Louisiana Administrative Code
Title 43 - NATURAL RESOURCES
Part I - Office of the Secretary
Subpart 1 - General
Chapter 9 - Mineral Resources
Subchapter C - Royalty Crude Oil
Section I-933 - Louisiana Refiner Criteria
Universal Citation: LA Admin Code I-933
Current through Register Vol. 50, No. 9, September 20, 2024
A. To be eligible to purchase or process state royalty crude oil an applicant therefore must be certified by the State Mineral Board as a Louisiana refiner.
B. To qualify as a Louisiana refiner, an applicant to purchase or process state royalty crude shall meet all of the following criteria.
1.
Applicant shall be a Louisiana business entity having its principal place of
business in the state of Louisiana. In applying this criterion, principal place
of business shall mean:
a. 51 percent of the
applicant's and all affiliates' total refining capacity is located in
Louisiana; or
b. Louisiana is the
applicant's state of incorporation; or
c. applicant's headquarters or corporate
offices and at least 51 percent of its officers and employees are located in
Louisiana.
2. Applicant
shall have facilities in the state with available capacity for refining or
processing crude oil or condensate into fuel products and/or the capability for
the distillation of methanol or ethanol suitable for blending with gasoline to
produce a motor fuel.
3. Applicant
must have adequate facilities to receive crude oil and own or have contractual
rights to use facilities for storage of royalty crude oil and for storage or
products refined therefrom.
4.
Applicant must be able to:
a. legally
condition the sale of products refined from the state royalty oil upon the
right of the state to exercise a right of first refusal to any such products;
and
b. to give first priority to
Louisiana customers in the usual course of sale of such products.
AUTHORITY NOTE: Promulgated in accordance with R.S. 30:143.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
