Oil and Gas Law; Production Sharing Agreement and Licences
Abstract :
[en] Considers possible reasons why some states prefer production sharing agreements (PSAs), some prefer licences and others prefer a combination of the two when developing their oil and gas resources. Outlines key distinctions between the mechanisms and how the choice of approach may be influenced by factors including: (1) whether a state is developed or developing; (2) the duration of the exploration; (3) whether flexibility is required; (4) the investment risk; (5) the degree of regulatory measures involved; and (6) levels of competition
Research center :
University of Aberdeen, Scotland, United Kingdom
Disciplines :
Law, criminology & political science: Multidisciplinary, general & others
Author, co-author :
Okoli, Chukwuma ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Law Research Unit
External co-authors :
no
Language :
English
Title :
Production Sharing Agreements and Licences: A Distinction Without a Difference?
