This briefing considers the likely future of the oil price; its impact on currently operating projects, undeveloped projects, and those that are yet to be discovered; government approaches to oil and gas taxes; and the advisability of a “race to the bottom” whereby governments make concessions to attract or retain oil and gas investors.
Este informe considera el futuro del precio del petróleo, el enfoque gubernamental respecto a los impuestos al petróleo y al gas, así como la posibilidad de una “carrera hacia el fondo” si los gobiernos otorgan concesiones para atraer o retener a los inversionistas.
Over the last decade, LNG prices in the three main markets of North America, Western Europe and East Asia have diverged significantly at times. This briefing presents two case studies of developing countries that have faced challenges in securing public revenue from their natural gas industries.
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.
This briefing explains why the Mongolian government should publish natural resource contracts, describes the different contracts that exist in Mongolia’s extractive sector that should be disclosed, and suggests a path for making natural resource contract transparency a reality.