National content policies have been identified to be weak in developing countries. This is attributed to several factors such as the misalignment of policies, and hefty involvement of the political elite in the oil and gas industry. This chapter uses the answers the research questions developed in this book. It should further be noted that the main aim of developing and implementing local content policies is to crack the enclave nature of the oil and gas industry. The enclave of the oil and gas industry is not static; it changes based on economics, oil and gas demands as well as technological advancement. Though in the 1970s national content policies were implemented to integrate the local population into the oil and gas value chain, in 2020 and beyond the local content policies should develop skills, technology and R&D facilities that can avoid stranded assets in developing countries due to the energy transition. The need for certain minerals with the diminishing demand for oil and gas resources should all be addressed in a local content policy. Hence, though the enclavism of the oil and gas industry (extractive industry) evolves, the local content policy design should evolve as well for the local population to gain from the natural resources.
Regional Content and Beyond