Section 17 Petroleum Industry Act (PIA) 2021

Section 17 Petroleum Industry Act 2021 Section 17 Petroleum Industry Act 2021 is about Filling of vacancy on the Board of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. A vacancy on the Board of the Commission shall be filled by the appointment of another […]

Section 16 Petroleum Industry Act (PIA) 2021

Section 16 Petroleum Industry Act 2021 Section 16 Petroleum Industry Act 2021 is about Vacancy on the Board of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. A vacancy on the Board of the Commission shall occur, where a commissioner- (a) dies;(b) is removed from […]

Section 15 Petroleum Industry Act (PIA) 2021

Section 15 Petroleum Industry Act 2021 Section 15 Petroleum Industry Act 2021 is about Resignation of a Non-Executive Commissioner. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. A non-executive commissioner may resign his appointment by giving two-month’s written notice to the President.

Section 14 Petroleum Industry Act (PIA) 2021

Section 14 Petroleum Industry Act 2021 Section 14 Petroleum Industry Act 2021 is about Suspension or removal of members of the Board of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. A member of the Board of the Commission may be suspended or removed from […]

Section 13 Petroleum Industry Act (PIA) 2021

Section 13 Petroleum Industry Act 2021 Section 13 Petroleum Industry Act 2021 is about Remuneration and allowances of the Board of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. (1) Commissioners shall be paid from the funds of the Commission such remuneration and allowances as […]

Section 12 Petroleum Industry Act (PIA) 2021

Section 12 Petroleum Industry Act 2021 Section 12 Petroleum Industry Act 2021 is about Functions of the Board of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. The Board of the Commission shall-(a) be responsible for the formulation of policy, supervision and giving strategic direction […]

Section 11 Petroleum Industry Act (PIA) 2021

Section 11 Petroleum Industry Act 2021 Section 11 Petroleum Industry Act 2021 is about Governing Board of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. (1) There is established a Governing Board (in this Act referred to as “the Board of the Commission”) which shall […]

Section 10 Petroleum Industry Act (PIA) 2021

Section 10 Petroleum Industry Act 2021 Section 10 Petroleum Industry Act 2021 is about Powers of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. The Commission shall have power to–(a) enforce the provisions of m1y-(i) regulation made with respect to upstream petroleum operations,(ii) regulations, policies […]

Section 9 Petroleum Industry Act (PIA) 2021

Section 9 Petroleum Industry Act 2021 Section 9 Petroleum Industry Act 2021 is about functions of the Commission for frontier basins. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. (1) The functions of the Commission with respect to frontier basinsshall be to–(a) promote the exploration of the […]

Section 8 Petroleum Industry Act (PIA) 2021

Section 8 Petroleum Industry Act 2021 Section 8 Petroleum Industry Act 2021 is about Commercial regulatory functions of the Commission. It is under Part III (The Commission) of Chapter 1 (Governance and Institutions) of the Act. The commercial regulatory functions of the Commission shall be to-(a) review and approve the commercial aspects of field development […]