OGEL 3 (2004)

How Should Revenues from Natural Resources be shared in Indonesia R. Bahl, Andrew Young School of Policy Studies, Georgia State University
B. Tumennasan, Andrew Young School of Policy Studies, Georgia State University

Comparison of the Economics of Deepwater Exploration and Development in India and other countries G. Allinson, University of New South Wales, School of Petroleum Engineering
V. Nguyen, University of New South Wales, School of Petroleum Engineering

Kashagan and Tengiz - Castor and Pollux D. Johnston, Daniel Johnston & Co. Inc.

A Comparative Analysis of the Response of State Governments to the Business Challenges Facing Deepwater Exploration and Production: A Study of the Deepwater Fiscal Regimes of the US GoM, Brazil and Nigeria O. Kinika Amaewhule, Centre for Energy, Petroleum and Mineral Law & Policy (CEPMLP)

How will the latest proposal for the new Bolivian hydrocarbons tax regime affect tax revenues in the long term? A. Anaya Zubieta

Tax Paid Production Sharing Contracts in Bangladesh M.M. Ahmed, S.F. Ahmed & Co.

How Attractive are the Fiscal Regimes of the Deepwater Offshore West Africa to Foreign Investment? O. Eigbe

How can Tax Allowances Promote Investment in the Nigerian Petroleum Industry? B.O.N. Nwete, BP Exploration Operating Company

The Norwegian Petroleum Tax System

Norwegian Petroleum Tax Policies, presentation

The Petroleum Tax Code of India, 1997

Australian Petroleum Resource Rent Tax - overview

Fiscal Policy Formulation and Implementation in Oil-Producing Countries

Petroleum Taxes - Trends in Fuel Taxes (and Subsidies) and the Implications

Petroleum (Taxation) Act of the Republic of Namibia, 1991

Bibliography on Petroleum Taxation and Fiscal regime A. Al Faruque, Department of Law, University of Chittagong

Managing a Legal Department

Managing the Legal Department: A Sense of Identity R. Shoylekov, Wolseley plc

Production Sharing Contracts

Production Sharing Arrangement: How Effective are the Fiscal Terms Designed for Deepwater Exploration in Nigeria and Indonesia? S. Mujakperuo, Centre for Energy, Petroleum, Mineral Law and Policy (CEMLP)

The Need for and Future of Production Sharing Legislation in Ukraine E.S. Burger, Esq., University of Wollongong
V. Dmitriev
I. Paliashvili, RULG-Ukrainian Legal Group, P.A.

Ukraine Enacts Production-Sharing Legislation for Natural Resources - PSA Proliferation I. Paliashvili, RULG-Ukrainian Legal Group, P.A.

Roundup of Articles

Time for the Peoples Trust of Iraq D.R. Langenkamp, Consultant

Report of the Ad Hoc Task Force on Energy: Rome, 14-15 April 2004

Law as the Mirror Reflecting Energy Markets and Policy - International and Domestic Forces in the 21st Century S. Slocum Hollis, Duane Morris LLP

Energy Insights, June 2004 Duane Morris LLP, www.duanemorris.com

Significant Positive Policy Shift in Oil and Gas Contracts in Colombia

From Russia-EU Summit to multilateral transit agreement: A Road Ahead A.A. Konoplyanik, www.konoplyanik.ru

Good Governance

The Political Economy of Oil and Gas in Equatorial Guinea D. Bredic

Money Laundering and Foreign Corruption: Enforcement and Effectiveness of the Patriot Act - Case Study Involving Riggs Bank

US must act now on corruption allegations centred on Equatorial Guinea's oil accounts Global Witness, www.globalwitness.org

Iraqi Fire Sale: CPA Giving Away Oil Revenue Billions Before Transition - June 2004 S. Tsalik, Open Society Institute

Briefing: Oil Revenue Accountability in Iraq: Breaking the Resource Curse - February 2004 S. Tsalik, Open Society Institute

Briefing: Auditors Find Poor Practices in Management of Iraqi Oil Revenues - June 2004 Revenue Watch, www.revenuewatch.org

Briefing: New UN Resolution Must Turn over U.S. Control of Iraq's Oil Revenues to Iraqis - May 2004 Revenue Watch, www.revenuewatch.org

Report: Racing the Deadline: The Rush to Account for Iraq's Public Funds - April 2004 Revenue Watch, www.revenuewatch.org

Report: Opening the Books: Transparent Budgeting for Iraq - April 2004 Revenue Watch, www.revenuewatch.org

Briefing: Open Society Institute Supports the Establishment of New Monitoring Board in Iraq; Calls for Vigilant Oversight - December 2003 Revenue Watch, www.revenuewatch.org

Briefing: Open Society Institute Calls for Vigilant Monitoring of Iraq Supplemental Spending - November 2003 Revenue Watch, www.revenuewatch.org

Report: Keeping Secrets: America and Iraq's Public Finances - October 2003 Revenue Watch, www.revenuewatch.org

National and International Issues in Natural Gas Development

Bolivian Referendum on Natural Gas Passes; New Laws Implementing Referendum May Lead to Violation of Investors' Rights and Claims for Compensation J.L. Loftis, Vinson & Elkins

Integration of South East Europe into the European Gas Markets Janusz Bielecki, Energy Charter Secretariat

Geopolitics of Energy

Paper on African Oil Development and USG policy challenges B. Freeman, Sustainable Investment Strategies

FDI and the Investment Climate in the CIS Countries C.R. Shiells, International Monetary Fund

Working Paper 2: Security of Supply for Natural Gas Markets - What is it and what is it not? G. Luciani, The Robert Schuman Centre of Advanced Studies, European University Institute

Working Paper 3: Investments in Gas Pipelines and Liquefied Natural Gas Infrastructure - What is the Impact on the Security of Supply? P. Cayrade, Beicip Franlab

Working Paper 4: Transport Energy Security - The Unseen Risk? D. Fisk, Royal Academy of Engineering, Imperial College

Working Paper 6: Social Costs of Energy Disruptions F. Gracceva, ENEA (Ente per le Nuove tecnologie l'Energia e l'Ambiente)
V. Costantini, Centre for research in Economics and Institutions, University of Roma Tre

Working Paper 7: Oil Security - Short- and Long-Term Policies F. Gracceva, ENEA (Ente per le Nuove tecnologie l'Energia e l'Ambiente)
V. Costantini, Centre for research in Economics and Institutions, University of Roma Tre

Working Paper 1: Market-based Options for Security of Energy Supply C. Egenhofer, Centre for European Policy Studies
F. Gracceva, ENEA (Ente per le Nuove tecnologie l'Energia e l'Ambiente)
V. Costantini, Centre for research in Economics and Institutions, University of Roma Tre
K. Gialoglou, European Energy Regulators
G. Luciani, The Robert Schuman Centre of Advanced Studies, European University Institute
M. Boots, Energy research Centre of the Netherlands (ECN)
M. Scheepers, Energy research Centre of the Netherlands (ECN)
A. Markandya, Fondazione Eni Enrico Mattei (FEEM)
G. Vicini, Fondazione Eni Enrico Mattei (FEEM)

Special Feature: Energy, Institutional Reforms and Development in Latin America

Energy, Institutional Reforms and Development in Latin America - Introduction D. Finon, CNRS
H.Q. Pinto Jr., Universidade Federal do Rio de Janeiro - UFRJ
A. de la Vega Navarro, Université Nationale Autonome du Mexique (UNAM)

Energy and Development: 40 Years of Exchanges between Latin America and France J.M. Martin-Amouroux, Energy and Environment Policy (EPE), University Pierre Mendes-France

The Contribution of Institutional Economics to the Definition of New Regulatory Frameworks D. Finon, CNRS

Natural Resources and Development: Curse, Blessing and Other Causes J. Mora Contreras, Universidad de Los Andes

Efficiency or Fiscal Revenue? The True Challenge Facing the Large Oil State Companies J.C. Boué, CITGO

The Mexican Oil Industry in the Global Framework of Institutional, Organizational and Technological Trends A. de la Vega Navarro, Université Nationale Autonome du Mexique (UNAM)

Institutional Changes and Innovation in the Brazilian Petroleum Industry A. Tosi Furtado, Department of Science and Technology Policy, Institute of Geosciences-UNICAMP

The Changing Relationship between PEMEX and IMP (Mexican Institute of Petroleum): the Experience of Technological Innovation of Catalysts J. Aboites Aguilar, Universidad Autónoma Metropolitana - UAM Xochimilco
T. Beltrán Oviedo, Instituto Mexicano del Petróleo
P. Pérez Romo, Instituto Mexicano del Petróleo
M. Soria López, UAM Xochimilco

Oil Privatisation and the Institutional Environment: the Russian Example D. Finon, CNRS
C. Locatelli, EPE-LEPII (EX-IEPE)

The North American Natural Gas Market: the Articulation of Mexico A. Elizalde-Baltierra, PEMEX / Dirección Corporativa de Operaciones

Drivers and Barriers to Cross-Border Gas Trade in the Southern Cone E.L. Fagundes de Almeida, Instituto de Economia - UFRJ
N. Trebat, Instituto de Economia - UFRJ

Natural Gas Pipeline Regulation in Brazil: Difficult balance between Competition and Market Development E.M. dos Santos, University of São Paulo

The Power Systems of Argentina and Uruguay, two different paths in the look for Sustainability D. Bouille
B. Ruchansky, Unidad Reguladora de Servicios de Energía y Agua

Institutional Inertia and Industrial Re-Organization: the Case of the Electric Industry in France and Mexico G. Serrato Ángeles, División de Estudios de Postgrado de la Facultad de Ingeniería de la UNAM

Reorganization or Disorganization of the Mexican Electric Industry? J. Viqueira Landa

The Effects of NAFTA on Organisational Changes in the Mexican Electricity Industry S.O. Angeles Cornejo

Foreign Investment in the Mexican Electricity Sector: Precedents, Characteristics and Territorial Structure J.M Casado Izquierdo, Instituto de Geografía, UNAM
E. Saavedra Silva, Instituto de Geografía, UNAM
M.T. Sánchez Salazar, Instituto de Geografía, UNAM

Privatisation in the Electricity Industries of West Africa P. Plane, CERDI-CNRS

Incentives for Investment in the Liberalised North and South Electricity Industries: the Necessity for Adequate Institutional Arrangements D. Finon, CNRS

Markets Reorganisation, Security of Supply and Hydraulic Resources a Comparison between Brazil and Norway C. Ferraz, University Center for the Study of Energy Problems (CUEPE), University of Geneva
F. Romerio, University Center for the Study of Energy Problems (CUEPE), University of Geneva

The Distributed Electricity Generation in Mexico and in Argentina: New Perspectives Associated with the Institutional Reforms in the Electricity Sector J.M. Islas Samperio, Centro de Investigación en Energía, UNAM
P. Menanteau, EPE-LEPII (EX-IEPE)

Impacts of the Reform Process and the Internationalization of the Electricity Sector in Central America: a Study of the Guatemalan case M.J. Paz Antolín, Universidad Pontificia de Comillas

The Restructuring of Energy Industries in the Framework of Economic Globalisation J.M. Martin-Amouroux, Energy and Environment Policy (EPE), University Pierre Mendes-France

The International Situation and Colombian Oil C.G. Álvarez Higuita, Universidad Nacional de Colombia, Departamento de Economía

Institutional Designs and Regulatory Reforms in the Energy Industries H.Q. Pinto Jr., Universidade Federal do Rio de Janeiro - UFRJ

Energy Policy in Developing Countries: Aims and Modalities of State Intervention in More Globalised and Liberalised Economies V. Rodríguez Padilla

Brazilian Energy Policy: Changing Course? J.L. Hermes de Araujo, CEPEL
A. de Oliveira, Instituto de Economia da UFRJ

Public Policies for the Diffusion of New Renewable Energies in Brazil J.J. Verdesio, Agriculture Engineering Group, Agronomy and Veterinary Faculty, University of Brasília

International Oil, Gas & Energy Dispute Management

Mediation in the Oil & Gas Industry H.R. Dundas, International Arbitrator, Mediator and Expert Determiner

Dispute Resolution in the Oil & Gas Industry: an Oilman's Perspective H.R. Dundas, International Arbitrator, Mediator and Expert Determiner

Northern Ireland stranded cost recovery scheme question S. Dow, CEPMLP

The NAFTA Chapter 11 Arbitration and Protection of Legitimate Expectations A. Barbuk, Embassy of the Republic of Belarus (Damascus)

Protecting Foreign Investors in the Developing World: A Shift in US Policy in the 1990s? L.T. Wells, Harvard Business School

Recognition or Expropriation V. Lowe, All Souls College, University of Oxford

Recent Arbitration Cases in the English High Court H.R. Dundas, International Arbitrator, Mediator and Expert Determiner

International Dispute Resolution Newsletter, June 2004 White & Case, www.whitecase.com

Prescription Periods for Investment Treaty Claims: A Brief Comment

Economic and Commercial Context for Oil, Gas and Energy Law

The Prospects for Oil Prices: the Dangers of Wet Barrel Supply Chasing Paper Barrel Demand P.J. Stevens, Centre for Energy, Petroleum and Mineral Law & Policy (CEPMLP)

Time Is Running Out D.B. Reynolds, University of Alaska

Poor Countries, Rich Resources

Oil, Not Reagan, Ended Cold War D.B. Reynolds, University of Alaska

Hedging Political Risk L. Bossley, CEAG

International Law & Regulations / Law of the Sea

Green Light for Resumption of Energy Transit Talks

The Context of Trans-Boundary Energy Resource Exploitation: the Environment, the State and the Methods F.N.N. Botchway, University of Warwick

The International Adjudicatory Process and Trans-boundary Resource Disputes F.N.N. Botchway, University of Warwick

Public International Law Briefing - January 2003 Herbert Smith, www.herbertsmith.com

Public International Law Briefing - April 2003 Herbert Smith, www.herbertsmith.com

Public International Law Briefing - July 2003 Herbert Smith, www.herbertsmith.com

Public International Law Briefing - October 2003 Herbert Smith, www.herbertsmith.com

International Law Briefing - December 2003 Herbert Smith, www.herbertsmith.com

International Law Briefing - April 2004 Herbert Smith, www.herbertsmith.com

International Law Briefing - June 2004 Herbert Smith, www.herbertsmith.com

Electricity Law and Regulation

Eurelectric - Union of Electricity Industry, Lyon, France, 14-15 June 2004 P.D. Cameron, Centre for Energy, Petroleum and Mineral Law & Policy (CEPMLP)

Preparing for Emissions Trading - A View from the Boardroom (Presentation) G. Maichel, RWE AG

Obligation to purchase energy from renewable sources in line with the German Constitution/New legal developments concerning the German Renewable Energy Act K. Horstmann, RWE Trading

Ensuring Investments in a Liberalised Electricity Sector Eurelectric, www.eurelectric.org

Position Paper on the proposed Directive concerning measures to safeguard security of electricity supply and infrastructure investments Eurelectric, www.eurelectric.org

Working Paper 5: The Question of Generation Adequacy in Liberalised Electricity Markets L.J. de Vries, Delft University of Technology
R.A. Hakvoort, Delft University of Technology

The Role of the Regulatory Authorities

Security of Supply Provisions for Gas

Measures to Secure Electricity Supply

Public Service Obligations

National Report Regarding Penetration Level of Renewable Energy Sources in the Year 2010 (Article 3 of Directive 2001/77/EC)

2nd National Report Regarding Penetration Level of Renewable Energy Sources in the Year 2010 (Articles 3 and 6 of Directive 2001/77/EC)

Table of Correspondence between Dispositions of Directive 2001/77/EC and National Dispositions

Third Party Access to Storage Facilities

Practical Measures for Distribution Resulting From the Opening up to Competition

Procedures for the issue of installation and operating permit of power generation plants using renewable energy sources and large-scale hydroelectric plants

The Unbundling Regime

Environment

Report on Renewables, 2004 Conference, Bonn, Germany 1-4 June 2004 R.L. Ottinger, Pace University & CEL Climate and Energy Working Group

EU Energy

The European Union and Iraq: Present Dilemmas and Recommendations for Future Action T. Dodge, Department of Politics, Queen Mary, University of London
G. Luciani, The Robert Schuman Centre of Advanced Studies, European University Institute
F. Neugart, Center for Applied Policy Research, University of Munich