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Decree-Law No. 7/2014 approving the Statute of the National Petroleum Agency of São Tomé and Príncipe.

Country/Territory
Sao Tome and Principe
Document type
Legislation
Date
2014
Source
FAO, FAOLEX
Original source
Diário da República No. 32.
Subject
Energy, Environment gen.
Keyword
Institution Legal proceedings/administrative proceedings Oil Environmental planning Monitoring Protection of environment Policy/planning
Geographical area
Africa, Central Africa, Least Developed Countries, Small Island Developing States
Entry into force notes
This Decree enters into force immediately.
Abstract

This Decree-Law approves the Statute of the National Petroleum Agency of São Tomé and Príncipe (ANP-STP). The ANP-STP's mission is to regulate, contract and supervise activities that are part of the oil and natural gas industry, in accordance with national legislation and international standards in force and in accordance with the guidelines issued by the National Council of Petroleum. The following are attributions of the ANP-STP: a) Regulate and supervise the activity of exploration, production and transport of oil, gas and derivatives, as well as the preparation of development policies and rules regarding petroleum operations; b) Regulate and control the quality of petroleum products; c) Organize, maintain and consolidate all information and technical data relating to the activities of the oil and gas industry; d) Ensuring technical negotiation, on behalf of the Government, and executing contracts or negotiating instruments whose object is oil and gas operations; e) Cooperate with other bodies and participate in the work of international bodies specialized in their field of activity; f) Carrying out fiscal policy and carrying out the fiscal administration of the State's petroleum sector, through regulation, control and monitoring of the application of fiscal laws; g) Promote the defense of national interests; h) Instruct and apply sanctions in processes of an administrative nature, the competence of which is legally attributed to it; i) Carry out mediation, conciliation and arbitration actions whenever provided for by law or at the request of the parties; j) Maintain regular and daily relations with the Authority of the Joint Exploration Zone; k) Managing social projects and training within the scope of production sharing contracts.

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Repeals

Decree-Law No. 5/2004 instituting the National Oil Agency – ANP-STP.

Legislation | Sao Tome and Principe | 2004

Keyword: Oil, Policy/planning, Institution

Source: FAO, FAOLEX