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Petroleum Mining Act (Chap. 44).

Country/Territory
Brunei Darussalam
Document type
Legislation
Date
1963 (2002)
Source
FAO, FAOLEX
Long title
An Act to amend and consolidate the law relating to exploration, prospecting and mining for petroleum.
Subject
Mineral resources
Keyword
Oil Contract/agreement Exploration Mining
Geographical area
Asia, Asia and the Pacific, South-Eastern Asia
Abstract

This Act regulates the exploration, prospecting and mining for petroleum. The entire ownership of any petroleum extracted from any State Land shall vest in the holder of mineral rights (sect. 2). Section 3 provides for restrictions on prospecting for, or mining of petroleum. The Government may invite persons to bid for a petroleum mining Agreement in respect of any Onshore State Land or Offshore State Land (sect. 4). Sections 8 and 10 deal with matters related to areas and forms of agreement, and grants of more than one agreement.

Full text
English
Website
www.agc.gov.bn