A Review Of The Legal Framework On Production Sharing Agreements In The Oil And Gas Industry The Ugandan Case Study

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A Review of the Legal Framework on Production Sharing Agreements in the Oil and Gas Industry. The Ugandan Case Study

Author : Kefah Tumusiime
Publisher : GRIN Verlag
ISBN 13 : 334638540X
Total Pages : 55 pages
Book Rating : 4.3/5 (463 download)

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Book Synopsis A Review of the Legal Framework on Production Sharing Agreements in the Oil and Gas Industry. The Ugandan Case Study by : Kefah Tumusiime

Download or read book A Review of the Legal Framework on Production Sharing Agreements in the Oil and Gas Industry. The Ugandan Case Study written by Kefah Tumusiime and published by GRIN Verlag. This book was released on 2021-04-13 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2021 in the subject Law - Civil / Private, Trade, Anti Trust Law, Business Law, , language: English, abstract: This research paper analyses the existing laws and regulatory frameworks in the oil and gas sector with a particular focus on Uganda’s oil and gas industry. This research analyses the background of the country’s oil and gas industry with specific reference to the adaptation of the Production sharing agreement (PSA) model in as far as oil and gas contracts are concerned. The research commences by undertaking an in depth analysis of the basic laws, regulatory, policy and institutional frameworks concerning the management and administration of the oil and gas sector. The research then focuses on the legal framework on the PSA model pertaining to the ownership of the resources, the issuing of licenses and concessions, in as well as efforts undertaken to safeguard the effects of signing PSAs on aspects of environmental protection. This research is also designed to critically analyse the weaknesses and strengths of the current legal regime as well as identifying the gaps in laws relating to the applicability of PSAs and measures being taken to tackle such gaps in the regulatory framework of the country and exploring the ways in which aspects of transparency and effective management of the oil and gas industry are concerned. The research paper also discusses if other factors such as the different stakeholders like media houses, civil societies, Non-governmental organisations and International Oil and gas companies have a had a role to play in influencing the PSA model as the most appropriate choice of the Ugandan oil and gas contracts. Conclusively the research puts forward recommendations regarding how the gaps in the legal framework on the PSA model should integrate or regulate the identifiable influences of other stakeholders in Uganda’s oil and gas industry.

Production Sharing Agreements

Author :
Publisher :
ISBN 13 : 9781787426870
Total Pages : 245 pages
Book Rating : 4.4/5 (268 download)

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Book Synopsis Production Sharing Agreements by :

Download or read book Production Sharing Agreements written by and published by . This book was released on 2022-01-15 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Production Sharing Agreement (PSA) is the most widely used host government contract in the oil and gas industry, and is becoming the leading choice for most countries in their relationship with International Oil Companies (IOCs). However, there are many jurisdictional variations, and being aware of and understanding these is crucial for oil and gas practitioners working in this space.This title is the first comparative treatment of this topic and provides a comprehensive, in-depth overview of Production Sharing Agreements in key oil and gas jurisdictions around the world. It offers a rich, critical analysis and evaluation, and features contributions from an international group of leading experts and academics who address the legal, economic and political aspects of PSAs. It also provides guidance on key recent developments by looking at jurisdictions' overall regulatory framework and their relationship with the PSA.This edition covers jurisdictions worldwide, including: -Brazil;-Indonesia;-Kazakhstan;-Nigeria; and-RussiaProduction Sharing Agreements: A Global Legal Handbook will be of interest to practitioners, academics and anyone who is involved in these contracts. It provides readers with a clear understanding of PSAs in different jurisdictions, and a variety of practical recommendations and takeaways.

Production-sharing Agreements

Author : Kirsten Bindemann
Publisher :
ISBN 13 : 9781901795158
Total Pages : 93 pages
Book Rating : 4.7/5 (951 download)

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Book Synopsis Production-sharing Agreements by : Kirsten Bindemann

Download or read book Production-sharing Agreements written by Kirsten Bindemann and published by . This book was released on 1999 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Internationalization of the petroleum industry. Law and policy of energy and resources in Uganda’s Host Government Contracting

Author : Herbert Abigaba
Publisher : GRIN Verlag
ISBN 13 : 3656835144
Total Pages : 19 pages
Book Rating : 4.6/5 (568 download)

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Book Synopsis Internationalization of the petroleum industry. Law and policy of energy and resources in Uganda’s Host Government Contracting by : Herbert Abigaba

Download or read book Internationalization of the petroleum industry. Law and policy of energy and resources in Uganda’s Host Government Contracting written by Herbert Abigaba and published by GRIN Verlag. This book was released on 2014-11-10 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2014 in the subject Energy Sciences, grade: 90%, University College London (School of Energy and Natural Resources Management), course: Law and Policy of Energy and Natural Resources, language: English, abstract: This paper discusses the internationalization of the petroleum industry as witnessed within Uganda’s petroleum legal and regulatory framework, drawing heavily on the Host Government Contracts (HGC). The country is selected for a number of reasons. First, the framework relates strongly with the other countries across East Africa, a region that is profoundly becoming a new petroleum frontier.1 Second, Uganda’s commercial oil discoveries realized in early 2006 have since increased to become the largest on-shore oil reserves in the Sub-Sahara Africa (SSA) over the last 20 years.2 Third, this ‘black gold’ potential has seen strong foreign interest, especially over the last ten years with country now pitted to become a top-50 oil producer in the mid-term if the development plan is achieved.3 As a result, the country has witnessed legal, regulatory and policy reforms; strongly over the last ten years, aimed at improved management of the nascent industry as shall be discussed. The paper is structured as follows. In the first section, a chronological development of country’s petroleum legal, regulatory and policy framework is discussed. Section two explains the HGC that has been employed in Uganda to manage its hydrocarbon resources. In the third section, internationalization of the industry as reflected in Uganda’s framework is considered. Although the focus is on host government contracting, the interdependence with the public law framework that governs it is appreciated. For this reason, the discussion permeates beyond the HGCs to include this framework. While it is adduced that internationalization within Uganda’s legal system is apparent and still progressing, the paper suggests that developing countries face some specific challenges. In the last section, these challenges are assessed along with recommendations to remediate them, and entrench this narrative.

Fiscal Regimes for Extractive Industries—Design and Implementation

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498340067
Total Pages : 82 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Regimes for Extractive Industries—Design and Implementation by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Fiscal Regimes for Extractive Industries—Design and Implementation written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2012-08-16 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors, according to a new policy paper from the International Monetary Fund. Revenues from extractive industries (EIs) have major macroeconomic implications. The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries. About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación

Petroleum Company Operations and Agreements in the Developing Countries

Author : Raymond F. Mikesell
Publisher : Routledge
ISBN 13 : 131729002X
Total Pages : 163 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Petroleum Company Operations and Agreements in the Developing Countries by : Raymond F. Mikesell

Download or read book Petroleum Company Operations and Agreements in the Developing Countries written by Raymond F. Mikesell and published by Routledge. This book was released on 2016-02-12 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1984, this study focuses on petroleum agreements between non-OPEC LDCs with oil-importing LDCs and how issues such as high oil prices affect each country. The information presented in this study was drawn from interviews with petroleum officials in petroleum companies, petroleum ministries and unpublished documents such as contracts and focussing on case studies of countries such as Peru, Guatemala and Malaysia. This title will be of interest to students of environmental studies and economics.

Oil Discovery and Technical Change in Southeast Asia

Author : Robert Fabrikant
Publisher : Institute of Southeast Asian
ISBN 13 :
Total Pages : 255 pages
Book Rating : 4./5 ( download)

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Book Synopsis Oil Discovery and Technical Change in Southeast Asia by : Robert Fabrikant

Download or read book Oil Discovery and Technical Change in Southeast Asia written by Robert Fabrikant and published by Institute of Southeast Asian. This book was released on 1973 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field report looks at the economic developments and regional industrial growth with the discovery of oil. It also discusses the different implications on regional political relations as a result of the quantity and geographical territories in which the oil was found. More specifically, the paper attempts a legal-empirical analysis of production sharing contracts in the Indonesian petroleum industry.

Petroleum, Industry and Governments

Author : Bernard Taverne
Publisher : Kluwer Law International B.V.
ISBN 13 : 9403532319
Total Pages : 389 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Petroleum, Industry and Governments by : Bernard Taverne

Download or read book Petroleum, Industry and Governments written by Bernard Taverne and published by Kluwer Law International B.V.. This book was released on 2022-05-13 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: The grave concern of governments for the negative impact on the world climate caused by the release into the atmosphere of CO2 resulting from human activity, and under human control, such as the burning and combustion of oil products from the refinery, of natural gas and coal (the fossil fuels) made it possible for the international community to agree to and establish a global climate agreement, viz. The Paris Agreement of 1915. In order to meet the objectives of this Agreement, governments will try (among other measures) to curb the consumption of fossil fuels. This will not be easy since, in particular in less advanced economies, fossil fuels are for the coming decades indispensable. In more advanced economies, there are alternatives available, but as long as a possible switching to nuclear fission energy meets with public opposition, even the more advanced economies will remain dependent on fossil fuels for the coming decades. In its deeply informed discussion of the involvement of industry and governments with the production and use of petroleum, the prodigious scope of the coverage encompasses the following and much more: technical and environmental aspects of the production of oil and natural gas; position and function of petroleum and natural gas in the economy; government policies and attitudes towards fossil fuels, particularly with respect to climate change; national and international regulation of onshore or offshore petroleum operations; how oil and natural gas markets work; old and new forms and manifestations of political risk; distinction between licence-based and contract-based petroleum legislation; production sharing agreements; and petroleum taxation. The author draws on laws, contracts, government policy documents, trade journals, and statistical data available from international organizations and institutes and international oil companies. Underlying much of the review and discussion are governmental concerns with the prospects for economic alternatives and control of CO2 emissions. The often conflicting policy options open to governments and the consequences, if any, for both oil and natural gas and the petroleum industry are reviewed and discussed. All statistics and projections regarding reserves, production and consumption of oil and natural gas have been updated. Because so much continues to happen in the realm covered by this book, all who depend on its previous editions will need this updated and significantly rewritten edition. An indispensable resource for petroleum policymakers at every level, this book is of special importance and interest to petroleum venture managers, as well as for lawyers, independent consultants, and other professionals who are required to give advice with respect to the economic, regulatory, and cooperative aspects of petroleum operations.

Oil Wealth and Development in Uganda and Beyond

Author : Arnim Langer
Publisher : Leuven University Press
ISBN 13 : 9462702004
Total Pages : 396 pages
Book Rating : 4.4/5 (627 download)

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Book Synopsis Oil Wealth and Development in Uganda and Beyond by : Arnim Langer

Download or read book Oil Wealth and Development in Uganda and Beyond written by Arnim Langer and published by Leuven University Press. This book was released on 2020-01-07 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multidisciplinary perspectives to governance of oil in African countries Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other African countries with large oil and/or gas endowments. With oil expected to start flowing in 2021, the current book analyses how this East African country is preparing for the challenge of effectively, efficiently, and transparently managing its oil sector and resources. Adopting a multidisciplinary, comprehensive, and comparative approach, the book identifies a broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for national economic transformation. Predominantly grounded in local scholarship and including chapters drawing on the experiences of Nigeria, Ghana, and Kenya, the book blazes a trail on governance of African oil in an era of emerging producers. Oil Wealth and Development in Uganda and Beyond will be of great interest to social scientists and economic and social policy makers in oil-producing countries. It is suitable for course adoption across such disciplines as International/Global Affairs, Political Economy, Geography, Environmental Studies, Economics, Energy Studies, Development, Politics, Peace, Security and African Studies. Contributors: Badru Bukenya (Makerere University), Moses Isabirye (Busitema University), Wilson Bahati Kazi (Uganda Revenue Authority), Corti Paul Lakuma (Economic Policy Research Centre), Joseph Mawejje (Economic Policy Research Centre), Pamela Mbabazi (Uganda National Planning Authority), Martin Muhangi (independent researcher), Roberts Muriisa (Mbarara University of Science and Technology), Chris Byaruhanga Musiime (independent researcher), Germano Mwabu (University of Nairobi), Jackson A. Mwakali (Makerere University), Tom Owang (Mbarara University of Science and Technology), Joseph Oloka-Onyango (Makerere University), Peter Quartey (University of Ghana), Peter Wandera (Transparency International Uganda), Kathleen Brophy (Transparency International Uganda), Jaqueline Nakaiza (independent researcher), Babra Beyeza (independent researcher), Jackson Byaruhanga (Bank of Uganda), Emmanuel Abbey (University of Ghana).

Energy Law and the Sustainable Development Goals

Author : Eduardo G Pereira
Publisher : Taylor & Francis
ISBN 13 : 1040027288
Total Pages : 273 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Energy Law and the Sustainable Development Goals by : Eduardo G Pereira

Download or read book Energy Law and the Sustainable Development Goals written by Eduardo G Pereira and published by Taylor & Francis. This book was released on 2024-05-07 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The UN Sustainable Development Goals are an ambitious agenda for environmental sustainability, economic development, and social transformation. The SDGs include targets for governments, in partnership with private industry and communities, to improve access to affordable and reliable energy, reduce inequality, protect natural resources, and invest in transparent legal institutions and resilient infrastructure. Although transitioning energy systems towards a low-carbon future is a core aspect of the SDGs, the International Energy Agency anticipates that oil and gas will remain a significant component of the global energy mix for some time. Host Government Instruments are tools which governments use to grant oil and gas companies permission to develop state-owned resources. In addition to bringing substantial resources into governments, these HGIs often also include environmental commitments as well as commitments to local hiring, stakeholder engagement, and investment in economic development programmes. The different structures of HGIs and their precise terms and conditions are crucial determinants of the sustainability of oil and gas operations conducted thereunder. This book addresses how governments can use HGIs to advance the SDGs. Part I introduces the SDGs and the legal institutions and governance related to HGIs, including in relation to international energy development, international environmental treaties, the Paris Agreement, and human rights regimes. Part II examines specific provisions within HGIs and regulatory systems which relate to the oil and gas sector and SDGs. It provides case studies to illustrate approaches to HGIs and to identify opportunities for host governments and international oil and gas companies to advance the SDGs. The book concludes with a summary of recommendations regarding how host governments, in partnership with the oil and gas industry, can use HGIs to advance economic development and sustainability goals, and advances potential insights towards development of new and renewable resources.

Natural Resource Taxation in Mexico: Some Considerations

Author : Ms. Alpa Shah
Publisher : International Monetary Fund
ISBN 13 : 1513599666
Total Pages : 36 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Natural Resource Taxation in Mexico: Some Considerations by : Ms. Alpa Shah

Download or read book Natural Resource Taxation in Mexico: Some Considerations written by Ms. Alpa Shah and published by International Monetary Fund. This book was released on 2021-10-18 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico has large extractive industries and it traditionally has raised sizable fiscal revenues from the oil and gas sector. A confluence of factors—elevated commodity prices, financial challenges of the state-owned oil company Pemex, and revenue needs for financing social and public investment spending over the medium term—suggest that a review of Mexico’s taxation regimes for natural resources would be opportune, against the backdrop of a comprehensive approach to tackling Mexico’s challenges. This paper identifies opportunities for redesigning mining taxation to increase somewhat the revenue intake while maintaining the favorable investment profile of the sector. It also discusses recent reforms to the oil and gas fiscal regime and future reform considerations, with attention to the attractiveness of investment on commercial terms—an issue that should be placed in the context of an overall reform of Pemex’s business strategy and possibly of the energy sector more generally.

International Petroleum Exploration and Exploitation Agreements

Author : Claude Duval
Publisher :
ISBN 13 : 9780890690499
Total Pages : 448 pages
Book Rating : 4.6/5 (94 download)

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Book Synopsis International Petroleum Exploration and Exploitation Agreements by : Claude Duval

Download or read book International Petroleum Exploration and Exploitation Agreements written by Claude Duval and published by . This book was released on 2009 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Local Content Policies in the Oil and Gas Sector

Author : Silvana Tordo
Publisher : World Bank Publications
ISBN 13 : 0821399349
Total Pages : 197 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Local Content Policies in the Oil and Gas Sector by : Silvana Tordo

Download or read book Local Content Policies in the Oil and Gas Sector written by Silvana Tordo and published by World Bank Publications. This book was released on 2013-07-22 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector—the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.

Oil in Uganda

Author : Luke A. Patey
Publisher :
ISBN 13 : 9781784670405
Total Pages : 41 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Oil in Uganda by : Luke A. Patey

Download or read book Oil in Uganda written by Luke A. Patey and published by . This book was released on 2015 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Covering Oil

Author : Svetlana Tsalik
Publisher : Lifting the Resource Curse
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Covering Oil by : Svetlana Tsalik

Download or read book Covering Oil written by Svetlana Tsalik and published by Lifting the Resource Curse. This book was released on 2005 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Revenue Watch program and the Initiative for Policy Dialogue promote transparency and civic participation in natural resource policymaking. Journalists know how hard it is to report on government management of oil, gas, and other natural resource revenues. Governments and industry are seldom forthcoming. And reporters themselves usually lack the background in economics, engineering, geology, and corporate finance helpful to understanding the energy industry and the effects of resource wealth. This book attempts to redress the balance with practical information in easy to understand language. Chapters include Understanding the Resource Curse, A Primer on Oil, Oil Companies and the International Oil Market, the ABCs of Petroleum Contracts, and the Environmental, Social, and Human Rights Impacts of Oil Development. Tip sheets inform reporters about stories to pursue and questions to ask.

Oil and Governance

Author : David G. Victor
Publisher : Cambridge University Press
ISBN 13 : 1139502883
Total Pages : 1035 pages
Book Rating : 4.1/5 (395 download)

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Book Synopsis Oil and Governance by : David G. Victor

Download or read book Oil and Governance written by David G. Victor and published by Cambridge University Press. This book was released on 2011-12-08 with total page 1035 pages. Available in PDF, EPUB and Kindle. Book excerpt: National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.

Petroleum Contracts and International Law

Author : Rudolf Dolzer
Publisher : Oxford University Press, USA
ISBN 13 : 9780198715979
Total Pages : 0 pages
Book Rating : 4.7/5 (159 download)

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Book Synopsis Petroleum Contracts and International Law by : Rudolf Dolzer

Download or read book Petroleum Contracts and International Law written by Rudolf Dolzer and published by Oxford University Press, USA. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book addresses aspects of international law relating to petroleum contracts, examining oil and gas agreements between states and private companies and their intersection with rules of international law...The book covers topics such as the nature of international petroleum contracts, petroleum agreements as state contracts, issues of contract stability, the development of bilateral investment treaties, natural resource cycles, political risks and the specific petroleum policies of the International Bank for Reconstruction and Development, the International Monetary Fund and the International Development Association."--