Less than three weeks after its issue, the Minister of Energy and Mineral Resources has revoked Regulation No. 42 of 2017 on Supervision of Business Activities in the Energy and Natural Resources Sector and replaced it with Regulation 48 of 2017. This rapid change appears to be a direct response to the reaction of various market participants and the President's office. Reg. 48/2017 unwinds some (but not all) of the more controversial requirements and restrictions promulgated under Reg. 42/2017.
Please see full publication below for more information.