Country Report
South Sudan upstream fiscal summary
Report summary
Upstream licences in South Sudan are awarded under production sharing contract terms (PSCs) which are governed by the 2012 Petroleum Act. Following independence from Sudan, the government signed new contracts with licence holders. The application and awarding of licences are negotiated on an ad hoc basis. The model used in this analysis includes our understanding of the terms agreed in the most recent pre-independence PSCs signed with the Government of Sudan and as set forth in 2012 Petroleum Act.
Table of contents
- Basis
- Licence terms
- Government equity participation
-
Fiscal terms
- Ring fencing
- Bonuses, rentals and fees
- Indirect taxes
- Royalty
- PSC cost recovery
- PSC profit sharing
- Corporate income tax
- Product pricing
- Summary of modelled terms
- Recent history of fiscal changes
- Stability provisions
- Split of the barrel and share of profit
- Effective royalty rate and maximum government share
- Progressivity
- Fiscal deterrence
Tables and charts
This report includes 22 images and tables including:
- Timeline
- Timeline details
- Split of the barrel - oil
- Split of the barrel - gas
- Share of profit - oil
- Share of profit - gas
- Effective royalty rate - Oil
- Effective royalty rate - Gas
- Maximum government share - Oil
- Maximum government share - Gas
- State share versus Pre-Share IRR - oil
- State share versus Pre-Share IRR - gas
- Investor IRR versus Pre-Share IRR - oil
- Investor IRR versus Pre-Share IRR - gas
- Bonuses, rentals and fees
- Indirect taxes
- Profit sharing - Oil
- Profit Sharing - Gas
- Effective contractor profit share - oil
- Effective contractor profit share - gas
- Assumed terms by location
- Assumed terms by location - Gas
What's included
This report contains:
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