New Zealand is currently actively pursuing a programme of dissuading investment in to its hydrocarbon sector. As such, we believe that the current operating environment will continue to decline. Furthermore, the increasingly "closed economy" approach gives us increasing cause for concern that governmental regulation and interference will only increase. Consequently, our Outlook is Negative and we raise our Risk Premia.
September 15, 2021
Asia - Pacific
Simple Concession fiscal regime where the contractor pays either a fixed Ad Valorem Royalty (AVR) of net sales revenues or a given % of Accounting Profit Royalty (APR), whichever is higher in any given year, plus corporate income tax.
Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.
© 2021 Oil & Gas Advisors Limited
Website by Rugby Web Design