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    Zambia Daily Mail: Govt Warns Non-Compliant Oil, Gas Explorers

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Summary

Zambia's Minister of Energy Christopher Yaluma has warned that oil and gas explorers who have not met reporting requirements will lose their licences next month

by: Erica Mills

Posted in:

Press Notes, Africa

Zambia Daily Mail: Govt Warns Non-Compliant Oil, Gas Explorers

Some companies engaged in exploration of oil and gas that have failed to disclose their detailed findings risk losing their licences, Minister of Mines, Energy and Water Development Christopher Yaluma has warned.

There have been concerns in the industry that most entities are holding on to their licences for speculative purposes and intend to sell them to highest bidders at an appropriate time.

Read the full article HERE.