Country Report

Egypt 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

Egypt upstream fiscal summary

Report summary

Upstream licences in Egypt are awarded through licensing rounds under production sharing contract terms (PSCs). Within the PSC regime, signature bonus, production bonus, cost recovery ceiling, excess cost recovery share and contractor profit share are all biddable parameters. Royalty and income tax are paid by the state from its share of profits. The state does not have any equity participation within the PSC regime, but is able to exert significant control over the field developments through a 50% ownership in the joint venture operating company.

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
      • Corporate Income Tax
      • Fiscal treatment of decommissioning
      • 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 27 images and tables including:

  • Revenue flowchart: Egypt PSC
  • Timeline
  • Timeline details
  • Split of the barrel - oil
  • Split of the barrel - gas
  • Share of profit - oil
  • Share of profit - gas
  • Effective royalty rate - onshore, oil and gas
  • Effective royalty rate - shelf, oil and gas
  • Effective royalty rate - deepwater, oil and gas
  • Maximum government share - onshore, oil and gas
  • Maximum government share - shelf, oil and gas
  • Maximum government share - deepwater, 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
  • Cost Recovery
  • Profit Sharing - onshore
  • Profit Sharing - shelf
  • Profit Sharing - deepwater
  • Contractor profit share (oil)
  • Contractor profit share (gas)
  • Assumed terms by location - oil
  • Assumed terms by location - gas

What's included

This report contains:

  • Document

    Egypt upstream fiscal summary

    PDF 340.04 KB

Other reports you may be interested in

Browse reports by Industry Sector