GOB: Maritime Zone Moratorium Act has been enacted since Dec 2017

Posted: Thursday, January 11, 2018. 9:55 pm CST.

By BBN Staff: The Government of Belize through the Ministry of Economic Development and Petroleum have issued a release informing the general public that the Petroleum Operations (Maritime Zone Moratorium) Act, 2017 has been enacted effective December 29^th, 2017.

According to the release, the Act, which was introduced to the House of Representatives on October 20^th, 2017, received bi-partisan support at the December 8^th sitting of the House of Representatives after which it was referred to the Senate and passed into law.

The Act imposes an indefinite moratorium on the exploration for and exploitation of petroleum and other petroleum operations in the maritime zone of Belize.

The release ends by stating that the Government of Belize has once again demonstrated its commitment to protecting Belize’s natural resources.

Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Belize ~ We offer fully customizable and flexible digital marketing packages. Your content is delivered instantly to thousands of users in Belize and abroad! Contact us at mаrkеtі[email protected]еаkіngbеlіzеnеwѕ.соm or call us at 501-601-0315.

© 2018, BreakingBelizeNews.com. Content is copyrighted and requires written permission for reprinting in online or print media. Theft of content without permission/payment is punishable by law.