The Current Status Of International Petroleum Investment: Regulating, Licensing, Taxing and Contracting
Article from: OGEL Archive issue , in Roundup of Articles
Summary
Since there have been institutions of government, economic interest in minerals and technical ability to extract them, there has been mineral legislation and methods of giving permission to miners - by the government ("crown", "nation") or its agencies, by the owner of the land or the owner of subsurface mineral rights - to extract them. Issues which we consider important in today's world - access to land, payment to the owner/sovereign for extraction and depletion of minerals, supervision of operations and safety - both for miners and third parties -, economic contribution of ...