Gas, Oil and the Irish State: Understanding the Dynamics and Conflicts of Hydrocarbon Management by Amanda Slevin

Author:Amanda Slevin [Slevin, Amanda]
Language: eng
Format: epub
Tags: Industries, Social Science, Energy, Business & Economics, Sociology, General
ISBN: 9781526100979
Google: FW25DwAAQBAJ
Goodreads: 29598901
Publisher: Manchester University Press
Published: 2016-07-22T00:00:00+00:00

Government take

‘Government take’ can be defined as the total percentage of revenue from production accrued through one or more fiscal tools such as tax, royalties or bonuses (US Government Accountability Office (GAO), 2007, p. 11). Several international studies have compared rates of government take, including Kaiser and Pulsipher (2004, 2006), Khelil’s report for the World Bank (1995), Johnston (2004, 2008a, 2008b, among other publications); and the US GAO (2007). Ernst and Young also publish annual reports on regimes for hydrocarbon exploitation although they present details of fiscal terms on a country by country basis without analysis or comparisons between countries. More often than not, such reports concentrate on financial considerations rather than deal with key issues of who owns the resources and the extent to which publicly owned resources can be privatised.

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