Impact of 18th Constitutional Amendment on Future of Exploration and Production Industry of Pakistan

by Muhammad Arif

Background:

In Pakistan, natural resources especially mineral oil and natural gas being part of the Federal Legislative List were exclusively owned and regulated by the Federal Government. However, under Article 161 of the Constitution net proceeds of the federal duty of excise on natural gas levied at well-head as well as the royalty collected by the Federal Government, have to be paid to the Province in which ...

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