About the webinar
Oil price crash: what next for fiscal terms?
Petroleum investors, producers, suppliers and governments are coming together to try and find solutions to the current industry crisis. The oil revenue cake that they all feast on has shrunk, dramatically.
Fiscal terms can respond automatically to oil price shocks but some make production uneconomic and push the breakeven price for new investment up to unacceptable levels. Some governments are dependent on oil taxes for their budget; others need to keep the supply sector afloat. Appropriate fiscal changes – either temporary or longer term – may be needed to weather the storm.
Attend this webinar to hear a discussion on:
- The impact of different fiscal policies on project economics at low prices
- The strengths and weaknesses of different possible fiscal responses
- What we can learn from previous price crashes and the impact of fiscal responses
- The principles guiding fiscal policy choices that will assist survival and recovery
Presenters
- Graham Kellas, Senior Vice President, Global Fiscal Research
- David Barrowman, Vice President, Fiscal Consulting