Petroleum fiscal systems: 2018 in review Report

Insight 18 January 2019

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Report summary

2018 was a relatively quiet year for fiscal changes. There were no major fiscal disruptions, as we predicted at the start of the year. Many licensing rounds, with new terms, were launched throughout the year. The trend of including fiscal terms as bid items continued. This means that blocks awarded in the same round could generate very different shares of future revenue for government. Some countries took the opportunity to review fiscal terms and ownership of expiring production licences.

Executive summary
- Fiscal disruption
- Fiscal evolution
- Changes to expiring production licences
- Upstream Competitiveness Index (UCI)
- Relevant reports
- January
- February
- March
- 9 more item(s)...