Iraq Upstream Fiscal and Regulatory Report – Movement on Long-Delayed Hydrocarbons Law Appears Unlikely

MarketResearchReports.Biz presents this most up-to-date research on “ Iraq Upstream Fiscal and Regulatory Report – Movement on Long-Delayed Hydrocarbons Law Appears Unlikely ”

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 Iraqs 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 states take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Iraqs upstream oil and gas investment climate.

Download Sample copy of this Report at

http://www.marketresearchreports.biz/sample/sample/855935

Scope

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

– Assessment of the current fiscal regimes 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

Reasons to buy

– Understand the complex regulations and contractual requirements applicable to Iraqs upstream oil and gas sector

– Evaluate factors determining profit levels in the industry

– Identify potential regulatory issues facing investors in the countrys upstream sector

– Utilize considered insight on future trends to inform decision-making

Follow us on LinkedIn: https://www.linkedin.com/company/marketresearchreports-biz

Table of Contents

1Table of Contents 1

1.1 List of Tables 2

1.2 List of Figures 2

2 Regime Overview 3

3 State Take Assessment 6

4 Key Fiscal Terms – Service Contract 7

4.1 Signature Bonus 7

4.2 Employment, Training and Technology Transfer Fund 7

4.3 Service Fees 7

4.3.1 Cost Recovery 9

4.3.2 Remuneration Fees 9

4.4 Supplementary Fees 11

4.5 Taxation 12

4.5.1 Corporate Income Tax 12

4.6 Customs Duties 12

4.7 State Participation 12

5 Key Fiscal Terms – Production Sharing Agreement 13

5.1 Bonuses 13

5.1.1 Signature and Capacity Building Bonus 13

5.1.2 Production Bonus 14

5.1.3 Additional Project Funding Support 16

5.2 Surface Rentals 16

5.3 Fees and Contributions 16

5.3.1 Personnel Fees 16

5.3.2 Training Fees 17

5.3.3 Environment Fund Contributions 17

5.3.4 Technological and Logistical Assistance Contributions 18

5.4 Royalty 18

5.5 Cost Recovery 18

5.5.1 Cost Recovery Limit 18

5.5.2 Recoverable Costs 19

5.6 Profit Sharing 19

5.7 Capacity Building Payments 23

5.8 Direct Taxation 26

5.8.1 Corporate Income Tax 26

5.8.2 Deductions and Depreciation 26

5.9 Customs Duties 26

5.10 State Participation 26

6 Regulation and Licensing 27

6.1 Legal Framework 27

6.1.1 Governing Law 27

6.1.2 Contract Type 27

6.1.3 Title to Hydrocarbons 27

6.2 Institutional Framework 28

6.2.1 Licensing Authority 28

6.2.2 Regulatory Agency 28

6.2.3 National Oil Company 28

6.3 Licensing Process 29

6.3.1 Federal Licensing Rounds 29

6.3.2 Bidding in Federal Rounds 29

6.4 License Terms 30

6.4.1 Duration 30

6.4.2 Obligations 30

6.5 Local Content 30

7 Outlook 31

8 Contact Information 32

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

Website: http://www.marketresearchreports.biz/

E: sales@marketresearchreports.biz