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Examining local content law and policy in the oil and gas industry,
this book uses Nigeria as a primary case study, comparing its
approach to countries such as Brazil and Norway which have also
adopted local content laws in relation to their gas and oil
industries. In considering various aspects of local content law and
policy as they apply to the oil and gas industry, the book examines
the factors behind the formulation of local content policies by
petroleum producing states, and the various strategies they have
employed to implement them. It analyses arguments against local
content requirements from the perspective of international trade
and investment law, and from liberal market economic theorists, who
argue against its overall usefulness. The book highlights salient
aspects of the oil and gas industry such as regulation, national
oil companies, treatment of minorities, and policy formulation and
implementation.
Examining local content law and policy in the oil and gas industry,
this book uses Nigeria as a primary case study, comparing its
approach to countries such as Brazil and Norway which have also
adopted local content laws in relation to their gas and oil
industries. In considering various aspects of local content law and
policy as they apply to the oil and gas industry, the book examines
the factors behind the formulation of local content policies by
petroleum producing states, and the various strategies they have
employed to implement them. It analyses arguments against local
content requirements from the perspective of international trade
and investment law, and from liberal market economic theorists, who
argue against its overall usefulness. The book highlights salient
aspects of the oil and gas industry such as regulation, national
oil companies, treatment of minorities, and policy formulation and
implementation.
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