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Development Trusts Shift Oil Asset Security Burden on Host Communities

International Oil Companies are implementing host community development trusts in compliance with the Petroleum Industry Act, thus shifting the burden of security oil pipelines to the communities. The development is critical and has serious implications because the costs of disruption of petroleum operations attributable to actions of the host community are deductible from the settlor’s
read more Development Trusts Shift Oil Asset Security Burden on Host CommunitiesBusinessday NGRead More

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