Country Report
Burundi upstream summary
Report summary
Burundi is a frontier oil and gas province with no production or discovered reserves. The country has no hydrocarbon-specific legislation, therefore our fiscal model is based on the Mining Code of 1976, which is still in force for the petroleum sector. New petroleum legislation is currently under review.The existing legislation offers a Concession regime with fixed royalty rates and income tax of 30%. While there is the option for state participation in mining projects, introduced by the ...
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Fiscal terms
- Overview
- Current fiscal terms
- Historical background
- GEM models
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