Fiscal Systems for Oil : The Government "Take" and Competition for Exploration Investment

• Tác giả: Chakib Khelil
• Ngôn ngữ: eng
• Ký hiệu phân loại: 333.82 Fossil fuels
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 293528
• Chủ đề: 1. CONCESSIONS; 2. INVESTMENTS; 3. PETROLEUM EXPLORATION; 4. PETROLEUM LEGISLATION; 5. PRIVATE ENTERPRISES

Tóm tắt

Exploration for petroleum occurs on the basis of government-granted concessions, leases, or contracts whose terms and conditions are established by law or negotiated case by case. An important part of these arrangements is the fiscal terms and conditions-bonuses, rentals, royalties, and taxes. The author looks at fiscal systems around the world and draws some conclusions about how governments compete for exploration investment.