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Decommissioning Planning of Offshore Oil and Gas Fields in Vietnam: What Can be Learnt from Mine Closure Planning in Scotland?

Author

Listed:
  • Huyen Thi Le

    (PetroVietnam University, Vietnam)

  • Janet Xuanli Liao

    (Centre for Energy, Petroleum and Mineral Law and Policy, University of Dundee, Nethergate, Dundee, Scotland,)

  • Christopher J. Spray

    (School of Social Sciences, University of Dundee, Nethergate, Dundee, Scotland.)

Abstract

Due to the lack of necessary requirements in the existing regulations for decommissioning of offshore oil and gas fields in Vietnam, this paper makes policy recommendations based on the comparison between the decommissioning planning of offshore oil and gas fields in Vietnam and the similar closure planning of opencast coal mines in Scotland. The comparative analysis shows that there is interplay between the project context and restoration/decommissioning outcomes in the cases of three opencast coal mines in East Ayrshire, Scotland and X oil field in Vietnam. The influencing contextual factors in both cases can be categorized as biophysical and material conditions, community attributes, biodiversity s interest, socioeconomic context and rules. Based on such analysis, additional issues should be considered while preparing future decommissioning plans and updating relevant laws in Vietnam. Particular challenges include compliance monitoring, shell mounds, drill cuttings, financial assurance, consultation with local communities and recognition of their interests, rigs-to-reefs, coastal communities socioeconomic development, and investment in research, training and education about oil and gas decommissioning.

Suggested Citation

  • Huyen Thi Le & Janet Xuanli Liao & Christopher J. Spray, 2021. "Decommissioning Planning of Offshore Oil and Gas Fields in Vietnam: What Can be Learnt from Mine Closure Planning in Scotland?," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 162-174.
    • Handle: RePEc:eco:journ2:2021-04-21
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    References listed on IDEAS

    as
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    4. Silvana Tordo, 2007. "Fiscal Systems for Hydrocarbons : Design Issues," World Bank Publications - Books, The World Bank Group, number 6746.
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    More about this item

    Keywords

    Offshore Platforms; Opencast Coal Mines; Decommissioning Planning; Closure Planning; Decommissioning Outcomes;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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