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Effects of fiscal terms and contractual agreements on government take in Nigerian oil industry

The effects of fiscal terms on true government take under joint petroleum ventures and production sharing contracts were investigated. A generalized cash flow model was developed and used to evaluate government revenues under different fiscal terms and contractual agreements. Analyses revealed that...

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Format: Article
Published: 2009
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LEADER 00000njm a2000000a 4500
001 oai:repository.ui.edu.ng:123456789/2908
042 |a dc 
720 |a Isehunwa, O. S.  |e author 
260 |c 2009 
520 |a The effects of fiscal terms on true government take under joint petroleum ventures and production sharing contracts were investigated. A generalized cash flow model was developed and used to evaluate government revenues under different fiscal terms and contractual agreements. Analyses revealed that government take is reduced in joint ventures with divestment of equity if other fiscal terms remain unchanged. 
024 8 |a ui_art_isehunwa_effects_2009 
024 8 |a Petroleum Training Journal 6(1), pp. 1-7 
024 8 |a http://ir.library.ui.edu.ng/handle/123456789/2908 
245 0 0 |a Effects of fiscal terms and contractual agreements on government take in Nigerian oil industry