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ANH seeks comments on change to royalty payments for difficult to recover fields

Monday, February 18th, 2013 Category: Regulations & Policy

The National Hydrocarbons Agency seeks comments by Friday, February 22, 2013 on a proposed change to royalty payments for fields where payment in kind is difficult. They call such areas Difficult to Recover Production Fields (CPDR) and rather than payment in kind, operators are to pay in cash based on production and recent average pricing.

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