05.07.2009

Term used when the public opposes the construction of what they consider risky infrastructure projects – such as an LNG regasification facility – in their vicinity

Another similar term to NIMBY is BANANA and means Build Absolutely Nothing Anywhere Near Anyone/Anybody

If there are two bumps close to each other and one is connected to the other but nevertheless still separate from it, it can result in a nose play. This means that the nose has three sides closing (not 4) as in a bump which would have 4 slides closing. There is the need to close the 4th side to prove structural closure

Method for demarcating sea boundaries such as sovereign rights in territorial waters or in exclusive economic zones. The Norwegian practice which is regarded as controversial is based on using straight baselines

The spot market for products from refineries clustered around Antwerp, Rotterdam and Amsterdam, called ARA in the oil trade