Use this URL to cite or link to this record in EThOS: https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.743143
Title: The distortionary effect of production sharing contract in upstream petroleum industry
Author: Moridifarimani, Fazel
ISNI:       0000 0004 7225 8115
Awarding Body: University of Dundee
Current Institution: University of Dundee
Date of Award: 2018
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Abstract:
There is a vast literature on the distortionary effects of the tax-royalty system, while the effects of Production Sharing Contract (PSC) is largely understudied. Moreover, economic studies typically oversimplify the physics of the field and consequently end up with models which do not necessarily fully reflect the reality. In this study, we build a dynamic optimisation model which nests the physics of the reservoir and investigates the distortionary effects of a PSC.
Supervisor: Mu, Xiaoyi Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.743143  DOI: Not available
Keywords: Upstream Petroleum Contracts ; Production Sharing Contract ; Distortionary Effects ; Dynamic Optimization ; Dynamic Progrmming ; Material Balance ; Production Sharing Agreement
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