Suriname Upstream Fiscal and Regulatory Report - Open Door Licensing Adds Flexibility to Attractive Regime Summary "Suriname Upstream Fiscal and Regulatory Report - Open Door Licensing Adds Flexibility to Attractive Regime", presents the essential information relating to the terms which govern investment into Suriname's upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state's take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Suriname's upstream oil and gas investment climate. Scope - Overview of current fiscal terms governing upstream oil and gas operations in Suriname - Assessment of the current fiscal regime's state take and attractiveness to investors - Charts illustrating the regime structure, and legal and institutional frameworks - Detail on legal framework and governing bodies administering the industry - Levels of upfront payments and taxation applicable to oil and gas production - Information on application of fiscal and regulatory terms to specific licenses - Outlook on future of fiscal and regulatory terms in Suriname Reasons To Buy - Understand the complex regulations and contractual requirements applicable to Suriname's upstream oil and gas sector - Evaluate factors determining profit levels in the industry - Identify potential regulatory issues facing investors in the country's upstream sector - Utilize considered insight on future trends to inform decision-making
Table of Contents
1 Table of Contents 1 1.1 List of Tables 2 1.2 List of Figures 2 2 Regime Overview 3 3 State Take Assessment 5 4 Key Fiscal Terms 6 4.1 Upfront Payments 6 4.1.1 Signature Bonus 6 4.1.2 Royalty 6 4.2 Cost Recovery 6 4.2.1 Limit on Recovery 6 4.2.2 Recoverable Costs 6 4.3 Profit-Sharing 6 4.4 Direct Taxation 7 4.4.1 Corporate Income Tax 7 4.4.2 Deductions and Depreciation 7 4.4.3 Withholding Tax 7 4.5 Indirect Taxation 7 4.5.1 VAT 7 4.5.2 Import Duties 7 4.6 State Participating Interest 7 5 Regulation and Licensing 8 5.1 Legal Framework 8 5.1.1 Governing Law 8 5.1.2 Contract Type 8 5.1.3 Title to Hydrocarbons 8 5.2 Institutional Framework 9 5.2.1 Licensing Authority 9 5.2.2 Regulatory Agency 9 5.2.3 National Oil Company 9 5.3 Licensing Process 9 5.3.1 Open Door Policy 9 5.3.2 Licensing Rounds 10 5.3.3 Qualifications 10 5.3.4 Bidding 10 5.4 License Terms 10 5.4.1 Duration 10 5.4.2 Obligations 11 5.4.3 Relinquishment 11 6 Outlook 12 7 Contact Information 13
List of Tables
Table 1: Summary 3 Table 2: Suriname, Profit Sharing for Block 59 and 60, 2015 6 Table 3: Suriname, Profit Sharing for Block 45, 2015 7 Table 4: Suriname, Minimum Work Program for Block 59 and 60, 2015 10 Table 5: Suriname, Work Obligation Costs for Block 45, 2015 11 Table 6: Suriname, Relinquishments for Block 58, 59 and 60, 2015 11
List of Figures
Figure 1: Regime Flow Chart 4 Figure 2: Suriname, Indicative NPV10/boe, IRR and State Take Comparison - Regional, 2016 5 Figure 3: Suriname, Legal Framework 8 Figure 4: Suriname, Institutional Framework 9
Global glycerol market size is likely to exceed USD 3 billion by 2022, as per a new research report by Radiant Insights, Inc. Regulatory push for promoting bio-diesel production is expected to boost glycerol demand over the forecast period, with expeRead More...
Global amino acids market size is anticipated to be valued at USD 35.4 billion by 2022, as per a new research report by Radiant Insights, Inc. Increase in animal feed additive demand owing to regulate metabolism in livestock production owing to growiRead More...
Global coated fabrics market size forecast is estimated at USD 22.57 billion by 2020; as per a new research report by Radiant Insights, Inc. Increasing production of seat covers & airbags for automobile applications is likely to favor market growth.Read More...
U.S hairbrush market is estimated to exceed USD 1.2 billion by 2022, as per a new research report by Radiant Insights, Inc. Rising population along with ascending disposable income is expected to drive industry demand. Significant rise in disposableRead More...
Global sorbitol market size is anticipated to be reach USD 3.99 billion by 2020, as per a new research report by Radiant Insights, Inc. Growing consumer perception towards product benefits derived from natural ingredients is expected to drive the demRead More...
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Toll Free: 1-888-928-9744
Email: [email protected]
Speak to the report author to design an exclusive study to serve your research needs.
A testimonial for service excellence represented in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.