Issue: Expert Advice, Resource Center
Organization: Democratic Republic of Sao Tome and Principe
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STP Oil Revenue Law (84kb)
This law regulates the payments, management, use and oversight of oil revenues resulting from oil operations in Soa Tome and Principe, including its terrestrial and maritime areas, including the Exclusive Economic Zone and the Joint Development Zone created by the Treaty. The law establishes the National Oil Account for the management of oil revenues and creates a Petroleum Oversight Commission for oil revenue management auditing, transparency and oversight.
