DR Congo: New hydrocarbons law published
Issue 308
- 25 Sep 2015
| 2 minute read
The government has published its long-awaited hydrocarbons law N° 15/012, setting out a simpler legal framework for the upstream oil and gas sector. No new licences have been awarded since 2010 while the new law was being drafted, and the process has been held up by disagreement between the national assembly and the senate. Under the new law, published on 1 August, exploration contracts are to be awarded through a tender process on the basis of technical and financial criteria established by the cabinet.
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