South African Govt (ANC scum) South Africa proposes 20% carried interest in oil and gas law
(005320.38-:E-003569.93:N-HO:R-SU:C-30:V)
White Shop: A Handful of Hard Men: The SAS and the Battle for Rhodesia
It is difficult to find another soldiers story to equal Watts in terms of time spent on the field of battle and challenges faced. Even by the lofty standards of the SAS and Special Forces, one has to look far to find anyone who can match his record of resilience and valor in the face of such daunting odds and with resources so paltry.
JOHANNESBURG (Bloomberg) – South Africa published a long-anticipated draft of oil and gas legislation that will give the state a 20% carried interest in exploration and production rights, with the aim of increasing development of the industry.
The policy also calls for at least a 10% participating interest by black partners and the establishment of a Petroleum Agency, according to a draft published Tuesday by the Department of Mineral Resources and Energy in the Government Gazette.
The bill separates rules for the petroleum resources sector from laws that apply to mining exploration. Companies including Royal Dutch Shell Plc have slowed activity in recent years, citing legislative uncertainty. Finalizing the oil law has also become more urgent since Total SA announced the first significant deep-water discovery off the coast of South Africa in February.
South Africa will have a right to a 20% carried interest that “shall not be recoverable at exploration and appraisal stage,” according to the draft. “The holder of a production right shall recover development and production costs from the proceeds generated from production operations as prescribed.”
Interested parties have until Feb. 21 to submit comment on the draft bill.
Video & Audio: BANNED: Jewish Holocaust Lie: How Canadian TV fooled viewers
This is so important. It‘s an example of a holocaust lie. Here is Part 2 of the video: https://historyreviewed.best/index.php/video-banned-jewish-holocaust-lie-how-canadian-tv-fooled-viewers-part-2/
