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Petroleum fiscal and licensing month in brief: Russia and Guyana increase royalties

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Report summary

In our latest 'month in brief' we highlight the main Fiscal and Licensing stories that occurred in June and we provide our analysis and opinion on the developments. This issue highlights: Changes in fiscal terms: Guyana has added a 2% royalty on the Liza field PSC.Indonesia has removed indirect taxes on exploration investment Ongoing fiscal discussions: Russia plans to increase the oil royalty for all companies and the gas royalty for Gazprom. Romania will increase the top rate for gas excess revenue tax and make the tax permanent Licensing round highlights: India Norway Ecuador and Hungary launch licensing rounds. Our Fiscal theme page is a dedicated landing point where you can access all our fiscal summaries informs insights presentations and tools subject to subscription. This can be accessed via the "Themes" menu at the top of every page on the Wood Mackenzie portal.

What's included

This report contains

  • Document

    PFL MiB OngoingDiscussions 201706.xls

    XLS 246.50 KB

  • Document

    PFL MiB Licensing 201706.xls

    XLS 309.50 KB

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    Petroleum fiscal and licensing month in brief: Russia and Guyana increase royalties

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Table of contents

Tables and charts

This report includes 5 images and tables including:

Images

  • Petroleum fiscal and licensing month in brief: Russia and Guyana increase royalties: Image 1

Tables

  • Guyana PSC: Renegotiation of Lisa PSC
  • Licensing round awards (3)
  • Licensing round launches (4)
  • Petroleum fiscal and licensing month in brief: Russia and Guyana increase royalties: Table 4

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