This Practice Note analyses the potential risks related to exchanges of commercially confidential information in the UK oil and gas (O&G) sector within the context of the NSTA Strategy (published under the title ‘OGA Strategy’ in 2020), in particular with regards to information as to proposed future investments and future production in order to produce an Area Plan, and it further identifies how such exchanges may be conducted in a manner which is consistent with UK and EU competition laws.
This Practice Note provides an overview of the third party access (TPA) regime in place in the in the United Kingdom Continental Shelf (UKCS). It introduces both the UK and EU legislative framework underpinning the TPA regime, as well as a comprehensive overview of the North Sea Transition Authority’s (NSTA) Guidance on Disputes over Third-party Access to Upstream Oil & Gas Infrastructure. The NSTA was formerly known as the Oil and Gas Authority. It also touches on potential issues of competition law that may arise when dealing with TPA on the UKCS.
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