Oil and Gas (Amendment) Act 2025 (No. 2 of 2025)

3. New Section 1lA. "llA. NATIONAL PETROLEUM AUTHORITY.".

4. Wardens (Amendment of Section 119). No. 'l of 2025. AN ACT entitled Oil and Gas (Amendment) Act 2025, Being an Act to amend the Oil and Gas Act 1998, and for related purposes, MADE by the National Parliament to come into operation in accordance with a notice in the National Gazette by the Head of State, acting with, and in accordance with, the advice of the Minister.

1. INTERPRETATION (AMENDMENT OF SECTION 3). Section 3 of the Principal Act is amended - (a) in Subsection (1), by inserting the following new definitions in their alphabetical order: "Managing Director" means Managing Director of the National Petroleum Authority appointed under Section 31 of the National Petroleum Authority Act 2025; "National Petroleum Authority" means the Authority established under Section 5 of the National Petroleum Authority Act 2025; and (b) by repealing the definition of"Department" and replacing it with the following: "Department" means the National Petroleum Authority;"; and (c) by inserting immediately after Subsection (7), the following new subsection: "(8) Unless the context otherwise requires, all references in this Act to - (a) the Secretary of the Department; and (b) the Director; and (c) the Departmental Head of the Department, shall be read and construed to have effect as a reference to the Managing Director of the National Petroleum Authority; and (d) the Department, shall be read and construed to have effect as a reference to National Petroleum Authority; and (e) an officer or employee of the Department, shall be read and construed to have effect as a reference to a staff or an employee of the National Petroleum Authority who holds a similar position. Oil and Gas (A111e11d111e11t)

2. REPEAL AND REPLACEMENT OF SECTION 11. The Principal Act is amended by repealing Section 11 and replacing it with the following: "11. APPOINTMENT OF DIRECTOR. The Minister shall, by notice in the National Gazette, appoint the Managing Director of National Petroleum Authority to be the Director for the purposes of this Act.".

3. NEW SECTION 11A. The Principal Act is amended by inserting immediately after Section 11, the following new section: "llA. NATIONAL PETROLEUM AUTHORITY. (I) Nothing in Subsection (2) shall be treated as amending, derogating, qualifying or repealing any power or discretion expressly granted by this Act to the Minister in respect of any matter to which this Act applies. (2) Subject to the limitation in Subsection (I), the National Petroleum Authority is to oversee, manage, administer and enforce this Act. (3) To give effect to Subsection (2), the State shall pay to, or deliver to, the National Petroleum Authority, as relevant, all securities held by it, or on its behalf, to the extent that such securities - (a) have not been discharged in accordance with this Act; and (b) have not had deducted from it any amount permitted to be deducted from it in accordance with this Act; and (c) any balance remaining after deduction of any amount pennitted to the holder or the former holder of a tenement under this Act.".

4. WARDENS (AMENDMENT OF SECTION 119). Section 119 of the Principal Act is amended in Subsection (I) by deleting the words "or the public service" in Paragraph (a). -2- • Oil and Gas (Amendment) I hereby certify that the above is a fair print of the Oil and Gas (Amendment) Act 2025 which has been made by the National Parliament. Clerk oft •onal Parliament. 2 8 MAR2U25 I hereby certify that the Oil and Gas (Amendment) Act 2025 was made by the National Parliament on 12 March 2025. 2 8 MAR2025 -3-