- 20 Marks
OGMT – Aug 2020 – L1 – Q1 – Petroleum Holding Fund
Explain the Petroleum Holding Fund and its disbursement process.
Question
(a). Write short notes on Petroleum Holding Fund (PHF) and how funds are disbursed from the PHF.
(b). The petroleum industry has three different but related operations and/or activities. Mention the three operations and explain the activities involved in each operation.
Find Related Questions by Tags, levels, etc.
- Tags: Downstream, Exploration, Midstream, Petroleum Operations, Production, Upstream
- Level: Level 1
- Topic: Gas & Other Minerals Taxation
- Series: AUGUST 2020
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