Country Report

Malta upstream summary

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20 April 2021

Malta upstream summary

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
    • Introduction
    • Ragusa basin
    • Medina Bank
    • Licensing
    • Offshore
      • Active licences
      • Historical licences
    • Onshore
    • Drilling
      • Drilling activity
  • Reserves and resources
    • Liquids
    • Gas
    • Introduction
      • Pipelines
      • Storage facilities
    • Key legislation
    • Regulatory body
    • International boundaries
    • Licensing
      • Types of Licence
      • Licence Areas
    • Application and Award Procedures
    • General Terms and Conditions of Licences
    • Overview
      • Upstream
      • Mid/Downstream
    • Current fiscal terms
    • PSC terms
      • State equity participation
      • Bonuses, rentals and fees
    • Indirect taxes
    • Royalty and other production taxes
      • Domestic market obligation (DMO)
      • Contractor revenue entitlement
      • PSC Cost Recovery
      • PSC profit sharing
      • Product Pricing
      • Corporate Income Tax
      • Additional Profits Taxes
      • Fiscal/Contractual Ring-Fences
      • Dividend Withholding Tax
    • Transfer of a licence interest
    • Historical background
      • Pre-1980
      • 1980
      • 1995/1996
      • 2001

Tables and charts

This report includes 6 images and tables including:

  • Key facts: Table 1
  • Location maps: Image 1
  • Basin map
  • Maltese licences
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 9.98 MB

  • Document

    Country Overview

    XLS 84.50 KB