Petroleum Act.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act provides for the exploration and exploitation of hydrocarbons. The Act defines the following relevant terms: natural gas; associated and non-associated gas; petroleum; petroleum contract; petroleum operations; crude oil; state-owned enterprises. The Act concerns: rights to explore and exploit minerals; authorisation for state-owned enterprises to enter into petroleum agreements to promote the rational development of Suriname's petroleum resources, and to avoid adverse effects on the environment and natural resources; provision of land for state-owned enterprises for their interests; issuance of permits and authorisation; taxes; petroleum contracts.
Attached files
Web site
Long title of text
Act of 6 March 1991 containing further rules regarding the exploration and exploitation of hydrocarbons as it reads after the amendments made thereto by Official Gazette 2001 no. 58.
Notes
Consolidated version as last amended by the Act published in the Official Gazette no. 58 of 2001 of 2 October 2001.
Repealed
No
Serial Imprint
Official Gazette of the Republic of Suriname no. 7 of 1991.
Source language
English
Legislation Amendment
No
Original title
Wet van 6 maart 1991, houdende nadere regels inzake de opsporing en ontginning van koolwaterstoffen ("Petroleumwet 1990") (S.B. 1991 no. 7), gelijk zij luidt na de daarin aangebrachte wijzigingen bij S.B. 2001 no. 58.