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U.S. lifts moratorium on deepwater oil drilling in Gulf of Mexico

Other News Materials 13 October 2010 03:31 (UTC +04:00)
The U.S. government on Tuesday lifted a six-month moratorium on deepwater oil drilling in the Gulf of Mexico that was imposed after the BP oil spill, Xinhua reported.
U.S. lifts moratorium on deepwater oil drilling in Gulf of Mexico

The U.S. government on Tuesday lifted a six-month moratorium on deepwater oil drilling in the Gulf of Mexico that was imposed after the BP oil spill, Xinhua reported.

Interior Secretary Ken Salazar told a news teleconference that new rules imposed after the BP spill have strengthened safety measures and reduced the risk of another catastrophic blowout, and the government have decided it is appropriate to lift the suspension on deepwater drilling for those operators that are able to clear the higher bar that the government have set for safety.

"The oil and gas industry will be operating under tighter rules, stronger oversight, and in a regulatory environment that will remain dynamic as we continue to build on the reforms we have already implemented," he said.

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