SOME CONSIDERATIONS REGARDING THE LEGAL REGIME OF ROMANIA'S MINERAL RESOURCES Cover Image

UNELE CONSIDERAȚII PRIVIND REGIMUL JURIDIC AL RESURSELOR MINERALE ALE ROMÂNIEI
SOME CONSIDERATIONS REGARDING THE LEGAL REGIME OF ROMANIA'S MINERAL RESOURCES

Author(s): Laura Magdalena Trocan
Subject(s): Constitutional Law, Law on Economics, Commercial Law
Published by: EDITURA ,,ACADEMICA BRÂNCUȘI”
Keywords: resources; royalties; concession agreements; Romanian Constitution; exploration; exploitation;

Summary/Abstract: A global problem of the contemporary world is the provision of resources. The possession of a rich reserves of mineral resources by a state gives it undeniable advantages, because the commercialization of these resources represents an important source of income to the national budget. In Romania, the mineral resources, especially the oil ones, located on the territory and in the subsoil of the country and of the continental plateau, in the economic zone of Romania in the Black Sea are the exclusive object of public property and belong to the Romanian state. autonomous or public institutions or can lease or rent them. The analysis of the activities of exploration and exploitation of Romania's mineral resources, in the last decades, based on the concession agreements concluded in this respect, by reference to the national legislation in the field and to the contractual clauses, highlights the existence of situations susceptible to controversies and interpretations concerns the manner in which the state has been concerned with ensuring the exploitation of natural resources, in accordance with the national interest. In this context, this article presents some considerations regarding the legal regime of Romania's mineral resources in the light of the constitutional provisions and other national regulations incident in the field.

  • Issue Year: 2020
  • Issue No: 4
  • Page Range: 153-160
  • Page Count: 8
  • Language: English, Romanian