PETROLEUM INDUSTRY REFORM IN NIGERIA: SIMULATION ...

More documents

Recommendations

Info

Proposed Fiscal Instruments Sliding Royalty Scales by Volume in the PIB Sliding Scale Royalty by Volume OIL Natural Gas Area/Royalty 5% 12.5% 25% 5% 12.5% Onshore 0‐2M b/d 2‐5Mb/d >5Mb/d 0‐100MMcf/d >100 MMcf/d Shallow Water 0‐5M b/d 5‐20Mb/d >20Mb/d 0‐200 MMcf/d >200 MMcf/d Deep Water 0‐50M b/d 50‐100Mb/d >100Mb/d 0‐500MMcf/d >500 MMcf/d OOILEDARE USAEE 2010, Calgary, Canada 10 12
Proposed Example Fiscal of Instruments Nigeria Sliding Royalty Scales by Value in the PIB Sliding Royalty Scales by Value Sliding Scale Royalty by Value Oil Price Per Bbl Royalty % Gas Price per MMBtu Royalty % $0 ‐ $70 0 $0 ‐ $2 0 $70 ‐ $100 0.4 per $ $2 ‐ $7 0.20/10cents $100 ‐ $140 12 + 0.2 /$ $7 ‐ $13 10 + 0.15/10cents $140 ‐ $190 20 + 0.1/$ $13 ‐ $19 19 + 0.10/10cents OOILEDARE USAEE 2010, Calgary, Canada 11 11
Page 1 and 2: PETROLEUM INDUSTRY REFORM IN NIGERI
Page 3 and 4: Petroleum Industry in Nigeria • N
Page 5 and 6: Broad Objectives of the Reform •
Page 7 and 8: Fiscal System Instruments Nigeria S
Page 9: Proposed Fiscal Instruments for Nig
Page 13 and 14: Modeling Deepwater Economics —DCF
Page 15 and 16: Production Sharing Contract Model D
Page 17 and 18: Incremental Deepwater Project: 100
Page 19 and 20: Sensitivity of Nominal IRR vs. HGT
Page 21 and 22: Sensitivity of Nominal IRR vs. HGT
Page 23 and 24: Internal Rate of Return: Fifty Perc
Page 25 and 26: Conclusions • Ongoing petroleum i

PETROLEUM INDUSTRY REFORM IN NIGERIA: SIMULATION ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?