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MRPDA Amendment Bill: Key Amendments for the South African Oil and Gas Industry
LAGOS (Capital Markets in Africa) – The principal South African upstream oil and gas legislation, the Mineral and Petroleum Resources Development Act, 28 of 2002 (MPRDA), has been in flux since 2013 when the first draft the Mineral and Petroleum Resources Development Amendment Bill, 15 of 2015 (the Bill) was published. On 16 December 2015, following the Bill’s passage through the South African National Assembly (the lower house of Parliament), the President exercised the power…
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