“I’m not inventing the wheel here,” he added, “as this is what happens in all other countries that issue licenses for these activities.” “When it comes to licensing the exploration and production of petroleum, this needs to be administered by an authority, and not by the whim of the Minister as is currently the case according to the act,” Sammut said. Despite this, he said that we shouldn’t close the door to this venture, especially in light of the millions Malta is spending on the importation of this resource. Sammut said since 70% of the energy in this country comes from natural gas, we will be dependent on this source for the next 25 or so years. “I want to be clear that I believe that when it comes to finding sources of energy for the country, we should focus on renewable sources and, perhaps, hydrogen too, after tackling the problems that exist with our distribution network,” he said.
#CONTINENTAL SHELF FULL#
PN MP Mark Anthony Sammut was largely in agreement when he said that “the continental shelf is one of the largest resources we have as a country, and we have yet to capitalize on its full potential.” Technology is advancing, and there are different niches being born in economies across the world, which enable Malta to take advantage of the seas which surround us, he concluded. The continental shelf upon which Malta sits can offer many opportunities that have so far been completely overlooked for the simple reason that we’ve always looked to develop the land that we have, rather than the underwater land surrounding the country, Caruana said. The outer continental shelf is a jurisdictional term used to describe those submerged lands that lie seaward of state water boundaries three marine leagues. “Of course, we need to undertake all measures to ensure that this gas doesn’t then find some way of escaping,” he added. Army Corps of Engineers (Mobile District) hereby revises and issues the following Mississippi General Permits (MSGP) for a period of five (5) years. Since carbon is one of the main causes of climate change, this area might also be exploited for "carbon capture and storage." As technology advances in the next years, we will be able to remove carbon dioxide from the atmosphere and store it underground, according to Caruana. the Clean Water Act (), and Section 4(e) of the Outer Continental Shelf Lands Act of 1953 (67 Stat. “It wasn’t the entirety of this region that was explored, but over large swathes, the government’s Continental Shelf Department,” which promotes investment for the exploration of Malta’s natural resources, “has rich information about the geophysical structure below the sea and about certain areas that may contain mineral resources.” “Few realise that Malta’s continental shelf which extends between 12 and 25 miles beyond our borders, amounts to 70,000 square kilometres,” Caruana said.
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