effects of local content regulation on mning companies

Local Content Policies in the Oil, Gas, and Mining Sector

Local Content Policies in the Oil, Gas, and Mining Sector

Marcelo Mafra Borges de Macedo is Head of Local Content and Specialist in Oil and Gas Regulation of the ANP, Brazilian National Petroleum, Natural gas and Biofuels Agency gov.br Marcelo Mafra is part of the regulation group for the Local Content Certifiion System and responsible for the strategic audit plan for local content

Get price
Understanding: Mozambique local content in the extractive

Understanding: Mozambique local content in the extractive

In an unprecedented initiative, Anadarko Mozambique Area 1 (AMA 1), in partnership with the Ministry of Mining and Energy Resources of Mozambique, held on August 10, 2018, in the city of Pemba, in Cabo Delgado, the "Seminar of Local Opportunities", with the main objective of informing Mozambican companies about business opportunities within the framework of the implementation of the

Get price
Mining Local Content Regulations 2018 VELMA Law

Mining Local Content Regulations 2018 VELMA Law

Also, Regulation 13(2): A contractor, subcontractor, licensee, the Corporation or other allied entity shall achieve the minimum local content levels specified in the First Schedule. For example, ering, cleaning and security (see First Schedule, page 112 Mining – Local Content Regulations 2018).

Get price
Tanzania mining v.5 Millennium Promise

Tanzania mining v.5 Millennium Promise

project examines the detail of the existing legal frameworks for local content in a number of countries. CCSI has conducted a survey of the local content frameworks of a number of countries – identifying the key legislation, regulations, contracts and nonbinding policies and frameworks dealing with local content issues in the mining and

Get price
Vemma Attorneys Mining Local Content Regulations

Vemma Attorneys Mining Local Content Regulations

The Mining Local Content Regulations came into being due to the amendments of the Mining Act Cap 123 of 2010 through the Written Laws (Misc. Amendments) Act, Act No. 7 of 2017 which brought about the local content requirements. The Regulations became effective from 4th April 2018.

Get price
local content Local content

local content Local content

commitment. The local content percentage had a cap and counted only for minor effects. Companies offered their local content commitment for both the exploration phase and the development stage, limited to the cap provided in the bidding. In rounds 5 and 6, minimum commitment percentages were introduced. These varied depending on the

Get price
REVIEW OF NIGERIA''S LOCAL CONTENT LEGISLATION

REVIEW OF NIGERIA''S LOCAL CONTENT LEGISLATION

A Nigeria Content Development and Monitoring Board (the Board ) has been established and vested with the responsibility to implement the provisions of the Act, make procedural guidelines and monitor compliance by operators within the oil industry. Below is a review of the structure of the Local Content Act. The provisions of the Act

Get price
Local Content Ghana Oil CCSI June 2014

Local Content Ghana Oil CCSI June 2014

The review included dedied mining or petroleum sector or specific local content legislation, regulations, policy and contracts. must have 5% equity participation of an Indigenous Ghanaian company. •Local content plan must be submitted with an appliion. Local Content Ghana Oil CCSI June 2014

Get price
Local content and procurement requirements in oil and gas

Local content and procurement requirements in oil and gas

misalignments and contractual mismatch between governments and international companies. This paper examines how local content and procurement requirements have evolved in the MENA region. It provides a comparative analysis and profile of LCRs in MENA countries, in order to determine prevailing preferences and legal risk points.

Get price
SABS INTERNATIONAL TRADE

SABS INTERNATIONAL TRADE

LOCAL CONTENT VERIFICATION. Local content is Government initiative driven by the National Treasury, the dti and the Department of Mineral Resources, aimed at stimulating the manufacturing industry with a view to improving South Africa''s economic performance and increase job creation. This policy is premised on the impact the government and Mining companies

Get price
Local Content Ghana Oil CCSI June 2014

Local Content Ghana Oil CCSI June 2014

The review included dedied mining or petroleum sector or specific local content legislation, regulations, policy and contracts. must have 5% equity participation of an Indigenous Ghanaian company. •Local content plan must be submitted with an appliion. Local Content Ghana Oil CCSI June 2014

Get price
Mining companies turn to local content The Ghana Chamber

Mining companies turn to local content The Ghana Chamber

Although there is no legislation to enforce the use of locally sourced inputs by Ghana''s mining industry, the mining companies themselves are leading efforts to increase local content to the benefit of local enterprise and the wider economy.

Get price
Tanzania mining event to provide clarity on new legislation

Tanzania mining event to provide clarity on new legislation

Jun 14, 2018 · The Mining Regulations of 2018 are now in effect. According to this regulation a contractor, subcontractor, licensee (mining company) or other allied entity shall maintain a bank account with an indigenous Tanzanian bank and transact business through banks in the country. The local content regulation imposes a fine of at least $5 million for

Get price
Legal Update – 17 January 2018 – FB Attorneys

Legal Update – 17 January 2018 – FB Attorneys

Jan 17, 2018 · Legal Update – 17 January 2018. Mining (Local Content) Regulations now operational with a citizen or an indigenous Tanzanian company to deceive the Commission as representing an indigenous Tanzanian company to achieve the local content and is liable on summary conviction to a fine of up to TZS 10B or to a term of imprisonment of not less

Get price
Overview of Local Content Regulatory Frameworks in

Overview of Local Content Regulatory Frameworks in

the effectiveness of regulations, policies, and schemes for monitoring and measuring local content The only missing link that hindered the expected impact of past measures taken to boost local production sectors has been the glaring absence of a well framework for the development of local content in the oil, gas and mining sector. To

Get price
Legal Update – 17 January 2018 – FB Attorneys

Legal Update – 17 January 2018 – FB Attorneys

Jan 17, 2018 · Legal Update – 17 January 2018. Mining (Local Content) Regulations now operational with a citizen or an indigenous Tanzanian company to deceive the Commission as representing an indigenous Tanzanian company to achieve the local content and is liable on summary conviction to a fine of up to TZS 10B or to a term of imprisonment of not less

Get price
Tanzania''s new mining rules impose restrictions on foreign

Tanzania''s new mining rules impose restrictions on foreign

Tanzania''s new mining rules impose restrictions on foreign banks, insurers to the government and local companies. A mining ministry spokesperson said the regulations

Get price
Tanzania''s new mining rules impose restrictions on foreign

Tanzania''s new mining rules impose restrictions on foreign

Tanzania''s new mining rules impose restrictions on foreign banks, insurers to the government and local companies. A mining ministry spokesperson said the regulations came into force in January

Get price
Impact of the amendments to the Mining Local Content

Impact of the amendments to the Mining Local Content

In this month''s Finance Briefing we review the effects of the amendments to the Mining (Local Content) Regulations, 2018 on the operations of commercial banks in Tanzania.

Get price
Is Ghana Ready for More Local Content?

Is Ghana Ready for More Local Content?

Local content requirements in the mining sector of Ghana also have not yielded optimal results (Local Content and Local Participation) Regulations 2013 LI2204→varied •Minerals and Mining Act 2006 (Act 703)→preferential treatment for local suppliers Only one mining company has been able to comply with the IEE

Get price
Public Disclosure Authorized

Public Disclosure Authorized

Metrics for Measuring Local Content in the Workforce 73 Metrics for Measuring Local Content in Supply Chains 78 Measuring Local Content Development 88 Conclusion 89 Notes 90 References 91. Chapter 5 The Design and Implementation of Local Content Policies: Lessons Learned 93. Local Content Policies in a Selected Sample of Countries 95

Get price
Local content and procurement requirements in oil and gas

Local content and procurement requirements in oil and gas

misalignments and contractual mismatch between governments and international companies. This paper examines how local content and procurement requirements have evolved in the MENA region. It provides a comparative analysis and profile of LCRs in MENA countries, in order to determine prevailing preferences and legal risk points.

Get price
LOCAL CONTENT IN THE OIL AND GAS SECTOR IN GHANA* 1

LOCAL CONTENT IN THE OIL AND GAS SECTOR IN GHANA* 1

content denotes the level of involvement of local actors, both natural and artificial, in the oil and gas industry. A related term is local participation, which in the Ghanaian context, is viewed as the level of Ghanaian equity ownership in the oil and gas industry.3 2. The Policy and Legal Frameworks on Local Content

Get price
Local content in the oil, gas and mining sectors

Local content in the oil, gas and mining sectors

Regulatory mechanisms available to ensure that local content provisions are implemented are usually specified in local content legislation and regulations outlining local content requirements. OGM companies can also commit to certain local content requirements under the terms of individual concession or framework agreements. The strength of

Get price
Best Practice for Local Content Development Strategy: The

Best Practice for Local Content Development Strategy: The

Local content policy in Nigeria started in 1971 through the establishment of the National Oil Company (NOC) to promote the indigenisation policy in the oil and gas sector. NOC became Nigerian National Petroleum Corporation (NNPC) in 1977. A serious attempt was, however, made in 2010 with the promulgation of the Nigerian Oil and Gas Development

Get price
Mining Local Content Regulations 2018 VELMA Law

Mining Local Content Regulations 2018 VELMA Law

Also, Regulation 13(2): A contractor, subcontractor, licensee, the Corporation or other allied entity shall achieve the minimum local content levels specified in the First Schedule. For example, ering, cleaning and security (see First Schedule, page 112 Mining – Local Content Regulations 2018).

Get price
Impact Of The Amendments To The Mining Local Content

Impact Of The Amendments To The Mining Local Content

On 8 February 2019, the Mining (Local Content) (Amendment) Regulations, 2019 (the Amendment Regulations) were passed, which amend the Mining (Local Content) Regulations, 2018 (the Regulations). The Amendment Regulations amend the Regulations in a number of ways, but in particular there is one significant change that affects the banking sector.

Get price
Enhancing the benefits of local content: integrating

Enhancing the benefits of local content: integrating

Enhancing the benefits of local content: integrating social and economic impact tion. Finally, the researchers looked at 23 companies in the mining, oil and gas sectors to consider how their supply chain practices can contribute to the so multiplier effects of employees of local businesses

Get price
Sheria na Kanuzi za Madini – The Mining Commission

Sheria na Kanuzi za Madini – The Mining Commission

the mining (mirerani controlled area) regulations 2019_ gn 35 of 2019 written laws miscelleneous act, no.2 2019 final 26th february 2019 mwongozo wa kuhakiki uongezaji thamani_gn no. 60 of 2019 the mining (local content) (amendments) regulations 2019_gn no 139 of 2019 the mining (diamond trading) regulations, 2019 the mining (mineral

Get price
Downloads – The Mining Commission

Downloads – The Mining Commission

april 10, 2019: download: bei za wastani kwa baadhi ya madini yanayozalishwa nchini na kuuzwa katika kipindi cha mwezi aprili, 2019 (indiive average prices for selected minerals produced in tanzania for the period of april, 2019) 1 file(s) 384 downloads

Get price
Mining companies turn to local content The Ghana Chamber

Mining companies turn to local content The Ghana Chamber

Although there is no legislation to enforce the use of locally sourced inputs by Ghana''s mining industry, the mining companies themselves are leading efforts to increase local content to the benefit of local enterprise and the wider economy.

Get price
LOCAL CONTENT IN THE OIL AND GAS SECTOR IN GHANA*

LOCAL CONTENT IN THE OIL AND GAS SECTOR IN GHANA*

content denotes the level of involvement of local actors, both natural and artificial, in the oil and gas industry. A related term is local participation, which in the Ghanaian context, is viewed as the level of Ghanaian equity ownership in the oil and gas industry.3 2. The Policy and Legal Frameworks on Local Content

Get price
SABS INTERNATIONAL TRADE

SABS INTERNATIONAL TRADE

LOCAL CONTENT VERIFICATION. Local content is Government initiative driven by the National Treasury, the dti and the Department of Mineral Resources, aimed at stimulating the manufacturing industry with a view to improving South Africa''s economic performance and increase job creation. This policy is premised on the impact the government and Mining companies spending has on the

Get price
Local Content Policies Intergovernmental Forum

Local Content Policies Intergovernmental Forum

IGF''s Guidance for Governments: Local Content Policies is a stepbystep tool to support policymakers in making decisions when designing local content policies. The aim is to help governments, companies and citizens collaborate to ensure mining provides governments inclusive, genderequitable and sustainable socioeconomic development.

Get price
Legal Update – 17 January 2018 – FB Attorneys

Legal Update – 17 January 2018 – FB Attorneys

Jan 17, 2018 · Legal Update – 17 January 2018. Mining (Local Content) Regulations now operational with a citizen or an indigenous Tanzanian company to deceive the Commission as representing an indigenous Tanzanian company to achieve the local content and is liable on summary conviction to a fine of up to TZS 10B or to a term of imprisonment of not less

Get price
Business Environment Reform Facility

Business Environment Reform Facility

Local Content Policy: What Works, What Doesn''t Work 2 data in order to target its measures to induce sustainable change, and it needs early and open dialogue with the private sector. Local content policy works when it nudges and enables transition from an importintensive equilibrium to a high local content

Get price
Local Content Regulations following amendments to the

Local Content Regulations following amendments to the

Jan 17, 2018 · Local Content Regulations following amendments to the Tanzanian Mining Act, 2010 and prequalifiion of local content in the mining industry. as representing a Tanzanian company

Get price