Международный нефтяной бизнес : Налоговые системы и соглашения о разделе продукции

This work includes practical examples and step-by-step calculations, along with illustrations and diagrams. It covers everything from historical development of contracts to terminology of accounting and negotiations to threshold field size analysis, to the arithmetic behind contract terms. Description of the fundamentals of petroleum taxation, in particular the arithmetic and mechanics and the industry/government relationships involved. Focus on the two main fiscal systems, i.e. concessions and production sharing contracts. Consideration is given to economic issues such as the threshhold field size and also to the legal and regulatory framework. Double taxation is covered in the final chapter primarily by reference to the US. Appendices give comparative overviews of various fiscal systems as well as statistics