Minerals Report - International Seabed Authority
Minerals Report - International Seabed Authority Minerals Report - International Seabed Authority
ids. These comprised five Brazilian companies and thirty-nine international companies that included some of the majors. He said that 21 bids were accepted, suggesting that the Government’s take is not prohibitive. With regard to the Government’s take, Dr. Viera de Macedo also pointed out that part of the bidding process included questions relating to the use of the goods and services of local Brazilian companies. He said that the Government’s take was not what it appeared to be but that rather was an indirect take, meant to help to create linkages with the Brazilian economy. He said that the take from a concession varied according to the stage of development, and that the amount is fixed in the agreement. Another participant was of the view that since the Brazilian economy is being opened up, many of the bidders might have entered the process to position themselves. INTERNATIONAL SEABED AUTHORITY 848
CHAPTER 21 OFFSHORE MINERAL POLICY: THE INDONESIAN EXPERIENCE 1. Legal Basis By: Prof. Dr. Hasjim Djalal (Special Advisor to the Indonesian Minister for Ocean’s Exploration and Fisheries) Article 33 of the 1945 Constitution of Indonesia (which is now in force) stated that: a) The Indonesian economy is organized as a common endeavor based on the principle of commonality (kekeluargaan). The branches of production, which are important for the state and which control the livelihood of the common people, are controlled by the state. b) Land and water (sea) and the natural resources contained therein are controlled by the state and shall be used for the utmost prosperity of the people. The Government Declaration of 13 December 1957 adopted the archipelagic state principles, which was enacted into Law number 4/1960, and stated that the archipelagic waters of Indonesia and the 12-miles territorial sea around them were parts of Indonesian national territory and therefore were placed under the national sovereignty of Indonesia. Consequently, all resources contained in those waters and their seabeds were also appertained to the Republic of Indonesia. Subsequently, law number 44 / 1960 on Oil and Gas mining in the country reflected the new situation. Immediately thereafter, Indonesia also ratified the 1958 Geneva Convention on the Continental Shelf by Law number 19 / 1961. INTERNATIONAL SEABED AUTHORITY 849
- Page 806 and 807: possibility to evaluate the results
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- Page 810 and 811: SUMMARY OF THE PRESENTATION ON THE
- Page 812 and 813: in the Barents Sea there is still a
- Page 814 and 815: period that can last up to ten year
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- Page 818 and 819: designated by the Ministry. She sai
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- Page 822 and 823: operation (PDO) is normally prepare
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- Page 826 and 827: CHAPTER 20 STATUS REPORT ON THE DAT
- Page 828 and 829: All the above-mentioned minerals oc
- Page 830 and 831: e water depths between 400 and 1,00
- Page 832 and 833: As far as the Government is concern
- Page 834 and 835: • Ordinance number 195, of Decemb
- Page 836 and 837: This tax must be paid up to January
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- Page 846 and 847: found offshore Brazil. With regard
- Page 848 and 849: een discovered in the basin, includ
- Page 850 and 851: enhance oil recovery. He said that
- Page 852 and 853: g. Ordinance number 10 that regulat
- Page 854 and 855: He said that the environment has to
- Page 858 and 859: After oil exploration gained moment
- Page 860 and 861: Those who are entitled to the land
- Page 862 and 863: and replaced by the President, and
- Page 864 and 865: (ii) Assure the safety of navigatio
- Page 866 and 867: explorations may continue concurren
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- Page 870 and 871: The contractor will recover all ope
- Page 872 and 873: of US dollar... (negotiable) within
- Page 874 and 875: Processing of products is subject t
- Page 876 and 877: are more than 30 articles in the va
- Page 878 and 879: SUMMARY OF THE PRESENTATION AND DIS
- Page 880 and 881: Ambassador Djalal informed particip
- Page 882 and 883: production-sharing contracts became
- Page 884 and 885: said that the remainder of the prod
- Page 886 and 887: and cooperation with Pertamina and
- Page 888 and 889: A participant wanted to know whethe
- Page 890 and 891: of CCOP/SOPAC was to promote and de
- Page 892 and 893: STAR was founded in 1985 in collabo
- Page 894 and 895: Since 1972, SOPAC has, on behalf of
- Page 896 and 897: France Seapso 1985-1986 Cook Is, Fi
- Page 898 and 899: polymetallic massive sulphides. The
- Page 900 and 901: crusts have also been found in area
- Page 902 and 903: Figure 2: Location Map of Known Pol
- Page 904 and 905: is currently no regional agency tas
ids. These comprised five Brazilian companies and thirty-nine international<br />
companies that included some of the majors. He said that 21 bids were<br />
accepted, suggesting that the Government’s take is not prohibitive. With<br />
regard to the Government’s take, Dr. Viera de Macedo also pointed out that<br />
part of the bidding process included questions relating to the use of the goods<br />
and services of local Brazilian companies. He said that the Government’s take<br />
was not what it appeared to be but that rather was an indirect take, meant to<br />
help to create linkages with the Brazilian economy. He said that the take from<br />
a concession varied according to the stage of development, and that the<br />
amount is fixed in the agreement. Another participant was of the view that<br />
since the Brazilian economy is being opened up, many of the bidders might<br />
have entered the process to position themselves.<br />
INTERNATIONAL SEABED AUTHORITY 848
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