Petroleum Act, 2016 (No. 2 of 2016). Country/Territory Bahamas Document type Legislation Date 2016 Source FAO, FAOLEX Long titleAn 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