Industry

Government assesses changes in hydrocarbon regulations

Seven draft supreme decrees and five ministerial resolutions are being evaluated by the Vice-Ministry of Hydrocarbon Exploration and Exploitation to modify the regulations in the hydrocarbon sector, which have to do with reserved areas, gas use, work units, recognition tasks, payment of royalties and participations, oil patents and incentives for the search for crude oil and natural gas.

Source: La Razón

Categories:Industry