Nigeria - 2012 - Energy

The Petroleum Industry Bill 2012

Ministry of Energy and Natural Resources, Nigeria

This is a bill for an Act to provide for the establishment of a legal, fiscal and regulatory framework for the Petroleum industry in Nigeria and other related matters. The Act aims to promote a viable and sustainable Petroleum industry in Nigeria by creating a conducive business environment for Petroleum operations, enhancing exploration and exploitation of petroleum resources in Nigeria, and deregulating and liberalizing the Downstream Petroleum sector

Process Flow

National Assembly

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The Petroleum Industry Bill 2012 Current Version

January 2022

This is a bill for an Act to provide for the establishment of a legal, fiscal and regulatory framework for the Petroleum industry in Nigeria and other related matters. The Act aims to promote a viable and sustainable Petroleum industry in Nigeria by creating a conducive business environment for Petroleum operations, enhancing exploration and exploitation of petroleum resources in Nigeria, and deregulating and liberalizing the Downstream Petroleum sector

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