Legal Document

Title: Law 10/2008/QH12 of June 03, 2008, amending and suppplementing a number of article of the Petroleum Law
Type: Law
Issuing Agency: National Assembly
Responsible Agency: Ministry of Industry and Trade
Issuing Date: 03-06-2008

To amend and supplement a number of articles of the Petroleum Law:

1. To amend and supplement Clause 1, Article 3 as follows:

"1. Oil and gas comprise crude oil, natural gas and natural hydrocarbon in the gaseous, liquid, solid or semi-solid form, including coal gas, sulfur and similar substances associated with hydrocarbon, but excluding coal, shale, bitumen or other minerals from which oil can be extracted."

2. To amend and supplement Clause 12, Article 3 as follows:

"12. Encouraged oil and gas investment project means a project which carries out oil and gas activities in deep water and offshore areas, areas with especially difficult geographical conditions and complicated geological conditions and other areas on the list of lots decided by the Prime Minister; or a project on coal gas exploration, prospecting and exploitation."

 See a reference translation at: http://vbpl.vn/tw/Pages/vbpqen-toanvan.aspx?ItemID=10507

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