Energy and Resources Minister Dustin Duncan announced The Pipelines Amendment Act on Monday afternoon in the Legislature.
The move to enhance and reinforce the regulatory oversight of the oil and gas sector comes after the Husky Energy oil spill into the North Saskatchewan River in July, 2016.
“This updated legislation also serves to address the Provincial Auditor’s previous recommendations with respect to our work with this industry,” said Duncan.
The new legislation will create new inspection, investigation and compliance audit powers for ministry staff, update and modernize penalty provisions and provide requirements for financial assurance from operators for pipelines in high-risk locations.
The amendment will also set up new obligations associated with environmental issues that might occur following pipeline abandonment.
“It will also address relevant public concerns regarding Saskatchewan’s pipeline system by updating current requirements,” said Duncan.
The changes introduced are an interim step to pipeline regulations. The ministry is working on its own investigation into the Husky Oil spill and will make more changes if needed once the report is finished.
The report is expected to be complete in early 2017.