Insight

The Dominican Republic launches its first licensing round

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22 July 2019

The Dominican Republic launches its first licensing round

Report summary

The Dominican Republic has launched its first licensing round with the aim of attracting investment from companies that have shown an interest in the Caribbean in recent years. Licenses for onshore and offshore blocks are to be awarded under a PSC regime. Given the geological complexity, the fiscal terms offered will need to be attractive enough to stimulate exploration. This Insight details the elements of the fiscal system and compares how the regime measures up against other countries in the region.

Table of contents

  • Executive summary
  • Blocks on offer
    • State shared income
    • Corporate income tax
    • Minimum state participation tax
    • Abandonment fund
  • Benchmarking
  • Summary

Tables and charts

This report includes 14 images and tables including:

  • Blocks on offer
  • Onshore field benchmarking
  • Deepwater field benchmarking
  • Revenue flowchart
  • Fiscal terms vs. prospectivity
  • Fiscal terms and prospectivity weightings
  • Benchmarking against Caribbean peers
  • Onshore SSI rates
  • Onshore liquids SSI min and max ranges
  • Onshore liquids SSI rates
  • Offshore SSI rates
  • Offshore liquids SSI min and max ranges
  • Offshore liquids SSI rates
  • MSPT

What's included

This report contains:

  • Document

    The Dominican Republic launches its first licensing round

    PDF 1.18 MB

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