Chad

Investment & Operational Criteria

Key Indicators

Risk Premia

3.750

%

Outlook

Negative

Rating

CC|3H|-

Ranking

84

Reserves (1P)

Total

mm boe

Oil

100

%

Summary

Despite a period of calm, there continues to be a feeling of unrest in the country, hence higher than average discount rate. Presidential elections in 2016 were accompanied by unrest, and with the country vulnerable to fluctuations in the commodity cycle, we are concerned that the government will raise revenue from squeezing the O&G sector. Outlook Negative.

Updated

June 15, 2021

Country Basics

Region

Africa - Central

Reserves (1P)

Oil

mm bbl

Gas

bcf

Location

ChadChad

Central Africa, south of Libya.

Outline

Tax Regime
Type

PSC/PSA

Tax Regime
Notes

Under this regime, the contractor undertakes petroleum activities on behalf of the State but at the contractor’s sole and full risk. The contractor is not entitled to be granted a mining title. Exploration operations are undertaken following exclusive exploration authorisation granted to the contractor for a maximum period of five years, renewable once for three years. The exclusive exploration authorization provides exclusive rights to undertake exploration activities within the contractual zone. In a case of a commercial discovery, an exclusive exploitation authorization for a maximum period of 25 years that is renewable once for 10 years.

Investment & 
Operational
Climate

Chad is Africa’s fifth largest country by geographic/surface area, encompassing three agro-climatic zones. Chad is landlocked, bordering Libya to the north, Sudan to the east, Central African Republic (CAR) to the south, and Cameroon, Nigeria, and Niger to the west (with which it shares Lake Chad). The nearest port – Douala, Cameroon – is 1,700 km from the capital, N’Djamena. Chad is one of six countries that constitute the Central African Economic and Monetary Community (CEMAC), a common market. Chad’s human development is one of the lowest in the world according to the UN Human Development Index (HDI), and poverty afflicts a large proportion of the population.

Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.

No items found.
No items found.

Related Basins

Africa - Central

Countries

© 2021 Oil & Gas Advisors Limited
Website by Rugby Web Design