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Choose an Oil and Gas producing country and expose the legal regime applicable to the Oil and
Gas industry in the chosen jurisdiction (notably the legal framework including the contractual
framework, the regulatory body, the remuneration system, the environmental aspects, etc.). What
problems is the State facing because of the choice of its legal regime? What are the advantages
and disadvantages of using this regime and what alternatives would you suggest?

Kindly include proper referencing.

Good luck!