This is in consistency with the First Schedule (Section 17) of the Petroleum Revenue Management Act (PRMA), 2011 (Act 815) as amended.
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Petroleum Holding Fund
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Economy and FinanceMining & EnergyNews
US$731.9m recorded from crude oil receipts in half-year of 2022
by Adnan Adamsby Adnan AdamsUS$186.3 million was however secured from corporate tax paid by the oil producing companies including Tullow, Kosmos and Petro Sa and US$992.3 million was obtained from surface rental and interest from …