- Significant improvement on previous bills, but needs to address gas in a way to realise its potential
- Gas should be treated as an enabler rather than a source of tax revenue
- If gas is used properly it has a significant leverage effect on the economy
- Incentives similar to AGFA should be put in place
- Cost efficiency factor should not apply to gas
- Gas royalties should be paid in Naira
- Condensate should be treated as gas
- A clearer definition of upstream, midstream and downstream
- Sample calculation tables should be included in the bill to avoid disputes with the FIRS
- All royalties should be in tranches
- Marginal fields should be specifically protected
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