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A summary of all reviews obtained concerning transfers and BOEM's corresponding responses with regards to revisions to transfers can be found in area six.two with the Reaction to Public Feedback.
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The objective of this rulemaking would be to finalize amendments to deal with concerns relating to BOEM's economical assurance plan. This rule finalizes amendments to the existing provisions to better protect the taxpayer from bearing the cost of facility decommissioning and also other money dangers linked to OCS enhancement, for example environmental remediation.
Other commenters asserted that BOEM need to consider the obligations in the predecessors while in the chain-of-title just before trying to get further money assurance from recent lessees, in any other case The end result is requiring “double bonding.” Reaction:
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Much more than a dozen different organizations and firms were being engaged inside the repairs, which were being accomplished in just around six months. Repairing these submarine infrastructure commonly can take a single to two years, Estonia’s Elering reported.
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