Country Report

Bahrain upstream fiscal summary

From

$1,650.00

You can pay by card or invoice

From

$1,650.00

You can pay by card or invoice

Get this Country Report as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

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.
 

Report summary

Historically, offshore concessions have been awarded to foreign companies under directly negotiated terms. However, more recently licences have been offered under Production Sharing Contract  (PSC) terms, with sealed bids submitted to the Government. Bahrain has a relatively standard form of PSC fiscal regime.  There is no royalty, the cost recovery ceiling varies with project profitability and profit oil and gas splits vary with both profitability and production rates.  Corporate income...

What's included

This report contains

  • Document

    Bahrain upstream fiscal summary

    PDF 311.44 KB

Table of contents

  • Executive summary
    • Basis
    • Licence terms
    • Government equity participation
      • Ring Fencing
      • Bonuses, rentals and fees
      • Indirect taxes
      • PSC cost recovery
      • PSC profit sharing
      • 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

Tables and charts

This report includes 22 images and tables including:

Tables

  • Timeline details
  • Effective royalty rate and minimum state share - Oil
  • Effective royalty rate and minimum state share - Gas
  • Maximum government share – Oil
  • Maximum government share – Gas
  • Bonuses, rentals and fees
  • Indirect taxes
  • Cost recovery
  • Profit sharing
  • Assumed terms by location - oil
  • Assumed terms by location - gas

Images

  • Revenue flowchart - Bahrain PSC
  • Timeline
  • Split of the barrel - oil
  • Split of the barrel - gas
  • Share of profit - oil
  • Share of profit - gas
  • State share versus pre-share IRR - oil
  • State share versus pre-share IRR - gas
  • Investor IRR versus pre-share IRR - oil
  • Investor IRR versus pre-share IRR - gas
  • Contractor profit sharing

You may be interested in

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898