Library / Midstream and Downstream Environmental Remediation Fund Regulations Draft Date: 10/06/2022 Establishment of the Fund 1. (1) These Regulations are made for the administration of the Environmental

Midstream and Downstream Environmental Remediation Fund Regulations Draft Date: 10/06/2022 Establishment of the Fund 1. (1) These Regulations are made for the administration of the Environmental

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SCHEDULE 1 
RATES FOR THE FINANCIAL CONTRIBUTION CALCULATION 
 
TABLE 1 – Rates for the financial contribution for the midstream and downstream 
operations: 
Column 1 
Location of petroleum 
operation under a 
license  
Column 2 
Contribution 
in US$ per 
day (Fixed 
Contribution) 
Column 3 
Rate for 
annual 
Midstream 
and 
Downstream 
Capital 
Expenditure 
(CER) 
Column 4 
Rate for 
average 
daily 
capacity 
for liquids in 
US$ per 
bbl/day 
(LCR) 
Column 5 
Rate for 
average 
daily 
capacity 
for natural 
gas, in US$ 
per 
Mcf/day 
(GCR) 
Onshore High-Risk 
Areas 
US$ 40 
0.0010% 
US$ 0.0020 
US$ 
0.000200 
Onshore – Other 
Areas 
US$ 32 
0.0008% 
US$ 0.0010 
US$ 
0.000100 
Shallow Water – High-
Risk Areas 
US$ 24 
0.0006% 
US$ 0.0005 
US$ 
0.000050 
Other Shallow Water 
Areas 
US$ 16 
0.0003% 
US$ 0.0002 
US$ 
0.000020 
Deep Water Areas 
US$ 8 
0.0001% 
US$ 0.0001 
US$ 
0.000010