Tag: local-content

  • Local Content Policies” – A Double-Edged Sword!

    Local Content Policies” – A Double-Edged Sword!

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    One of the constant concerns of policymakers and statesmen, particularly in oil and gas exporting countries, is the maximization of the economic benefits derived from oil and gas extraction. In response to such concerns, the concept of Local Content first emerged in the North Sea oil sector in the 1970s. Today, this concept serves as…