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Unconventional Oil and Gas: Decommissioning, Site Restoration and Aftercare - Obligations and Treatment of Financial Liabilities

Unconventional Oil and Gas: Decommissioning, Site Restoration and Aftercare - Obligations and Treatment of Financial Liabilities

Tuesday, November 8, 2016

ISBN: 9781786523945

An independent research project into decommissioning, site restoration and aftercare – obligations and treatment of financial liabilities commissioned by the Scottish Government as part of a programme of evidence-gathering on unconventional oil and gas in Scotland.

Executive Summary

On 28 January 2015 the Scottish Government announced a moratorium on unconventional oil and gas (UOG).

Scottish Ministers commissioned a series of independent research projects into UOG to examine the potential environmental, health and economic impacts and to inform our evidence-led approach.

The research project into decommissioning, site restoration and aftercare was carried out by AECOM. The research aims were to:

• better understand the steps that can be taken to ensure decommissioning, site restoration and aftercare can be undertaken in a way that ensures robust regulation and minimises impacts on communities and the environment;

• identify and explore different models of financial guarantee that provide robust security against liabilities and improve understanding of associated costs.