Hydrocarbon’s Exploration and Production Contract Template prepared by Olade is disseminated among institutions of the Government of the Dominican Republic

The Hydrocarbon’s Exploration and Production Contract Template created by Olade for the Ministry of Energy and Mines of the Dominican Republic, at the beginning of May, began to be socialized in the institutions of the tax, fiscal and financial administration of the Government of the Dominican Republic.

This contract template was developed in 2017 within the framework of the “Energy Governance Program: Technical Assistance in the Hydrocarbons Sector”, which is funded by Canadian cooperation funds.

The objective of the Program was to provide technical support to its Member Countries in the development of policies and regulatory frameworks in the hydrocarbon sector.

Along with the final product, Olade delivered to the government of the Dominican Republic all the technical and economic annexes necessary to be able to be used in the future rounds of oil block bidding in the country.

With this Contract Template Dominican Republic seeks to strengthen the hydrocarbons sector and attract new investments to the country.

 

Department of Communication

and Institutional Relations

gabriela.jarrin@olade.org

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