The exorbitant cost of petroleum exploration is likely to exclude black participants unless the Upstream Petroleum Resources Development Bill is amended to allow them a “carried interest”, an industry body said on Friday.
A carried interest frees its holder from bearing the upfront costs of exploration and production that are borne by the holder of the petroleum right. The holder of the carried interest will only contribute to the costs once revenue from production begins to flow...
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
No blacks supplying the lucrative Eskom diesel contracts?
Legislate the inclusion.. recipe for disaster. Grow on merit and drop the crap.