COMPLIANCE WITH THE PETROLEUM INDUSTRY ACT: IMPENDING DEADLINES

Since the enactment of the Petroleum Industry Act (PIA), players in the Nigerian oil and gas industry have sought to understand the full scope and extent of their obligations under the PIA. While certain obligations under the PIA are routine, others are required to be performed within set timelines from the effective date of the Act. This Newsletter identifies those obligations with impending deadlines and includes a brief commentary to assist lessees and licensees with compliance.

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