Nicaragua

Law No. 443 on exploration and exploitation of geothermal resources

Legislative

Law

Passed in 2002

This law aims to promote and establish the basic conditions that will regulate the exploration and exploitation activities of the country's geothermal resources for the exclusive generation of electric power. Geothermal resources are recognised in art. 2 as belonging to the national patrimony. Art. 3 sets that the Ministry for Energy and Mines will be in charge of delivering exploration and exploitation permits. The law further defines the regulatory rules for exploration and exploitation.

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