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Geology, Minerals & Hydrocarbons

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The livelihoods and well-being of Pacific Islands are inextricably linked to the optimal and responsible exploitation of ocean, coastal and land-based resources, especially mineral resources. However, management of some "non-traditional" resources such as deep sea minerals and hydrocarbons are in many cases beyond the present capacity of SPC Member states and there is poor awareness of the necessary policy, legislation and environmental, fiscal, taxation management regimes needed to ensure Pacific Island interests and environments are protected.

Developing sustainable aggregate resources has been an important focal area for the Ocean and Islands Programme (OIP) over the years in recognition of the devastating impact of uncontrolled beach mining especially evident in urban atoll settings. In these settings, beach mining has increased as demand for building material has also increased. This example highlights the need for development of not only technically sound alternatives, but alternatives which are economically viable and socially appropriate. OIP will continue to deliver integrated technical solutions which include social and economic considerations.

Last Updated on Wednesday, 05 June 2013 15:00  


Newsflash

Akura Ltd. could begin drilling for gas in Fiji as early as next year, subject to the necessary approvals, according to its Managing Director, Bill Brook.

Mr. Brook made the announcement at the SOPAC/STAR meeting now being held in Nadi.  
SOPAC provides assistance to 19 island countries in the Pacific region through applied geoscience and technology.

Akura is a largely Fiji-owned company that has been given an exclusive 5 year exploration licence to search for oil over a 17,600 square kilometre area from August last year.