- Administration Bill
- No commission in the world seats without supervision;
- Like dormant fields concept – but should be set aside for indigenous companies;
- transparency provisions should be bolstered;
- strategic stocks should not be handled by the Commission.
- Host Community Bill
- should be limited to upstream and downstream;
- host community fund will attract a lot of attention – must not impose an additive burden on the industry;
- contracting opportunities should be made available for indigenes of the host community;
- definitions of host community should be fine-tuned.
- Fiscal Bill
- fiscal operating conditions should be right;
- average returns are currently high;
- want a dual tax regime;
- cost curtailment needs to be embedded in the bill;
- no tax incentives for acquisitions.
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