Only Exploration Permit Holders can submit an application for and receive the award of a Production or Storage Concession, and then only over the same area of the Exploration Permit and will be done, in any case, through the Ministry of Industry, Tourism and Commerce.
B. GUARANTEE
The guarantee will be determined in function of the investments proposed by the applicant.
C. SURFACE RENTAL FEES
years
€/ha. Per year (*)
1
to
5
1.907752
6
to
10
5.341706
11
to
15
14.117364
16
to
20
17.551318
21
to
25
14.117364
26
to
30
7.249458
During Extensions
5.341706
(*) Amounts as of 2007. These amounts are adjusted annually using the estimated Consumer Price Index for that year.
