Country Report

Afghanistan upstream fiscal summary

Get this report

$1,650

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

04 July 2018

Afghanistan upstream fiscal summary

Report summary

Afghanistan has a relatively transparent and standard form of Production Sharing Contract (PSC) fiscal regime. The actual contracts are known as Exploration and Production Sharing Contracts (ESPCs) and include Royalty, Profit Sharing and Corporate Income Tax. Profit oil splits vary with project profitability (the R-Factor), there is no Cost Recovery Ceiling and Royalty is a biddable item. The barrel = lifetime revenue / field reserves. Profit = revenue – costs from barrel charts. ...

Table of contents

  • Executive summary
    • Basis
    • Licence terms
    • Government equity participation
    • Fiscal terms
      • Ring fencing
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty
      • PSC cost recovery
      • PSC profit sharing
      • Export Duty
      • Corporate income tax
      • Product pricing
      • Summary of modelled terms
    • Recent history of fiscal changes
    • Stability Provisions
    • Split of the barrel and share of profit
    • Effective royalty rate and maximum government share
    • Progressivity
    • Fiscal deterrence
    • Investor IRR versus pre-share IRR - oil

Tables and charts

This report includes 20 images and tables including:

  • Revenue flowchart: Afghanistan PSC
  • Timeline
  • Timeline details
  • Split of the barrel - oil
  • Economic analysis: Image 2
  • Share of profit - oil
  • Share of profit - gas
  • Effective royalty rate - onshore , oil and gas
  • Maximum government share – onshore, oil
  • Maximum government share – onshore, gas
  • State share versus pre-share IRR - oil
  • State share versus pre-share IRR - gas
  • Economic analysis: Image 7
  • Investor IRR versus pre-share IRR - gas
  • Bonuses, rentals and fees
  • Indirect taxes
  • Profit sharing
  • Profit sharing
  • Assumed terms by location - oil
  • Assumed terms by location - gas

What's included

This report contains:

  • Document

    Afghanistan upstream fiscal summary

    PDF 264.45 KB

Other reports you may be interested in

Browse reports by Industry Sector