Reference : Production Sharing Agreements and Licences: A Distinction Without a Difference?
Scientific journals : Article
Law, criminology & political science : Multidisciplinary, general & others
Production Sharing Agreements and Licences: A Distinction Without a Difference?
Okoli, Chukwuma mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Law Research Unit >]
International Energy Law Review
[en] Oil and Gas Law ; Production Sharing Agreement and Licences
[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
University of Aberdeen, Scotland, United Kingdom
Researchers ; Professionals ; Students ; General public ; Others

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