Decree-Law No. 4/2006 on the hydrocarbon exploitation policy within the Continental Shelf of the Republic of Guinea-Bissau. Country/Territory Guinea-Bissau Document type Legislation Date 2006 Source FAO, FAOLEX Subject Mineral resources Keyword Oil Research Exploration Policy/planning Concession Continental shelf Geographical area Africa, Least Developed Countries, Small Island Developing States, Western Africa Entry into force notes This Decree-Law enters into force on the day after its publication. Abstract This Decree-Law, consisting of 11 articles, establishes the hydrocarbon exploitation policy within the Maritime Shelf of the Republic of Guinea-Bissau. It creates tender or bid process, as public competition system which will be used for concession of free petroleum deposit blocks, in exclusive negotiation conditions between the National Public Enterprise for oil exploitation PETROGUIN and the authorized company. Full text Portuguese Website www.legis-palop.org References - Legislation Implements Law No. 2/82 on liquid and gas hydrocarbons research and exploitation. Legislation | Guinea-Bissau | 1982 Keyword: Oil, Research, Natural gas, Exploration, Inspection, Offences/penalties Source: FAO, FAOLEX