The head of Nigeria’s state oil company expressed confidence that the nation’s long-delayed oil and gas industry reforms will be passed by Parliament.....
The Petroleum Industry Bill, legislation that has been two decades in the making, seeks to overhaul the laws that govern the West African nation’s oil industry, reforming how it’s operated and funded. The legal framework hasn’t kept up with the country’s needs, Mele Kyari, group managing director of the Nigerian National Petroleum Corp., said in a webinar on Monday.
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