Under that section, holders of PNG permits, leases and drilling licences can apply to the Minister for a storage reservoir, which grants permission to access, develop or use a storage reservoir to store or dispose of CO2 and other substances. The Guide also highlights that parties seeking to develop CO2 storage projects may apply for a "storage reservoir licence" under section 130 of the PNGA. Because the PNGA has historically defined "natural gas" to include CO2, the use of PNG leases as a means of securing CO2 storage tenure is not new. PNG leases issued under Part 6 of the PNGA give the lessee the right to store or dispose of "natural gas" and other substances into a storage reservoir in the location of the lease. The Guide provides summary information on the use of these forms of tenure. Storage reservoir licenses issued in accordance with section 130 of the PNGA. PNG leases issued in accordance with Part 6 or section 71 of the PNGA, and.It explains that, in BC, there are two forms of tenure which can be utilized for storage or disposal of CO2: The Guide provides a helpful summary of recent changes to the PNGA related to CO2 storage tenure rights. BC's approach appears to differ from Alberta's approach in some important respects. The Guidance for Obtaining and Utilizing Subsurface Tenure for Carbon Dioxide Storage ( Guide), published in December 2022, follows legislative changes to BC's Petroleum and Natural Gas Act ( PNGA) which took effect in November of last year, and provides direction on obtaining petroleum and natural gas ( PNG) tenure needed for subsurface storage or disposal of carbon dioxide ( CO2). As the emphasis on carbon capture and storage ( CCS) continues to grow, the latest policy development is a guidance document published by the British Columbia ( BC) Ministry of Energy, Mines and Low Carbon Innovation ( Ministry).
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