Sbaba,
Found it. Pasted main bit.
The government says it will ensure oil benefits Senegal. The oil ministry is rewriting its 1998 petroleum code to update tax laws, strengthen the environmental code and add legislation about hiring local workers.
Many oil contracts and company royalty payments have also been made public as Senegal seeks to join the Extractive Industries Transparency Initiative (EITI).
President Sall last month set up a commission to oversee how the new resources will be managed and plans are being discussed to funnel some 30 percent of oil revenues into Senegal's Sovereign Fund for Strategic Investments (FONSIS), the fund's CEO Amadou Hott said.
http://www.reuters.com/article/us-senegal-oil-idUSKBN12Z1GK
SC
Juicier target CNE or FAR, page-153
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