VOL. XLIII
No. 04
24-January-2000
MOROCCO
Moroccan Parliament Approves Hydrocarbon Law
The Moroccan parliament on 29 December approved the new hydrocarbon law submitted by the government in October. The new law, designed to attract foreign investment by international oil companies and boost exploration activities, addresses many key issues such as state participation limits, royalty scales and rates, and surface rentals, as well as the pace of amortization, and will allow the government to offer...
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