Law No. 2019-03 on the Petroleum Code
The Petroleum Code sets the state-owned enterprise Petrosen to be in charge of the research, exploitation and management of all industrial and commercial activities in the field of hydrocarbons. The company can use association permits and contracts with private actors to exploit specific fields.
The Petroleum Code stipulates that production sharing contracts must include a clause specifying the obligation to conduct an environmental and social impact assessment. It also specifies that petroleum operations must be conducted in accordance with the Environmental Code and that operators must take the necessary measures to prevent and combat environmental pollution. Furthermore, the Petroleum Code stipulates that at the end of field production, the operator must carry out decommissioning operations to protect the environment.
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