Submarine Mineral Resources Development Act. Country/Territory Korea, Republic of Document type Legislation Date 1970 (2013) Source FAO, FAOLEX Subject Energy, Mineral resources, Sea Keyword Natural gas Energy conservation/energy production Concession Registration Mining Continental shelf Exploration Coastal zone management Geographical area Asia, Eastern Asia Abstract This Act contributes to the industrial development by exploiting petroleum, natural gas, etc. from among the natural resources in the sea areas adjacent to the coasts of the Korean Peninsula and its affiliated islands, that are the territory of the Republic of Korea, or in the continental shelves over which the Republic of Korea may extend all of her exercisable rights. Submarine mining is defined in article 2. Full text English Website www.klri.re.kr References - Legislation Implemented by Mining Industry Act. Legislation | Korea, Republic of | 1951 (2012) Keyword: Minerals, Mining, Exploration, Concession, Registration, Internal trade Source: FAO, FAOLEX