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Petroleum Exploration and Production Rights: Allocation Strategies and Design Issues (World Bank Working Papers)

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 | #3249669 in Books |  world bank publications |  2010-01-12 | Original language:English | PDF # 1 |  10.00 x.27 x7.01l,.50 | File type: PDF | 124 pages

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Many governments rely on oil companies to efficiently exploit natural resources. Governments have the challenging task of deciding which companies should be awarded exclusive rights to explore, develop, and produce their petroleum resources, and on what conditions such rights should be awarded. This paper analyzes the available evidence on the advantages and disadvantages of various systems used by petroleum-producing countries to allocate petroleum exploration, developm...

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