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Intellectual people
A fine of 1,800 to 2,000 million dong for acts of invasion of inland areas, islands, inland waters, territorial waters, exclusive economic zones and territorial soil of Vietnam for the exploitation of oil and gas.
The Government has just issued Decree No. 99/2020 / ND-CP that regulates the sanction of administrative offenses in the fields of oil and gas, oil and gas trade.
The Decree stipulates that for each act of administrative infraction in the field of oil and gas, the oil and gas business, the offending organizations and individuals must be subject to the main sanction of the fine. The maximum level of fine in the field of oil and gas exploration and exploitation is VND 1 billion for individuals and VND 2 billion for organizations.
Specifically, for oil and gas exploration activities, the Decree establishes a fine of 300 – 400 million VND for the act of drilling outside the area indicated in the oil and gas contract when the competent authority has not allowed it. arising from other sources or illegal earnings below one billion.
A fine of VND 400 to 600 million will be imposed for conducting oil and gas exploration and search activities when the oil and gas contract or annual work program and budget have not yet been approved by the competent authorities. illegal resources or earnings less than 1 trillion VND.
A fine of VND 600 to 800 million will be imposed for conducting oil and gas exploration and search activities in an area of Vietnam that is declared prohibited or temporarily prohibited without generating any profit or illegal products below. 100 million dong.
The Decree stipulates a fine of 1,800 to 2,000 million dong for acts of invasion in inland areas, islands, inland waters, territorial waters, exclusive economic zones and continental shelf of Vietnam for investigation. seek exploration and exploration for oil and gas without generating illegal resources or profits below VND 100 million.
For acts of violation of the regulations on the development and exploitation of oil and gas fields, the Decree stipulates a fine of between 400 and 500 million VND for one of the following acts of violation: Carrying out oilfield development and exploitation activities and gas when the field development plan or the corresponding work program and the annual budget have not been approved by a competent agency; exploit oil and gas beyond the area indicated in the contract without permission from the competent state agency.
A fine of between VND 500 and 600 million will be imposed for carrying out oil and gas extraction in an area that Vietnam has declared prohibited or temporarily prohibited.
For acts of infringement of areas on the mainland, islands, inland waters, territorial waters, exclusive economic zones, and geographic platforms of Vietnam for the purpose of exploiting oil and gas, a fine of between 1.8 and 2 billion VND will be imposed.
CNQ
