Latest Version of Louisiana Property Protection Bill Grants an Exception to Oil and Gas Investment By Companies Controlled By Countries Deemed a “Foreign Adversary”
The Energy Law
JUNE 30, 2023
However, HB 537 provides an exception for those “adversary” entities who have already been conducting oil and gas operations in the state. The bill ties the definition of “foreign adversaries” to 15 CFR 7.4(a), However, the most recent version of the bill seems to answer these concerns.
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