Sharing the Oil Wealth: A Study of Petroleum Taxation Yesterday, Today and Tomorrow
By (author) Carole Nakhle
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Petroleum Taxation by Carole Nakhle
Book DescriptionPetroleum taxation is the universal instrument through which governments seek to determine the crucial balance between the financial interests of the oil companies and the owners of the resource. This book addresses how governments have and continue to approach this problem, the impacts of different policy choices and how these are being adapted to changing business conditions. Carole Nakhle presents the reader with an illuminating and robust analysis of the entire taxation story, from the basic theoretical considerations through to advanced computations applied to various tax regimes. Nakhle's main argument is that petroleum taxation is a subject of complexity, variety and subject to continued evolution, being surrounded and shaped by multifaceted geological, technical and market factors together with unpredictable political influences. The author challenges the assumption that perfect models of petroleum taxation can be designed and applied to countries and circumstances around the world, arguing that an ideal structure exists only in theory but can be nonetheless a useful benchmark against which to test proposed fiscal systems.
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Book DetailsISBN: 9780415433792
(234mm x 156mm x 18mm)
Publisher: Taylor & Francis Ltd
Publish Date: 29-Apr-2008
Country of Publication: United Kingdom
Books By Author Carole Nakhle
Petroleum Taxation, Paperback (May 2012)
This title provides a framework of economic analysis which both governments and the petroleum industry can draw upon in their negotiation of fiscal terms that offer a fair and just basis of wealth allocation and encourage balanced oil field development.
Out of the Energy Labyrinth, Paperback (May 2007)» View all books by Carole Nakhle
Argues that energy can become a tool for environmental protection, that energy and environment are not by definition in conflict with each other and that by pooling energy production and environmental protection ideas energy can be part of a solution rather than the problem. This book also makes specific proposals.
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Author Biography - Carole Nakhle
Carole Nakhle is Energy Research Fellow at the Surrey Energy Economics Centre, University of Surrey and also acts as Special Parliamentary Adviser on Energy and Middle Eastern Issues in the House of Lords.
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