydrocarbon licences in the North Sea.
Before the invitation to tender is published, the framework conditions for the 7th licensing round for hydrocarbon licences in the Danish part of the North Sea must be presented before the Danish Parliament’s Climate, Energy and Building Committee. This is laid down in s. 12 of the Danish Subsoil Act (undergrundsloven).
The content of the report regarding the framework conditions is confidential until the committee review has been completed. However the committee has published a committee review timetable.
The timetable deadlines are:
- 19 March 2014: Deadline for the committee members’ submission of questions to the Minister for Climate, Energy and Building.
- 27 March 2014: Deadline for the Minister's replies to the questions.
- 31 March 2014: Deadline for comments.
- 3 April 2014: Final committee discussion resulting in a statement.
When the statement has been presented, the invitation to tender for the 7th Licensing Round for hydrocarbon licences will be published, and the public tender terms and conditions will be available to all interested parties.
The 7th Licensing Round for oil and gas approaching
The 7th Danish Licensing Round for hydrocarbon licences was announced in 2013 but was deferred awaiting the Danish Energy Board of Appeal’s decision on a matter concerning complaints regarding the Danish Energy Agency’s Strategic Environmental Assessment filed by 10 German environmental organisations. The Energy Board of Appeal dismissed the complaints in a decision of 21 February 2014.
For more information on this subject, please also see Obstacles to the 7th oil and gas Licensing Round cleared.
Following the Energy Board of Appeal’s decision, the licensing round awaits only the completion of the committee review. Subsequently, the 7th Danish Licensing Round for hydrocarbon licences will be initiated.