By Silvana Tordo

Many governments depend upon oil businesses to successfully make the most common assets. Governments have the difficult job of identifying which businesses could be presented particular rights to discover, advance, and bring their petroleum assets, and on what stipulations such rights might be presented. This paper analyzes the on hand proof at the benefits and drawbacks of assorted structures utilized by petroleum-producing international locations to allocate petroleum exploration, improvement, and creation rights, and considers the coverage implications of every process. The event of six petroleum-producing international locations is gifted intimately, and diverse different examples are supplied to derive classes of wider applicability. The paper offers a variety of conclusions for coverage makers concerning the optimum layout of allocation platforms.

Show description

Read Online or Download Petroleum Exploration and Production Rights: Allocation Strategies and Design Issues (World Bank Working Papers) PDF

Similar Oil Energy books

Analytical Methods for Energy Diversity and Security: Portfolio Optimization in the Energy Sector: A Tribute to the work of Dr. Shimon Awerbuch (Elsevier Global Energy Policy and Economics Series)

This can be an awesome quantity for execs in academia, and executive attracted to the quickly evolving zone on the nexus among power and weather swap coverage. The state-of-the-art foreign contributions let for a large assurance of the subject. strength variety and safety specializes in the honor of economic possibility within the strength zone.


China’s swift monetary enlargement increases questions internally and externally approximately the way it will gather the power it must maintain progress. presently it's the biggest manufacturer and buyer of coal; how a lot will it proceed to depend upon its ample common source within the face of accelerating environmental matters?

The Quest: Energy, Security, and the Remaking of the Modern World

A grasp storyteller in addition to a number one strength specialist, Daniel Yergin keeps the riveting tale started in his Pulitzer Prize–winning booklet, The Prize. within the Quest, Yergin indicates us how power is an engine of world political and monetary switch and clash, in a narrative that spans the energies on which our civilization has been equipped and the hot energies which are competing to exchange them.

Network Industries and Social Welfare: The Experiment that Reshuffled European Utilities

A dramatic switch of possession, legislation, and organization of crucial public prone, resembling electrical energy, fuel, and telecommunications, has taken position in Europe in lower than two decades. This was once no longer the result of spontaneous model, yet a completely top-down coverage scan, usually conceived in London in the course of Mrs.

Extra info for Petroleum Exploration and Production Rights: Allocation Strategies and Design Issues (World Bank Working Papers)

Show sample text content

Rated 4.35 of 5 – based on 42 votes