RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: United Nations to grant OZschwitz an extra 2.5 million square kilometres in land Mon Apr 21, 2008 10:44 pm | |
| THE Federal Government has forecast a "potential bonanza" of oil and gas riches following a decision by the United Nations to grant Australia an extra 2.5 million square kilometres in land - all of it under the sea.
The Resources and Energy Minister, Martin Ferguson, announced yesterday that Australia's jurisdiction over the Continental Shelf in nine areas around the mainland and in the sub-Antarctic had been expanded beyond the existing 200 nautical mile limit.
"I am pleased to announce that Australia, the largest island in the world, has just been dramatically increased in size," Mr Ferguson said.
Although Australia will soon be able to lay claim to the oil, gas and any other deposits under the new territory, it will have no control over the waters above.
Therefore, Mr Ferguson said, Australia would not be able to police shipping, fishing or whaling in the waters above the expanded territory.
LNK |
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CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Re: United Nations to grant OZschwitz an extra 2.5 million square kilometres in land Mon Apr 21, 2008 11:09 pm | |
| Hey UN, ANCAPS want some land mass too...
Now get with the program... |
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