Environmental Regulation for Hydrocarbon Activities, 2001, Ministry of Environment, and Ministry of Energy and Mines.

South America Current 2001

Regulation for hydrocarbon activities related to exploration, development and production, storage, transportation, industrialization and commercialization of crude oil, oil derivatives, natural gas and related activities that are susceptible to causing environmental impacts in the area of direct influence, in each case defined by the corresponding environmental analysis. Art 11. – Annual Environmental Report. – Before January 31st every year, control subjects shall present the annual report of environmental activities performed during the previous year, as part of the annual report of contract activities. This report shall describe and assess budgeted environmental activities executed, in relation to the ones that are part of the above-referred annual schedule of activities.

Scope

Environmental

Industry sectors covered by the instrument

Specific sector/s

Organizations covered by the instrument

Large companies (listed & unlisted) - specific entities hydrocarbon activities

Type of instrument

Legislation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners