Country Report
Gabon upstream fiscal summary
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Upstream licences are awarded under production sharing contract (PSC) terms, governed by the 2019 Petroleum Law. The application and awarding of licences are negotiated through bids submitted in licensing rounds or by direct negotiation. The state is entitled to a maximum 10% stake in any PSC, comprising a carried interest through the exploration phase. The state has the option for this equity to be carried through development and production phases. The main biddable terms are profit sharing, cost recovery, state participation and royalties. Corporate income tax is no longer payable, as it had been under the repealed 2014 petroleum code.
Table of contents
- Basis
- Licence terms
- Government equity participation
-
Fiscal terms
- Ring fencing
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- Royalty rates
- PSC cost recovery
- PSC profit sharing
- Profit sharing
- 8 more item(s)...
- Recent history of fiscal changes
- Stability provisions
- Split of the barrel and share of profit
- Effective royalty rate and maximum government share
- Progressivity
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
- Timeline
- Timeline detail
- Split of the barrel - oil
- Split of the barrel - gas
- Share of profit - oil
- Share of profit - gas
- Effective royalty rate - onshore/shelf, oil
- Effective royalty rate - deepwater, oil
- Effective royalty rate - onshore/shelf, gas
- Effective royalty rate - deepwater, gas
- Maximum government share - onshore/shelf, oil
- Maximum government share - deepwater, oil
- 18 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Enoch Norway
Enoch is located on the UK/Norway median line and has an assumed unitisation of 80% in the UK and 20% in Norway.
$3,720
Asset Report
Svalin
The Svalin development is located eight kilometres southwest of the Grane oil field, in the central North Sea.
$3,720
Asset Report
Abbey
The Abbey field lies in the Southern Gas Basin, 40 kilometres northeast of the Easington gas terminal. It was discovered by Amoco in ...
$3,720
