About: Oil and Gas (Enterprise) Act 1982     Goto   Sponge   NotDistinct   Permalink

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The Oil and Gas (Enterprise) Act 1982 (1982 chapter 23) is an Act of the Parliament of the United Kingdom which started the process of privatisation of the oil and gas industries in the UK. It empowered the government to float off and sell shares in Britoil the upstream production side of the British National Oil Corporation. It ended the British Gas Corporation’s monopoly on the transportation and supply of gas, opening up the gas market to other gas suppliers. The Act made miscellaneous provisions relating to the oil and gas industries concerning Petroleum Licences and Offshore Installations.

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  • Oil and Gas (Enterprise) Act 1982 (en)
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  • The Oil and Gas (Enterprise) Act 1982 (1982 chapter 23) is an Act of the Parliament of the United Kingdom which started the process of privatisation of the oil and gas industries in the UK. It empowered the government to float off and sell shares in Britoil the upstream production side of the British National Oil Corporation. It ended the British Gas Corporation’s monopoly on the transportation and supply of gas, opening up the gas market to other gas suppliers. The Act made miscellaneous provisions relating to the oil and gas industries concerning Petroleum Licences and Offshore Installations. (en)
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amendments
  • Gas Act 1986, Petroleum Act 1998 (en)
territorial extent
  • Great Britain (en)
citation
long title
  • An Act to make further provision with respect to the British National Oil Corporation; to abolish the National Oil Account; to make further provision with respect to the British Gas Corporation; to make provision for and in connection with the supply of gas through pipes by persons other than the Corporation; to amend the Petroleum Act 1934 and to make further provision about licences to search for and get petroleum; to repeal and re-enact with amendments sections 2 and 3 of the Continental Shelf Act 1964; to extend the application of the Mineral Workings Act 1971 and the Offshore Petroleum Development Act 1975; to amend the Miscellaneous Financial Provisions Act 1968, the Petroleum and Submarine Pipe-lines Act 1975 and the Participation Agreements Act 1978; and for connected purposes. (en)
parliament
  • Parliament of the United Kingdom (en)
short title
  • Oil and Gas Act 1982 (en)
status
  • Amended (en)
type
  • Public General Act (en)
year
has abstract
  • The Oil and Gas (Enterprise) Act 1982 (1982 chapter 23) is an Act of the Parliament of the United Kingdom which started the process of privatisation of the oil and gas industries in the UK. It empowered the government to float off and sell shares in Britoil the upstream production side of the British National Oil Corporation. It ended the British Gas Corporation’s monopoly on the transportation and supply of gas, opening up the gas market to other gas suppliers. The Act made miscellaneous provisions relating to the oil and gas industries concerning Petroleum Licences and Offshore Installations. (en)
introduced commons
  • Michael Howard (en)
royal assent
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