Government relations worsen in African upstream

摘要

Government relations and taxation have shot up the list of top challenges in the African oil and gas industry, according to a new report. PwC's Africa Oil & Gas Review 2016 compares companies' views on difficulties in working in the region to previous years. It found that the top challenges identified by organisations have remained unchanged to those in previous years - uncertainty in regulatory frameworks, corruption/ethics, poor physical infrastructure and a lack of skill resources. Regulatory uncertainty has remained the top challenge facing oil & gas businesses in Africa for the third year in a row, with 70% of organisations citing it as one of the five biggest issues they experience.