Overview of Hydrocarbon Regulation in Niger

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The oil and gas industry in Niger is regulated by the Nigerien Ministry of Energy and Oil, created in September 2011 shortly before the Agadem Oilfield began producing oil.[1]

Niger's constitution, approved in 2010 by a 90 percent margin, includes strong protections for transparency in the oil industry. Article 150 requires the publication of natural resource contracts as well as national resource revenues on a disaggregated, company-by-company basis.[2] The Article stipulates that the contracts and revenues are to be published in the country's official gazette.[3]

As of March 2012, the Nigerien Oil Code 2007 represents the regulatory framework of the industry. Its introduction in 2007 was designed to streamline the process of obtaining exploration, prospecting and production permits.[4]

References

  1. "Niger President reshuffles cabinet, appoints oil minister" Afrique Avenir, retrieved 23 April 2012.
  2. "New Niger Constitution Includes Landmark Transparency Measures" Revenue Watch Institute, retrieved 23 April 2012.
  3. "An Emerging Norm of Contract Transparency" Revenue Watch Institute, retrieved 23 April 2012.
  4. "Le Niger repense son Code pétrolier" Niger Diaspora, retrieved 23 April 2012.