Country Report
Malta upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Despite 13 wells, no commercial volumes of oil or gas have yet been discovered in Malta. Maritime boundary disputes with Italy, Tunisia, and Libya have impeded exploration in these areas. In order to transition into a gas-based economy, Malta's first LNG facility began operation in 2017. Plans for a pipeline connecting Malta to Italy are also in place.
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- Current
- Historical
-
Geology
- Introduction
- Ragusa basin
- Medina Bank
-
Exploration
- Licensing
-
Offshore
- Active licences
- Historical licences
- Onshore
-
Drilling
- Drilling activity
- Reserves and resources
-
Production
- Liquids and gas
-
Infrastructure
-
Introduction
- Pipelines
- Storage facilities
-
Introduction
-
Policy and regulation
- Key legislation
- Regulatory body
-
International boundaries
- Malta-Italy border
- Malta-Libya border
- Malta-Tunisia border
-
Licensing
- Types of Licence
- Licence Areas
- Application and Award Procedures
- General Terms and Conditions of Licences
-
Fiscal terms
-
Overview
- Upstream
- Mid/Downstream
- Current fiscal terms
-
PSC terms
- State equity participation
- Fiscal ring fencing
- Bonuses, rentals and fees
- Royalty
-
Indirect taxes
- Domestic market obligation (DMO)
- Contractor revenue entitlement
-
PSC Cost Recovery
- Deductions
- PSC profit sharing
-
Product pricing
- Liquids pricing
- Natural gas pricing
-
Overview
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Location maps: Image 1
- Malta - sedimentary basins
- Malta - active blocks
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 1
What's included
This report contains:
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