Comparative Analysis of Ministry of Oil and Kurdistan fiscal terms as applied to the Kurdistan Region
Article from: OGEL 3 (2008), in Iraq
This report is written for Clifford Chance LLP, London, UK at the request of the Kurdistan Regional Government. It is a follow up to the report entitled "Government Take and Petroleum Fiscal Regimes (May 25, 2008)". This report compares two alternative upstream petroleum arrangements for the development of the Kurdistan Region: A risk service contract for exploration, development and production ("EDPRSC") developed by the Ministry of Oil of Iraq ("MOO"), and A production sharing contract for exploration, development and production developed by ...