Introduction
Today’s column and next week’s will address the first of six broad strategic policy choices or actions that I propose the Authorities satisfy before the mid-2020s. That policy choice is my revisit of earlier recommendations [2018/2020] to establish a National Oil Company, NOC. As stipulated in the Analytical Schema, the list of items to be revisited make up Pillars C and D; namely, 1) an NOC; 2) whether to join OPEC or the OPEC+ cartel; 3) domestic legislation governing Local Content Requirements, LCRs; 4) Policy for Investment in Renewables; and 5) the overarching themes of Governance & Revenue Capture.
