Algeria Upstream Oil and Gas Fiscal Regime Profile:Covers Petroleum Regulations and Taxation for Explorations and Production Assets

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 Algeria Petroleum Fiscal Environment 6
3.1 Governing Law 6
3.2 Licensing Authority 6
3.3 Contract Type 6
3.4 State Participation 7
4 License terms 8
4.1 Exploration 8
4.1.1 Type of Right 8
4.1.2 Area 8
4.1.3 Duration 8
4.1.4 Relinquishment 8
4.1.5 Exploration obligation 8
4.2 Production 9
4.2.6 Type of right 9
4.2.7 Area 9
4.2.8 Duration 9
5 Key Fiscal Terms 10
5.1 Royalty 10
5.2 Surface Tax 10
5.3 Oil Revenue Tax 11
5.4 Annual Tax on Income Statement (ICR) 11
5.5 Deductions and Depreciation 11
6 Sample Cashflows Calculations 12
7 APPENDIX 13
7.1 Methodology 13
7.2 Definitions 13
7.2.1 Units of Measure 13
7.2.2 Definition 13
7.3 Contact Us 14
7.4 About Global Markets Direct 14
7.5 Disclaimer 14


1.1 List of Tables
Table 1: Algeria, Crude Oil and Natural Gas, Minimum Royalty Rate, 2007 10
Table 2: Algeria, Exploration Period Surface Tax, 2007 11


1.2 List of Figures
Figure 1: Algeria, Upstream Oil & Gas Fiscal Regime (PSA), Sample Cashflows, 2005-2016 12