Mainstreaming—or the move toward meeting EITI requirements through routine and publicly available company and government reporting, rather than standalone EITI reports—has the potential to significantly improve the timeliness, contextualization and quality of disclosed data.
The authors of this paper examine Tunisia’s upstream petroleum fiscal regime, considering the government’s policy priority of reversing a decade-long decline in reserves and production. They make recommendations for creating a vibrant petroleum industry to support the local economy, reducing the country’s increasing dependence on imports, attracting investment and boosting exploration activity.
The Tanzanian government and a consortium of companies are negotiating the regulatory terms for a game-changing LNG project. In this brief, the authors update a previous analysis of some of the key decisions that will be made in the negotiation and their potential impact on whether the project proceeds and the levels of revenues that it could generate for the government.
There is a reasonable chance that foreign investment in the LNG project will not happen under current conditions. If the project does proceed, the government revenues it generates are unlikely to be transformative.