Posts Tagged ‘Oil exploration’
Contracts for Petroleum Development – Part 3
Monday, July 27, 2009 15:36 No CommentsThe flows of oil revenues are quite complex. This note presents the results of two hypothetical simulations — one a progressive production sharing regime and the other regressive – to illustrate qualitatively how they affect the amount and timing of government revenue and investors’ profits.
Briefing Notes 7 and 8 [1,2] gave an overview of different [...]
Oil Revenue Not Likely Until 2013
Friday, June 19, 2009 15:58 No CommentsCOMMERCE ministers from the Mekong region will be warned today at a major conference that countries must boost trade and transport sector reforms if they hope to boost intraregional trade and reduce reliance on ailing external trade partners.
Arjun Thapan, director general of the Southeast Asia department of the Asian Development Bank (ADB), which is organising [...]
Vietnam’s petroleum company met Sok An
Monday, June 15, 2009 7:38 No CommentsOn Monday, a delegation from Vietnam’s state-owned petroleum company Vietnam Oil met with Deputy Prime Minister and Minister of Council of Ministers to make discussion over oil exploration in Cambodia soil.
According to the hand-written statement by the council, Dinh La Thang, president of Vietnam Oil company, led a delegation that met Sok An to express [...]
Country Experience with EITI – Part 2
Monday, June 1, 2009 10:42 No CommentsTA dedicated website, appointment of a former Minister of Finance as the overall coordinator, a petroleum law requiring revenue disclosure, and a decree establishing a multi-stakeholder committee are some of the ways that the countries that have endorsed the Extractive Industries Transparency Initiative (EITI) principles are implementing EITI. This briefing note, the second in a [...]
