Act No. 5686 on Geothermal Resources And Mineral Waters

Passed in 2007
In order to increase the production and consumption of geothermal energy 10-fold, the Act was passed as a specific act to this renewable source in addition to the Act on Renewable Energy (see flagship legislation).
 The Act outlines the procedure, elements and sanctions for issuing transferring and revoking operation licences, auditing the actions of firms while safeguarding resource and the environment. The Act also regulates natural gas that is produced during the process of geothermal production.
 The Act sets forth the rules and principles for rightful ownership of the resources, during the exploration and operational periods of the geothermal and natural mineral water resources that are/will be specified along with gases with geothermal origins, their turnover, abandonment, bid tendering and terminating the use of resources and protection and extraction of resources.

from the Grantham Research Institute
from the Grantham Research Institute
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