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Petroleum Act, 2016 (No. 2 of 2016).

Country/Territory
Bahamas
Document type
Legislation
Date
2016
Source
FAO, FAOLEX
Long title
An Act to provide for the exploration and production of petroleum and for matters incidental thereto.
Subject
Environment gen., Mineral resources
Keyword
Pollution control Marine area Liability/compensation Hazards Basic legislation Mining Oil Exploration Authorization/permit
Geographical area
Americas, Caribbean, Latin America and the Caribbean, North Atlantic, Small Island Developing States
Abstract

This Act provides with respect to exploration and production of petroleum resources on land or in any submarine area of The Bahamas and other petroleum operations. It also concerns related matters such as the protection of the environment. The Minister responsible for petroleum shall be the principal authority for purposes of this Act and shall have ample powers for purposes of administration of this Act. The Minister may enter into agreements or issue permits, licences or leases for petroleum operations ("instruments"). If a discovery extends over the maritime boundary of The Bahamas into the territory of another country the Minister shall be notified in writing within seven days and no further activity shall be carried out without the prior approval of the Minister. In such case, the Minister shall in consultation with the relevant authorities take such steps as considered fit.

Full text
English
Website
laws.bahamas.gov.bs

References - Legislation

Repeals

Petroleum Act (Cap. 219).

Legislation | Bahamas | 1971 (1982)

Keyword: Mining, Oil, Exploration, Pollution control, Servitude, Authorization/permit

Source: FAO, FAOLEX

Implemented by

Petroleum (Offshore Environmental Protection and Pollution Control) Regulations, 2016 (S.I. No. 39 of 2016).

Legislation | Bahamas | 2016

Keyword: Pollution control, EIA, Liability/compensation, Hazards, Marine pollution, Oil pollution, Environmental planning, Policy/planning, Mining, Oil, Exploration, Authorization/permit, Protection of habitats, Marine area

Source: FAO, FAOLEX

Petroleum Regulations, 2016 (S.I. No. 37 of 2016).

Legislation | Bahamas | 2016

Keyword: Pollution control, Ecosystem preservation, Marine pollution, Mining, Oil, Exploration, Authorization/permit

Source: FAO, FAOLEX