Production Sharing Agreements and Licences: A Distinction Without a Difference?

Reference : Production Sharing Agreements and Licences: A Distinction Without a Difference?


	Document type :	Scientific journals : Article
	Discipline(s) :	Law, criminology & political science : Multidisciplinary, general & others
	To cite this reference:	http://hdl.handle.net/10993/20860

Title :	Production Sharing Agreements and Licences: A Distinction Without a Difference?
Language :	English
Author, co-author :	Okoli, Chukwuma [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Law Research Unit >]
Publication date :	Nov-2012
Journal title :	International Energy Law Review
Peer reviewed :	No
Audience :	International
ISSN :	1757-4404
Keywords :	[en] 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 centres :	University of Aberdeen, Scotland, United Kingdom
Funders :	Self-funded
Target :	Researchers ; Professionals ; Students ; General public ; Others
Permalink :	http://hdl.handle.net/10993/20860

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