Class 0620 - Extraction of natural gas
PSIC Class 0620 covers Extraction of natural gas. Current child subclasses include Extraction of Natural Gas. This four-digit layer is useful when comparing neighboring activities before landing on the five-digit...
Child codes
These are the next codes most users should open after this hub page.
Practical summary
Class 0620 sits in the PSIC 2019 hierarchy under B Mining and Quarrying > 06 Extraction of Crude Petroleum and Natural Gas > 062 Extraction of natural gas. This class usually fans out into more specific subclasses such as Extraction of Natural Gas. It is the level people use when they already know the activity family but still need the exact five-digit match.
Where this code is used
This class is used when a business can already narrow the activity family and only needs to compare the final subclasses such as Extraction of Natural Gas. It is the level most often checked before a five-digit decision is finalized.
How to choose it
Use this class to choose between its final subclasses such as Extraction of Natural Gas. If two options look close, compare the exact activity, the outputs and the way the business actually earns revenue.
Official note
Source-backed description
This class includes: Production of crude gaseous hydrocarbon (natural gas) Extraction of condensates Draining and separation of liquid hydrocarbon fractions Gas desulphurization This class also includes mining of hydrocarbon liquids, obtained through liquefaction or pyrolysis. This class excludes: Support activities for oil and gas extraction, see 0910; Oil and gas exploration, see 0910; Manufacture of refined petroleum products, see 1920; Recovery of liquified petroelum gases in the refining of petroleum, see 1920; Manufacture of industrial gases, see 2011; Operation of pipelines, see 4930.
FAQ
What does PSIC Class 0620 cover?
PSIC Class 0620 is the four-digit layer that sits just above the final subclasses and usually defines the activity family for Extraction of natural gas.
How do I compare Class 0620 with the sibling classes?
Read the neighboring classes and compare the exact wording of the child subclasses. Nearby options include nearby sibling codes.
Why does Class 0620 matter for a filing decision?
It is usually the last broad checkpoint before the five-digit subclass choice, so it is the right place to catch near-miss classifications.