Open Access Repository
Assessment of upstream petroleum fiscal regimes in Myanmar
Full text not available from this repository.
Abstract
This study aims to assess Myanmar’s upstream petroleum fiscal regimes by applyingcomprehensive indicators to rank the level of attractiveness of Myanmar. The indicators includegovernment take (GT), front loading index (FLI), and composite score (CS). The decision maker’sattitude for GT and FLI were considered in CS linear weighting method in ranking the fiscal termsattractiveness. The results showed that Myanmar’s upstream petroleum fiscal regime has lowattraction compared to its competing countries from the investor’s point of view, both in terms ofthe risk to the investor in the earlier part of the project and in terms of evaluation with or withoutthe time value of money. Also, royalty and cost recovery were identified to have an impact on theattractiveness rank of petroleum fiscal regime in Myanmar. Therefore, Myanmar should considerimproving its fiscal regimes that are not neutral—particularly, royalty, tax, profit split, and costrecovery—for a favorable investment climate.
Item Type: | Article |
---|---|
Authors/Creators: | Swe, WT and Emodi, NV |
Keywords: | Myanmar, petroleum fiscal regimes, upstream oil and gas, fast and intuitive method, discounted cash flow model |
Journal or Publication Title: | Journal of Risk and Financial Management |
Publisher: | MDPI AG |
ISSN: | 1911-8066 |
DOI / ID Number: | 10.3390/jrfm11040085 |
Copyright Information: | Copyright unknown |
Item Statistics: | View statistics for this item |
Actions (login required)
![]() |
Item Control Page |