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

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

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

Resource information

Date of publication
August 2012
Resource Language
ISBN / Resource ID
oai:openknowledge.worldbank.org:10986/11671

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.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Khelil, Chakib

Publisher(s)
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