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 :
- 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