Comments on the Draft Uganda Petroleum Bill 2010
Article from: OGEL 4 (2010), in Upstream Petroleum Regulation incl. Host Government Contracts
The draft Petroleum (Exploration, Development, Production, and Value Addition) Bill 2010 makes several critical changes to the legal regime, with potentially far-reaching impacts on the Ugandan petroleum sector. The Bill represents an attempt to set the governance conditions for the sector as the country enters a new phase in its petroleum history, with high expectations for the potential impact of oil on the national economy. As is frequently true in countries that have not made significant petroleum discoveries, the larger International Oil Companies (IOCs) were ...