Posts Tagged ‘Oil management’
Explaining spending oil and gas revenues remained unclear
Monday, July 12, 2010 9:17 No CommentsConcerns over the management of oil and gas revenues by public and opposition parties, so far, there are 23 companies having been awarded rights to explore for oil and gas in Cambodia’s offshore but not all of them are operating. By the way, the public expressed worried about the Cambodia’s management of its natural resources [...]
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 [...]
Contracts for Petroleum Development – Part 2
Thursday, July 2, 2009 16:30 No CommentsPetroleum contracts are long and complex. Production sharing agreements, the type of contracts being signed in Cambodia, are no exception. However, they are important to the country’s future economic and development options and hence it would be helpful if the public had a basic understanding of how these contracts work and, in particular, how government [...]
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 [...]

