Shyam Nokta

Designation: Local Content Sub Committee

Terms of Reference

Local Content Sub-Committee

Purpose: The Local Content Sub-Committee is tasked with making recommendations to the

government on adjusting legislation and addressing issues faced by local companies in the oil and gas sector.

Objectives

1. Advocate for local content legislation that benefits local companies.

2. Address and resolve challenges faced by local businesses in the oil and gas industry.

3. Promote the development and participation of local companies in the oil and gas sector.

4. Ensure alignment of local content policies with international best practices.

Responsibilities

1. Legislative Recommendations:

Review existing local content legislation and policies.

Develop and propose amendments to enhance local business participation in the oil

and gas sector.

2. Issue Resolution:

Identify challenges and barriers faced by local companies.

Work with relevant stakeholders to address and resolve these issues.

3. Policy Alignment:

Ensure local content policies are in line with international standards and best practices.

Monitor and evaluate the impact of local content policies.