ETAP: Hydrocarbons code
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Hydrocarbons Code

 

The hydrocarbons code has been enacted by the law n 99-93 of august 17- 1999.

A legislative framework that governs :

  • The exploration of liquid and gaseous hydrocarbons.
  • their development, production and transport.

Measures covering among others :

  • Prospecting,
  • Research,
  • Production,
  • Operation,
  • Transport,
  • Marketing,
  • Tax system.

Several chapters :

  • Different types of securities hydrocarbons.
  • Different types of petroleum agreements in force.
  • Oil taxation.
  • Tax incentives to encourage investment in exploration and production of hydrocarbons