Race to the Bottom? How the Price Drop is Impacting Fiscal and Contract Terms

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  "authors": [
    "Carole Nakhle",
    "Philip Daniel",
    "Anthony Paul",
    "Salli A. Swartz",
    "Satya Widya Yudha"
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    "Malcolm H. Kerr Carnegie Middle East Center"
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  "primaryCenter": "Malcolm H. Kerr Carnegie Middle East Center",
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Other

Malcolm H. Kerr Carnegie Middle East Center

Race to the Bottom? How the Price Drop is Impacting Fiscal and Contract Terms

The oil price is the most obvious trigger of change in the relationship between host governments and investors.

By Carole Nakhle, Philip Daniel, Anthony Paul, Salli A. Swartz, Satya Widya Yudha

Published on Jun 28, 2015

Source: Natural Resource Governance Institute

This year, the NRGI conference focused on the implications of falling commodity prices, bringing together policy makers, practitioners, academics and other leading experts (including many from developing countries) to discuss the salient policy and governance challenges and the latest analysis on these issues. The conference provided a forum for highly interactive debate, showcasing new thinking, policy experience and emerging practice.

Carnegie’s Carole Nakhle initiated the talk with a discussion on the oil price’s impact on the bargaining power between host governments and investors at the negotiating table.

This conference was originally published by the Natural Resource Governance Institute and was hosted at the University of Oxford’s St. Catherine’s College in partnership with OxCarre.

About the Authors

Carole Nakhle

Former Nonresident Scholar, Middle East Center

Nakhle was a nonresident scholar at Carnegie Middle East Center, specializing in international petroleum contracts and fiscal regimes for the oil and gas industry, world oil and gas market developments, energy policy, and oil and gas revenue management.

Philip Daniel

Anthony Paul

Salli A. Swartz

Satya Widya Yudha

Economy Climate Change

Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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