January 13, 2017 - 1:29 PM EST
Print Email Article Font Down Font Up
Iraq Upstream Fiscal and Regulatory Report 2016: Movement on Long-Delayed Hydrocarbons Law Appears Unlikely - Research and Markets

Research and Markets has announced the addition of the "Iraq Upstream Fiscal and Regulatory Report - Movement on Long-Delayed Hydrocarbons Law Appears Unlikely" report to their offering.

Iraq Upstream Fiscal and Regulatory Report - Movement on Long-Delayed Hydrocarbons Law Appears Unlikely, presents the essential information relating to the terms which govern investment into Iraq's upstream oil and gas sector.

The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state's take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Iraq's upstream oil and gas investment climate.

Scope

- Overview of current fiscal terms governing upstream oil and gas operations in Iraq

- Assessment of the current fiscal regime's state take and attractiveness to investors

- Charts illustrating the regime structure, and legal and institutional frameworks

- Detail on legal framework and governing bodies administering the industry

- Levels of upfront payments and taxation applicable to oil and gas production

- Information on application of fiscal and regulatory terms to specific licenses

- Outlook on future of fiscal and regulatory terms in Iraq

Key Topics Covered:

1 Tables & Figures

2 Regime Overview

3 State Take Assessment

4 Key Fiscal Terms - Service Contract

4.1 Signature Bonus

4.2 Employment, Training and Technology Transfer Fund

4.3 Service Fees

4.3.1 Cost Recovery

4.3.2 Remuneration Fees

4.4 Supplementary Fees

4.5 Taxation

4.5.1 Corporate Income Tax

4.6 Customs Duties

4.7 State Participation

5 Key Fiscal Terms - Production Sharing Agreement

5.1 Bonuses

5.1.1 Signature and Capacity Building Bonus

5.1.2 Production Bonus

5.1.3 Additional Project Funding Support

5.2 Surface Rentals

5.3 Fees and Contributions

5.3.1 Personnel Fees

5.3.2 Training Fees

5.3.3 Environment Fund Contributions

5.3.4 Technological and Logistical Assistance Contributions

5.4 Royalty

5.5 Cost Recovery

5.5.1 Cost Recovery Limit

5.5.2 Recoverable Costs

5.6 Profit Sharing

5.7 Capacity Building Payments

5.8 Direct Taxation

5.8.1 Corporate Income Tax

5.8.2 Deductions and Depreciation

5.9 Customs Duties

5.10 State Participation

6 Regulation and Licensing

6.1 Legal Framework

6.1.1 Governing Law

6.1.2 Contract Type

6.1.3 Title to Hydrocarbons

6.2 Institutional Framework

6.2.1 Licensing Authority

6.2.2 Regulatory Agency

6.2.3 National Oil Company

6.3 Licensing Process

6.3.1 Federal Licensing Rounds

6.3.2 Bidding in Federal Rounds

6.4 License Terms

6.4.1 Duration

6.4.2 Obligations

6.5 Local Content

7 Outlook

For more information about this report visit http://www.researchandmarkets.com/research/sbblgk/iraq_upstream

Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Oil and Gas Exploration and Production, Petrochemicals


Source: Business Wire (January 13, 2017 - 1:29 PM EST)

News by QuoteMedia
www.quotemedia.com

Legal Notice