The TRA yesterday announced that it was looking for consultants to renegotiate all the Mining Development Agreements (MDAs) and Production Sharing Agreements (PSAs) OIL and GAS signed between the government and investors to cushion possible revenue leakages. Under the 2010 mining law, there is a provision for the government to renegotiate with investors on the MDAs and last year, minister for Energy and Minerals Sospeter Muhongo issued a directive to the TPDC to review the PSAs-oil and gas on the basis of setting new modalities of signing those agreements. Who does what between TRA and TPDC- Wanachanganyana but At least TRA are showing concerns
Posted on: Thu, 04 Sep 2014 07:57:37 +0000
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