Geologists and geophysicists under the aegis of the Nigerian Association of Petroleum Explorationists (NAPE) have asked the Federal Government to review the fiscal terms of Production Sharing Contracts (PSCs) for the mutual benefit of both the government and the operators.
This recommendation was part of the communiqué of NAPE’s pre-conference workshop held recently in Lagos with the theme “Survival Strategies for Petroleum Exploration and Exploitation in a Challenging Environment”
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