6-43 Resolution 785/2005 - Hydrocarbons

Summary

This resolution establishes guidelines for the exploration and exploitation of hydrocarbon resources in the country. It sets out requirements for obtaining exploration and exploitation permits, including provisions for environmental impact assessments and the development of contingency plans to manage potential environmental risks. The resolution also establishes rules for the allocation of hydrocarbon resources and the distribution of revenues from their exploitation. The aim of the resolution is to promote the sustainable development of Argentina's hydrocarbon resources while also ensuring that environmental risks are adequately managed and the benefits of their exploitation are shared fairly.

Thumbnail image for This resolution establishes guidelines for the exploration and exploitation of hydrocarbon resources in the country. It sets out requirements for obtaining exploration and exploitation permits, including provisions for environmental impact assessments and the development of contingency plans to manage potential environmental risks. The resolution also establishes rules for the allocation of hydrocarbon resources and the distribution of revenues from their exploitation. The aim of the resolution is to promote the sustainable development of Argentina's hydrocarbon resources while also ensuring that environmental risks are adequately managed and the benefits of their exploitation are shared fairly.

Issuer

Argentina

Year

2005

Region

South America

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Mandatory

Main industries targeted

Arts, Entertainment, & Recreation
Administrative, Support, Waste Management
Mining, Quarrying, Oil & Gas Extraction
Manufacturing

Restrictiveness

Low

Sustainable Development Goals (SDGs)

SDG 3: Good Health and Well-being
SDG 7: Affordable and Clean Energy
SDG 11: Sustainable Cities and Communities
SDG 13: Climate Action
SDG 14: Life Below Water