Oil and Gas Governance

Progress Status
Not Started
Campaign Promise
Detail Activities
  • Design a more appropriate petroleum policy taking account of the national context in the expectation of achieving rapid results and better practice, allowing incremental improvements to governance
  • Review policies and laws on oil and gas to be guided by a clear vision for the development of the country and a strategic view of how the petroleum sector will deliver that vision
  • Invest in geological data acquisition and strengthen pre-qualification criteria and ensure transparency to attract the best oil and gas companies
  • Simplify both negotiations and tax structures to mitigate knowledge asymmetries with oil companies in order to reap early revenues and maximize long-term national benefits
  • Government and the oil sector will engage and share information with concerned communities to manage local expectations regarding the sector and build trust
  • Government will build capabilities for the meaningful participation of national organizations in oil and gas resource development
  • Government will enforce the implementation of local content laws by working with oil companies to increase the participation of Sierra Leoneans and their competent businesses in the oil sector
Data Sources