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Cover: 9783843375917 | Taxation of UK Oil and Gas Production | A Non-Proprietorial Regime?
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Taxation of UK Oil and Gas Production
A Non-Proprietorial Regime?
Taschenbuch von Hafez Abdo
Sprache: Englisch

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Beschreibung
Starting with evidence that United Kingdom Continental Shelf oil and gas companies have benefitted very disproportionately from the recent period of very high oil prices, this research traces the history of this weakness in the UK¿s petroleum fiscal regime. Evidence is provided that the progressive relaxations in the UK¿s petroleum fiscal regime in 1983, 1987-88 and 1993 were: largely unnecessary to stimulate the development of new, smaller, ¿marginal¿ fields; misguided in their assumption that such fields were more costly to develop than earlier counterparts or larger contemporary fields; and impotent compared with the effects of oil price movements. The paper concludes with a conceptualisation which illuminates why these failures of policy were not just random: they emerged from the UK¿s ¿non-proprietorial¿ stance with respect to the country¿s oil and gas resources, a stance which assumes responsibility for oil company profitability and vainly tries to counter market forces at the expense of government revenues.
Starting with evidence that United Kingdom Continental Shelf oil and gas companies have benefitted very disproportionately from the recent period of very high oil prices, this research traces the history of this weakness in the UK¿s petroleum fiscal regime. Evidence is provided that the progressive relaxations in the UK¿s petroleum fiscal regime in 1983, 1987-88 and 1993 were: largely unnecessary to stimulate the development of new, smaller, ¿marginal¿ fields; misguided in their assumption that such fields were more costly to develop than earlier counterparts or larger contemporary fields; and impotent compared with the effects of oil price movements. The paper concludes with a conceptualisation which illuminates why these failures of policy were not just random: they emerged from the UK¿s ¿non-proprietorial¿ stance with respect to the country¿s oil and gas resources, a stance which assumes responsibility for oil company profitability and vainly tries to counter market forces at the expense of government revenues.
Über den Autor
Dr Hafez Abdo is a Senior Lecturer at the Nottingham Trent University. His research focuses on International Oil and Gas Agreements, Petroleum Fiscal Regimes and Energy Policy. Manuel Aguiar is a professor of strategy at AESE (Portugal). He is the associated dean and a member of the Academic Committee at Angola School of Management (ASM).
Details
Erscheinungsjahr: 2010
Fachbereich: Allgemeines
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: 84 S.
ISBN-13: 9783843375917
ISBN-10: 3843375917
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Abdo, Hafez
Hersteller: LAP LAMBERT Academic Publishing
Verantwortliche Person für die EU: LAP Lambert Academic Publishing, Brivibas Gatve 197, ?-1039 Riga, customerservice@vdm-vsg.de
Maße: 220 x 150 x 6 mm
Von/Mit: Hafez Abdo
Erscheinungsdatum: 17.11.2010
Gewicht: 0,143 kg
Artikel-ID: 107221584
Über den Autor
Dr Hafez Abdo is a Senior Lecturer at the Nottingham Trent University. His research focuses on International Oil and Gas Agreements, Petroleum Fiscal Regimes and Energy Policy. Manuel Aguiar is a professor of strategy at AESE (Portugal). He is the associated dean and a member of the Academic Committee at Angola School of Management (ASM).
Details
Erscheinungsjahr: 2010
Fachbereich: Allgemeines
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: 84 S.
ISBN-13: 9783843375917
ISBN-10: 3843375917
Sprache: Englisch
Ausstattung / Beilage: Paperback
Einband: Kartoniert / Broschiert
Autor: Abdo, Hafez
Hersteller: LAP LAMBERT Academic Publishing
Verantwortliche Person für die EU: LAP Lambert Academic Publishing, Brivibas Gatve 197, ?-1039 Riga, customerservice@vdm-vsg.de
Maße: 220 x 150 x 6 mm
Von/Mit: Hafez Abdo
Erscheinungsdatum: 17.11.2010
Gewicht: 0,143 kg
Artikel-ID: 107221584
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