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{
    "id": 592956,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/592956/?format=api",
    "text_counter": 499,
    "type": "speech",
    "speaker_name": "Hon. (Dr.) Shaban",
    "speaker_title": "",
    "speaker": {
        "id": 139,
        "legal_name": "Naomi Namsi Shaban",
        "slug": "naomi-shaban"
    },
    "content": "Hon. Temporary Deputy Speaker, I beg to move that the Petroleum (Exploration, Development and Production) Bill (National Assembly Bill No. 44 of 2015) be now read a Second Time. This is a Bill of great importance given all the activity in the oil and gas sector in Kenya over the past decade. Oil and gas discoveries continue to be made and the prospects for the sector are very bright. It is for this reason that we must, as a nation, update the legal framework. It is for this reason that the Government brings to the Floor of this august House the Petroleum (Exploration, Development and Production) Bill (National Assembly Bill No. 44 of 2015). This Bill will be invaluable in moving the oil and gas sector to the next level as we seek to explore it and benefit from this nature of resources. This Bill has been prepared pursuant to Article 69 of the Constitution of Kenya, which deals with the State’s obligations in respect of natural resources, especially their sustainable exploitation, utilisation, management and conservation, and the equitable sharing of their benefits. The Bill shall also repeal the Petroleum Exploration and Production Act, Cap 308 of the Laws of Kenya. This Bill seeks to provide a robust framework for the contracting, exploration and development of petroleum as well as the production of petroleum discovered within licensed petroleum exploration blocks. The Bill also provides a framework for the safe cessation of upstream petroleum operations. Part I of this Bill deals with standard preliminary issues such as definition of terms as used in this Bill, commencement, application and supremacy of the Bill on matters relating to upstream petroleum operations. Part II deals with the national upstream petroleum policy and plan. This part entrenches policy-making and implementation by way of master plans in law, so that obligations are placed and timelines determined to ensure that the same are done on time. This part also places obligations on the national Government to create a conducive environment for upstream petroleum investments while ensuring that the investments are carried out for the equitable benefit of the people of Kenya. This is very important for our nation, more so in petroleum issues because we have seen it in other countries, where people have not benefited and have suffered because of confusion in the upstream explorations. Part III deals with petroleum institutions, their powers and functions. The petroleum institutions include the Cabinet Secretary (CS), the National Upstream Petroleum Advisory Committee and the Upstream Petroleum Regulatory Authority."
}