This document declares a moratorium all activities that have "the purpose of developing the exploration and exploitation of oil deposits in the continental and marine national territory".
The 2019 amendment extends this moratorium to 2050.
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Decree 36693-MINAET declaring a national moratoria on oil exploitation
Sectors: Energy, Environment
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Decree 36693-MINAET declaring a national moratoria on oil exploitation
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.