Table of Contents
TABLE OF CONTENTS
1 Table Of Contents 2
1.1 List of Tables 4
1.2 List of Figures 4
2 INTRODUCTION 5
2.1 Global Markets Direct
Report Coverage 5
2.2 What Is This Report About? 5
2.3 How To Use This
Report 5
3 BANGLADESH PETROLEUM FISCAL ENVIRONMENT 6
3.1 Governing Law
6
3.2 Licensing Authority 6
3.3 National Oil Company 6
3.4
Contract Type 6
3.5 State Participation 6
4 LICENSE TERMS 7
4.1
Exploration 7
4.1.1 Area 7
4.1.2 Duration 7
4.1.3 Relinquishment
7
4.1.4 Exploration obligation 7
4.2 Production 7
4.2.1 Area 7
4.2.2 Duration 7
5 KEY FISCAL TERMS 8
5.1 Royalty 8
5.2 Cost
Recovery 8
5.3 Profit Sharing 8
5.4 Bonuses 9
5.5 Rentals 9
5.6 Fees 9
5.7 Taxation 9
5.8 Deductions and Depreciation 10
5.9
Domestic Market Obligation 10
6 SAMPLE CASHFLOWS CALCULATIONS 11
7
APPENDIX 12
7.1 Methodology 12
7.2 Definitions 12
7.2.1 Units of
Measure 12
7.2.2 Definition 12
7.3 Contact Us 13
7.4 About Global
Markets Direct 13
7.5 Disclaimer 13
1.1 List of Tables
Table 1: Bangladesh, Crude Oil and Natural Gas, Profit oil/Gas, 2007 8
Table 2: Bangladesh, Crude Oil and Natural Gas, Production bonus, 2007 9
1.2 List of Figures
Figure 1: Bangladesh, Upstream Oil & Gas Fiscal
Regime (PSA), Sample Cashflows, 2005-2016 11