DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT

Section 16: Periodic review of royalties.(as created by Section 4 of the Deep Offshore and Inland Basin Production Sharing Contract (Amendment) Act, 2019.)

1993Section 16 of 18Federal Republic of Nigeria

The Minister shall cause the corporation to call for a review of production sharing contracts every eight years.

Cite this section

Section 16, DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT (1993).

https://repo.podus.ai/laws/deep-offshore-and-inland-basin-production-sharing-contracts-act/section/16/