Hydrocarbon law English translation

Question 1.1.9a: Is the government required to publicly disclose all signed licenses/contracts with extractive companies?, 1.3.1b: Is there a requirement for the EIA and/or SIA to be publicly disclosed?, 2.2.4a: Do rules require that an external body periodically audit the transfers of extractive resource revenues to subnational governments?, 1.4.7d: Are there rules that require the SOE or government to publicly disclose information on the sale of production by the SOE?, 1.2a: What is the fiscal system for extractive resources?, 1.1.3d: Is the licensing authority independent from the SOE?, 1.4a: What proportion of equity shares does the government own in extractive companies?, 1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?, 1.1a: How does the country legally define the ownership of subsoil extractive resources?, 1.3.5a: Do rules require the government to set penalties (i.e. fines, license suspension or license revocation) for non-compliance with environmental mitigation management plans?

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Additional Info

Field Value
Assessment Type Oil and Gas
Questions 1.1a: How does the country legally define the ownership of subsoil extractive resources?,
1.1.9a: Is the government required to publicly disclose all signed licenses/contracts with extractive companies?,
1.1.3d: Is the licensing authority independent from the SOE?,
1.2a: What is the fiscal system for extractive resources?,
1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?,
1.3.1b: Is there a requirement for the EIA and/or SIA to be publicly disclosed?,
1.3.5a: Do rules require the government to set penalties (i.e. fines, license suspension or license revocation) for non-compliance with environmental mitigation management plans?,
1.4a: What proportion of equity shares does the government own in extractive companies?,
1.4.7d: Are there rules that require the SOE or government to publicly disclose information on the sale of production by the SOE?,
2.2.4a: Do rules require that an external body periodically audit the transfers of extractive resource revenues to subnational governments?
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Are the questions here tagged with law and/or practice Law
Document Year 2006
Sub-component Licensing
Natural Resource Charter Precept Precept 1: Strategy, Consultation and Institutions, Precept 2: Accountability and Transparency, Precept 3: Exploration and License Allocation, Precept 4: Taxation, Precept 5: Local Effects, Precept 6: Nationally Owned Resource Companies, Precept 7: Revenue Distribution, Precept 9: Government Spending
Country Equatorial Guinea
Source or API link http://www.equatorialoil.com/PDFs%20for%20download/EG%20Hydrocarbons%20Law%20(English%20Translation)_v7.1.pdf
Version 2017 Resource Governance Index
Document Type Statute
Publisher Government of Equatorial Guinea
Author
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute