Country Report

Bolivia upstream fiscal summary

Get this report

$1,650

You can pay by card or invoice

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

- FAQs about online orders
- Find out more about subscriptions

In late-October 2006, effective from 1 May 2007, new 'Operations Contracts' were signed by all 12 upstream operators in Bolivia as part of the country's ‘nationalisation' programme. A total of 44 new contracts were signed covering all fields and exploration licences in Bolivia (some fields had individual contracts, whilst some fields with a common operator were grouped together). These contracts replaced the concession-like terms of the 1996 Law of Hydrocarbons with what is effectively a...

Table of contents

    • Licence terms
  • Government equity participation
    • Ring fencing
    • Bonuses, rentals and fees
    • Indirect taxes
    • Royalty
    • 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 18 images and tables including:

  • Timeline
  • Timeline detail
  • Split of the barrel - oil
  • Split of the barrel - gas
  • Share of profit - oil
  • Share of profit - gas
  • Effective royalty rate - oil and gas
  • Maximum government share - oil and 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
  • Bonuses, rentals and fees
  • Indirect taxes
  • Bolivia: Effective Contractor Profit Share
  • Assumed terms by location

What's included

This report contains:

  • Document

    Bolivia upstream fiscal summary

    PDF 942.44 KB