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Senate receives report on PIB from its joint petroleum committee

In what could be seen as the farthest step in reforming the country’s oil and gas sector through legislation in years, the Senate today received the report on the Petroleum Industry Governance Bill from its joint petroleum committee.

The report was laid by the joint committee which consists of members of the committees on petroleum (downstream and upstream) and gas.

The bill has been in the works for over a decade and been redrafted several times but was never passed by the previous assemblies.

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