greenland oil and mineral strategy

Looking for some positive decisions from the Spring sitting of Greenland Parliament.
In particular - Government investment in infrastructure for the emerging mining industry, so as to encourage investment in new projects,namely GMEL.


Energy & Natural Resources - Greenland

Perspectives on Greenland's new draft oil and mineral strategy

April 14 2014

Introduction
Oil and gas
Minerals
Foundation of GeoSurvey Greenland
Sustainable development and infrastructural conditions.

The Greenland government has presented a new proposal for its revised oil and mineral strategy for 2014 to 2018. The strategy will have a significant impact on the direction that Greenland will take over the next five years, as well as containing concrete suggestions as to the likely focus areas for supporting the development of the mining and oil industries.

The strategy will also affect how attractive it will be for both existing and potential investors to invest in the Greenland mining and oil industries. The strategy is being considered in Parliament at its spring session for 2014, which started on March 18 2014, and will focus on:

oil and gas;
minerals;
taxes;
the foundation of GeoSurvey Greenland; and
sustainable development and infrastructural conditions.