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Keywords: host government
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Proceedings Papers
Fiscal Risk and the Stability of Contractural Arrangements for Petroleum Exploration and Development
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the Symposium on Energy, Finance, and Taxation Policies, September 19–20, 1988
Paper Number: SPE-18512-MS
... ABSTRACT The objective of this paper is to develop a methodology to assess the impact of fiscal risk, the risk of contractual non-performance by a host government, on the value and stability of contracts for petroleum investment. In the proposed fiscal risk model, the host government may...