DOT Reveals New Pipeline Safety Rules

Law360, New York (June 3, 2008, 12:00 AM EDT) -- Addressing several 2006 pipeline failures in Alaska, the U.S. Department of Transportation has passed a final rule that would require operators of hazardous liquid gathering lines in rural areas to comply with safety requirements for dealing with corrosion and third-party damage to their pipelines.

The department's Pipeline and Hazardous Materials Safety Administration released the final rules on May 23. The rules will come into play on July 3, according to the Federal Register.

The rules amend pipeline safety regulations to extend added protection to certain environmentally...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.