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According to the provisions in Article 5 of Law No 2019-03 of 1 February 2019 on the Petroleum Code (the “Petroleum Code” or PC), all petroleum resources belong to the Senegalese people.
The Ministry of Hydrocarbons and the National Petroleum Company (Société des Pétroles du Sénégal – PETROSEN) are the government bodies responsible for the implementation of the Hydrocarbons Policy, in addition to the Institute for the Promotion of the National Sedimentary Basin…