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Concession-based fiscal regime. The state oil company, Cohydro, may take a 20% equity stake in the event of any commercial discovery. The contractor is liable for royalty, income tax and an additional profits tax. There are no bonuses, rentals or fees. Since 2006, a number of contracts have been signed under a Production Sharing Contract (PSC). All terms are negotiable and a standard PSC contract is outlined below. Due to the political situation in the Democratic Republic of Congo it...
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Democratic Republic of Congo upstream fiscal summary PDF - 450.54 KB 15 Pages, 20 Tables, 12 Figures
Description
Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.
This country report gives an overview of the key fiscal issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream fiscal summary report is your definitive commercial guide.
Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.
Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.
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Country report | Oct 2016
Democratic Republic of Congo upstream fiscal summary
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