Somalia Petroleum Law - SomaliTalk.com

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Usage of Host Government Contract TypesType ofagreementNumber of countriesutilizing this type Concession Joint Venture Production Sharing Service Contract Hybrids593140316
Somalia Petroleum Policy: Principles 5, 6, 7• Principle 5: Somalia should adopt the Production SharingAgreement as the principal form of host government contractto be used in Somalia• Principle 6: The grant of petroleum rights under a ProductionSharing Agreement should involve a signature bonus, and ashare of profits resulting from successful petroleumexploration• Principle 7: Somalia's share of profits from successfulpetroleum exploration should increase as the profitability ofthe venture increases, to ensure a fair share of profits and adurable fiscal structure
Page 3: Somali Petroleum Law Team and Advis
Page 6 and 7: Somalia Petroleum Policy and Petrol
Page 8 and 9: Framework of a Petroleum RegimeCons
Page 10 and 11: Somalia Petroleum Policy: The Chart
Page 12 and 13: Somalia Petroleum Policy: Context
Page 14 and 15: Somalia Petroleum Policy: Context
Page 16 and 17: Somalia Petroleum Policy: Principle
Page 22 and 23: Somalia Petroleum Policy: Consequen
Page 30 and 31: Somalia Petroleum Policy: Additiona
Page 32 and 33: Somalia Petroleum Policy: Eleven Pr
Page 34 and 35: Agenda• Introduction of Somali Pe
Page 36 and 37: Draft Petroleum Law of Somalia• t
Page 42 and 43: Suggested Timetable re Petroleum La
Page 46 and 47: Draft Production Sharing Agreement
Page 50 and 51: Financial Features of PSA• AFTER
Page 52 and 53: Summary : Profit Oil Distribution i
Page 54 and 55: Financial Features of PSA• Draft
Page 60 and 61: Issues for Discussion with States
Page 64 and 65: Consequences of Puntland Contract o
Page 68 and 69: Conclusion• The Petroleum Law of

Somalia Petroleum Law - SomaliTalk.com

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