Part III Submarine pipelines

F117C Application of section 17D to certain offshore gas storage facilities.

1

Section 17D applies to offshore gas storage facilities other than exempt offshore gas storage facilities.

2

An owner of an offshore gas storage facility may apply in writing to the Director for an exemption for the facility.

3

An exemption shall be given in writing and may be given—

a

so as to have effect for an indefinite period or for a period specified in, or determined under, the exemption;

b

unconditionally or subject to such conditions as the Director considers appropriate.

4

An exemption may be revoked in accordance with its provisions and, in any event, may be revoked by giving a notice of revocation to the owner of the facility concerned not less than four months before the coming into force of the revocation.

5

The Director shall give an exemption with respect to a facility where he is satisfied that the requirements of section 17D(1), (3) and (7) and section 17E(2) are already met with respect to the facility concerned by existing market arrangements which promote competition.

6

In this section and sections 17D and 17E “the Director” means the Director General of Gas Supply.