Exports of Alaskan North Slope Crude Oil; Establishment of License Exception TAPS
bis-export-control · Bureau of Industry and Security · Published 1996-05-31 · Effective 1996-05-28 · 61 FR 27255
Document
Document number
96-13708
Federal Register citation
61 FR 27255
CFR reference
15 CFR 754
Type
Rule
Action
Final rule.
Category
bis-export-control
Sub-agency
Bureau of Industry and Security
Publication date
1996-05-31
Effective date
1996-05-28
Commerce docket
Docket No.960523147-01
Abstract
The Bureau of Export Administration is amending the short supply provisions of the Export Administration Regulations to modify the restrictions on exports of Alaskan North Slope crude oil and establish License Exception TAPS authorizing such exports, with certain conditions. License Exception TAPS is based on: 1) Public Law 104-58, which allows for the export of crude oil transported by pipeline over right-of-way granted pursuant to section 203 of the Trans-Alaska Pipeline Authorization Act (TAPS); 2) the President's April 28, 1996 determination that exports are in the national interest; and 3) the President's direction to the Secretary of Commerce to issue a License Exception with conditions for export of TAPS crude oil.