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Petroleum fiscal systems: 6 things to look for in 2018

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Companies are telling governments that fiscal terms must be competitive to attract their investment in 2018. Governments are responding in different ways, but: • where are terms most likely to change for producing assets? • what terms will be introduced for new DROs in Iran and Iraq? • how much interest will industry show in new revenue-sharing terms? • where will new terms emerge for natural gas projects? • how high will companies bid the Government Share for the most attractive blocks – and how low will governments be prepared to go for the others? • will Capital Gains Tax (CGT) become a formal part of new PSCs in Africa?

Table of contents

  • What to look for in 2018: fiscal disruption
    • Arabian jewels
    • Out with the old and in with the new?
    • Revenue-sharing pioneers
    • Stepping on the gas
    • Work in progress and the licensing lottery
    • Transfer tax in Africa?
  • Conclusions

Tables and charts

This report includes the following images and tables:

  • Appendix 1 - 2018 licensing rounds: awaiting awards and open in January 2018
  • Appendix 2 - 2018 licensing rounds: awaiting formal launch in 2018

What's included

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  • Document

    2018_Licensing Rounds.xlsx

    XLSX 102.52 KB

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    Petroleum fiscal systems: 6 things to look for in 2018

    PDF 809.61 KB