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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 Maritime zone Coastal zone management
Geographical area
Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific
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