Insight

Petroleum fiscal systems: 5 things to look for in 2019

Get this report

$1,350

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.
 

- FAQ's about online orders
- Find out more about subscriptions

12 December 2018

Petroleum fiscal systems: 5 things to look for in 2019

Report summary

Sudden oil price movements will dictate the pace of fiscal change in 2019. We had a temporary price spike in 2018, but it didn’t last long enough to generate a significant fiscal response. What it has done is remind fiscal policy-makers that we are not operating in the ‘lower, forever’ world many were predicting a year ago. Fiscal systems must be flexible to accommodate high (US$80+) and low (US$50-) prices going forward. We anticipate five main fiscal themes to develop in 2019.

Table of contents

  • More fiscal rates will be linked directly to oil and gas prices
  • New fiscal policies will focus more on revenue than profits
  • Licensing rounds will increasingly feature biddable fiscal terms
  • Fiscal stabilisation clauses will become less acceptable
  • Fiscal rules for decommissioning will become a hot topic

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Key fiscal issues in 2019 by region.pdf

    PDF 1.31 MB

  • Document

    Petroleum fiscal systems: 5 things to look for in 2019

    ZIP 1.90 MB

  • Document

    Petroleum fiscal systems: 5 things to look for in 2019

    ZIP 1.90 MB

Trusted by leading organisations