Gas in Developing Countries: Volume 1, Main Report

摘要

When gas is discovered in a developing country, and there is either insufficient supply to justify an Liquified Natural Gas (LNG) export project, or a surplus over-and-above LNG requirements, what are the problems that hinder its development for the internal market in that country. Are there positive steps that can be taken to facilitate such development. The major focus of this study is therefore on the problems that arise in negotiating and implementing agreements between companies and governments. The asymmetries and differences between the behavior and perceptions of the two groups impinge on the conduct of negotiations and the nature of agreements reached between the parties. Objectives are examined for each group as well as the procedures they follow and the constraints under which they operate. The effect of differences on exploration contracts, on pricing and on fiscal regimes are examined and practical ways in which the different objectives of governments and companies can be reconciled to their mutual advantage are suggested. The report is divided into two parts. This Volume, Part One of the report, contains a synthesis of our views on the issues raised by research, and the main conclusions. (ERA citation 13:020998)