Ms L. Mekwe, Acting CEO, said that oil and gas exploration and production is regulated by the Mineral and Petroleum Resources Development Act (MPRDA). This Act set out terms and conditions of exploration, production rights in respect of matters finding origins in Liquid Fuels Charter such as the Upstream Training Trust, state participation, good practices and standards. The MPRDA seeks to promote economic growth and development through optimal exploration and production, ensuring that production right holders contribute to socio economic development and ensured development in an orderly and ecologically sustainable manner.