June 11, 2021
Asia - South East
Laos does not have laws and regulations to govern crude oil and gas extraction and production. Currently, the government of Laos applies a production sharing contract ("PSC") model similar to other countries; however, conditions for each contract/agreement may be different based on a negotiation between the government and the contractor.
Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.
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