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Local Content Policies And Cameroons Petroleum Industry
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Book Synopsis Local Content Policies and Cameroon's Petroleum Industry by : Enow Godwill Baiye
Download or read book Local Content Policies and Cameroon's Petroleum Industry written by Enow Godwill Baiye and published by . This book was released on 2020 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although oil exploration and production has been going on in Cameroon, one of the greatest challenges has been how Cameroon can maximise the potential benefits from oil to avoid the under-development path that hits other oil producing countries. This challenge sprout as a result of lack of specialised skills in the development of her oil industry. Thus, the promotion of LCPs in her oil industry is seen as an ideal means to enhance skills and technology transfer in the oil sector. It is in this light that this paper seeks principally to examine how LCPs have been effectively implemented within the Petroleum industry in Cameroon which will go a long way to enhance economic development. To achieve this principal objective, the paper aims specifically to examine the opportunities that the State and the local oil producing communities could derive from a viable LCP framework within the oil industry in Cameroon. The findings of this research reveals that in as much as there exist a regulatory frame work to promote the implementation of the local content policies in the oil industry, the lacunae of the Petroleum Code, weak monitoring committee, limited human resource capacity and insufficient capital has been the major drawbacks for the ineffective implementation of the local content policies in the oil industry in Cameroon. It is in this respect that this paper strongly advocates for the government to define the quantitative, qualitative, reliable and verifiable indicators of local content, outlining a detailed schedule of the implementation of the local content requirements, formulating sanctions via a gradual regime of sanctions for non-compliance with local content obligations, strengthening the capacities of the national workforce as well as suppliers and other national service providers on jobs related to oil exploitation, involving both the local and indigenous communities in the definition and formulation of the objectives of the local content , creating a commission to monitor and evaluate the execution of the fiscal obligations and local content and reinforcing technical education to curb with technology transfer as a means to address the ineffective implementation of the local content policies in the oil sector of Cameroon.
Book Synopsis Local Content Oil and Gas Law in Africa by : Pereowei Subai
Download or read book Local Content Oil and Gas Law in Africa written by Pereowei Subai and published by Routledge. This book was released on 2019-01-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining local content law and policy in the oil and gas industry, this book uses Nigeria as a primary case study, comparing its approach to countries such as Brazil and Norway which have also adopted local content laws in relation to their gas and oil industries. In considering various aspects of local content law and policy as they apply to the oil and gas industry, the book examines the factors behind the formulation of local content policies by petroleum producing states, and the various strategies they have employed to implement them. It analyses arguments against local content requirements from the perspective of international trade and investment law, and from liberal market economic theorists, who argue against its overall usefulness. The book highlights salient aspects of the oil and gas industry such as regulation, national oil companies, treatment of minorities, and policy formulation and implementation.
Book Synopsis Local Content and Sustainable Development in Global Energy Markets by : Damilola S. Olawuyi
Download or read book Local Content and Sustainable Development in Global Energy Markets written by Damilola S. Olawuyi and published by Cambridge University Press. This book was released on 2021-03-04 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines critical links between local content requirements and the application of sustainable development treaties in global energy markets.
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.
Book Synopsis Strengthening Transparency in the Oil Sector in Cameroon by : Mr.Stéphane Cossé
Download or read book Strengthening Transparency in the Oil Sector in Cameroon written by Mr.Stéphane Cossé and published by International Monetary Fund. This book was released on 2006-03-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a growing recognition of the importance of transparency for economic growth and social development in oil producing countries. This paper analyzes transparency issues in Cameroon's oil sector. It shows that, while substantial efforts have already been undertaken, continued action is necessary to strengthen transparency. The paper seeks to identify why and how transparency, especially in the fiscal area, matters for economic development and poverty reduction in Cameroon.
Book Synopsis Local Content in Africa's Petroleum States by :
Download or read book Local Content in Africa's Petroleum States written by and published by . This book was released on 2014 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Local Content and Sustainable Development in Global Energy Markets by : Damilola S. Olawuyi
Download or read book Local Content and Sustainable Development in Global Energy Markets written by Damilola S. Olawuyi and published by Cambridge University Press. This book was released on 2021-03-04 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Content and Sustainable Development in Global Energy Markets analyses the topical and contentious issue of the critical intersections between local content requirements (LCRs) and the implementation of sustainable development treaties in global energy markets including Africa, Asia, Europe, North America, Latin America, South America, Australasia and the Middle East While LCRs generally aim to boost domestic value creation and economic growth, inappropriately designed LCRs could produce negative social, human rights and environmental outcomes, and a misalignment of a country's fiscal policies and global sustainable development goals. These unintended outcomes may ultimately serve as disincentive to foreign participation in a country's energy market. This book outlines the guiding principles of a sustainable and rights-based approach – focusing on transparency, accountability, gender justice and other human rights issues – to the design, application and implementation of LCRs in global energy markets to avoid misalignments.
Book Synopsis The Social Impact of the Chad-Cameroon Oil Pipeline by : Joyce Bayande Mbongo Endeley
Download or read book The Social Impact of the Chad-Cameroon Oil Pipeline written by Joyce Bayande Mbongo Endeley and published by . This book was released on 2007 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores the concepts of globalization, gender relations, and land tenure, and the intersection of these concepts in a globalizing project, represented by the Chad-Cameroon Oil Pipeline project in selected communities in Cameroon. It questions the theories of globalization, the construction of women and men in the project, particularly as concern land resources. This work will appeal to scholars in social and management sciences, gender studies and environmental sciences in Africa, development agencies and multinational companies like the World Bank and petroleum consortiums, and policy makers.
Book Synopsis A Survey of the Literature on Local Content Policies in the Oil and Gas Industry in East Africa by :
Download or read book A Survey of the Literature on Local Content Policies in the Oil and Gas Industry in East Africa written by and published by . This book was released on 2016 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Routledge Handbook of Public Policy in Africa by : Gedion Onyango
Download or read book Routledge Handbook of Public Policy in Africa written by Gedion Onyango and published by Routledge. This book was released on 2021-12-30 with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides an authoritative and foundational disciplinary overview of African Public Policy and a comprehensive examination of the practicalities of policy analysis, policymaking processes, implementation, and administration in Africa today. The book assembles a multidisciplinary team of distinguished and upcoming Africanist scholars, practitioners, researchers and policy experts working inside and outside Africa to analyse the historical and emerging policy issues in 21st-century Africa. While mostly attentive to comparative public policy in Africa, this book attempts to address some of the following pertinent questions: How can public policy be understood and taught in Africa? How does policymaking occur in unstable political contexts, or in states under pressure? Has the democratisation of governing systems improved policy processes in Africa? How have recent transformations, such as technological proliferation in Africa, impacted public policy processes? What are the underlying challenges and potential policy paths for Africa going forward? The contributions examine an interplay of prevailing institutional, political, structural challenges and opportunities for policy effectiveness to discern striking commonalities and trajectories across different African states. This is a valuable resource for practitioners, politicians, researchers, university students, and academics interested in studying and understanding how African countries are governed.
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
Book Synopsis Sovereign Wealth Funds, Local Content Policies and CSR by : Eduardo G. Pereira
Download or read book Sovereign Wealth Funds, Local Content Policies and CSR written by Eduardo G. Pereira and published by Springer Nature. This book was released on 2021-01-25 with total page 653 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores three particular strategies in the extractives sector for creating shared wealth, increased labour opportunities and positive social, environmental and economic outcomes from corporate projects, namely: state wealth funds (SWF), local content policies (LCP) and corporate social responsibility (CSR) practices. Collectively, the chapters explore the associated experiences and challenges in different parts of the world with the view to inform equitable and sustainable development for the communities living adjacent to extractives sites and the wider society and environment. Examples of LCPs, SWFs and CSR practices from 12 jurisdictions with diverse experiences offer usefull insights. The book illuminates challenges and opportunities for sustainable development outcomes of the extractives sector. It reflects the need to take on board the lessons of these global experiences in order to improve outcomes for poverty reduction, inequality reduction and sustainable development.
Book Synopsis National Oil Companies and Value Creation by : Silvana Tordo
Download or read book National Oil Companies and Value Creation written by Silvana Tordo and published by World Bank Publications. This book was released on 2011-07-13 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?
Book Synopsis Life in the Time of Oil by : Lori Leonard
Download or read book Life in the Time of Oil written by Lori Leonard and published by Indiana University Press. This book was released on 2016-04-04 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: “[A] tale of imperial hubris, rough and tumble politics, and the duplicity of what passes as corporate social responsibility . . . important and compelling.” —Michael Watts, University of California, Berkeley Life in the Time of Oil examines the Chad-Cameroon Petroleum Development and Pipeline Project—a partnership between global oil companies, the World Bank, and the Chadian government that was an ambitious scheme to reduce poverty in one of the poorest countries on the African continent. Key to the project was the development of a marginal set of oilfields that had only recently attracted the interest of global oil companies who were pressed to expand operations in the context of declining reserves. Drawing on more than a decade of work in Chad, Lori Leonard shows how environmental standards, grievance mechanisms, community consultation sessions, and other model policies smoothed the way for oil production, but ultimately contributed to the unraveling of the project. Leonard offers a nuanced account of the effects of the project on everyday life and the local ecology of the oilfield region as she explores the resulting tangle of ethics, expectations, and effects of oil as development.
Author :Gary Clyde Hufbauer Publisher :Peterson Institute for International Economics ISBN 13 :0881326801 Total Pages :272 pages Book Rating :4.8/5 (813 download)
Book Synopsis Local Content Requirements by : Gary Clyde Hufbauer
Download or read book Local Content Requirements written by Gary Clyde Hufbauer and published by Peterson Institute for International Economics. This book was released on 2013-10-07 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas), leading some observers to underestimate the incidence of new protectionism. In fact, policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and “Buy American” restrictions on government procurement in the United States.
Book Synopsis The Political Economy of Oil and Gas in Africa by : Soala Ariweriokuma
Download or read book The Political Economy of Oil and Gas in Africa written by Soala Ariweriokuma and published by Routledge. This book was released on 2008-10-22 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a thoroughly researched guide to the Nigerian Oil and Gas Industry, providing students, potential investors, academics and policy makers the opportunity to get acquainted with various dimensions of the oil and gas industry.
Download or read book Oil in Uganda written by Ben Shepherd and published by Chatham House (Formerly Riia). This book was released on 2015-07-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 'resource curse' is not inevitable. Uganda has time on its side but it must not waste it. The debate on oil must move beyond the politics of the present and look to the long term. Oil will be central to Uganda for decades to come. It is incumbent on today's leaders in government, opposition and civil society alike to work together to ensure a bright future for generations to come. Lessons can be learned from those countries that have successfully managed natural resources, as well as those that have suffered from their mismanagement. Transparency matters if Uganda's social cohesion is going to be maintained. A well-informed national conversation on how to balance spending with saving is vital to the health of the agricultural sector and key to a positive future. The need to protect technical advice from political influence is vital across all governments. And a population that understands how revenues are being spent is more likely to work with government rather than against it, building a positive feedback mechanism between people and the state that can act as a bulwark against future abuses.
