Art. 121. Exploitation of a geographical area for the purpose of extracting oil or gas or coal or other solid fuels

1. The provisions in this Code shall apply to activities relating to the exploitation of a geographical area for the purpose of:

a) extracting oil or gas;

b) exploring for, or extracting, coal or other solid fuels.

2. Activities related to the exploitation of a geographical area, for the purpose of oil and natural gas exploration, as well as oil production, as activities directly exposed to competition in freely accessible markets, are excluded.