Collection Book International Petroleum Fiscal Systems and Production Sharing Contracts
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Production Sharing Contract In One Minute
Amir-Moeini, M. Quarterly Energy Economics Review, 8, 91— Hatami, A. Tehran: Teesa. Dehghani, T.
Johnston, D. This book is a practical guide which aids the understanding of Production Sharing Contracts and related agreements in the international oil and gas industry. The focus of the author is on the practical aspects of petroleum taxation, the fiscal relationship between government and industry, and how these factors drive the decision to engage in petroleum exploration. The author makes a step-by-step and detailed analysis of several issues ranging from nature and rewards in petroleum fiscal systems to general issues of double taxation. Chapter one introduces the book while chapter two examines the issues of economic rent, negotiations and types of fiscal systems. Chapter five similarly considers risk service contracts using examples from Ecuador, Papua New Guinea, Philippines, Tunisia and Columbia. Chapter six focuses on the technical and economic feasibility of a project based on potential risks and rewards.