28.08.2010

Main fiscal tools in the oil and gas sector are:

1. Royalties
2. Ring fencing
3. Resource rent tax
4. Fees on blocks
5. Bonus bids
6. PSC
7. Cost recovery limit
8. Division of profits on oil and gas production
9. Taxes and environmental bonds and other operational bonds

Gina Cohen
Natural Gas Expert
Phone:
972-54-4203480
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