scholarly journals An overview of the oil and natural gas revenue management in Tanzania. A mini review

2018 ◽  
Vol 3 (3) ◽  
pp. 59 ◽  
Author(s):  
Obadia Kyetuza Bishoge ◽  
Lingling Zhang ◽  
Witness Gerald Mushi ◽  
Shaldon Leparan Suntu
Keyword(s):  
Developing Countries ◽  
Natural Gas ◽  
Revenue Management ◽  
Oil And Gas ◽  
Oil And Gas Resources ◽  
Oil And Natural Gas ◽  
Rich Countries

Management of oil and gas resources or revenues from trans-boundary or disputes areas has always been an issue of controversy in most oil and gas resource-rich countries. Tanzania is among the developing countries which rise with rich in oil and gas resources. It requires more attention on how the revenues generated from these resources should be utilized sustainably. This paper, therefore, provides the current overview of the tools and institutions that offer the guidelines on oil and gas revenue management and distribution.

scholarly journals The overview of the legal and institutional framework for oil and natural gas sector in Tanzania. A review

2018 ◽  
Vol 1 (1) ◽  
pp. 8
Author(s):  
Obadia Kyetuza Bishoge ◽  
Lingling Zhang ◽  
Witness Gerald Mushi ◽  
Shaldon Leparan Suntu
Keyword(s):  
Sustainable Development ◽  
Natural Gas ◽  
Political Development ◽  
Oil And Gas ◽  
Institutional Structure ◽  
Energy Resources ◽  
Institutional Framework ◽  
Oil And Gas Resources ◽  
Oil And Natural Gas ◽  
Oil And Gas Sector

One of the essential tools for management of the sectors including the oil and gas sector is the legislative and institutional structure. This paper reviews the overview of the current legal and institutional framework for energy resources development, with weight on oil and gas resources and their critical significance to socio-economic and political development. It affords a comparative account of some new features and on-going trends of the activities conducted by the institutions for sustainable development of the oil and natural gas sector in Tanzania.

scholarly journals The overview of the legal and institutional framework for oil and natural gas sector in Tanzania. A review

2018 ◽  
Vol 3 (1) ◽  
pp. 8 ◽  
Author(s):  
Obadia Kyetuza Bishoge ◽  
Lingling Zhang ◽  
Witness Gerald Mushi ◽  
Shaldon Leparan Suntu
Keyword(s):  
Sustainable Development ◽  
Natural Gas ◽  
Political Development ◽  
Oil And Gas ◽  
Institutional Structure ◽  
Energy Resources ◽  
Institutional Framework ◽  
Oil And Gas Resources ◽  
Oil And Natural Gas ◽  
Oil And Gas Sector

One of the essential tools for management of the sectors including the oil and gas sector is the legislative and institutional structure. This paper reviews the overview of the current legal and institutional framework for energy resources development, with weight on oil and gas resources and their critical significance to socio-economic and political development. It affords a comparative account of some new features and on-going trends of the activities conducted by the institutions for sustainable development of the oil and natural gas sector in Tanzania.

scholarly journals Conflicting Claims to Oil and Natural Gas Resources off the Eastern Coast of Canada

1980 ◽  
Vol 18 (1) ◽  
pp. 54
Author(s):  
Colin Douglas
Keyword(s):  
Natural Gas ◽  
Federal Government ◽  
Oil And Gas ◽  
Oil Industry ◽  
Eastern Coast ◽  
Oil And Gas Resources ◽  
Oil And Natural Gas ◽  
Legal Arguments ◽  
Offshore Oil Industry ◽  
Offshore Oil

The province ofNewfoundland and the federal government both claim ownership of the oil and gas resources off the coast of Newfoundland. This paper examines the legal arguments that could be raised in the event that the issue is litigated. Matters examined include the applicability of the continental shelf doctrine, whether New foundland could successfully assert more limited claim to the area within three miles of its shoreline, and the possible legislative competence of each government in relation to the offshore oil industry.

LEGAL MECHANISMS FOR STIMULATING THE DEVELOPMENT OF THE OIL AND GAS SECTOR OF THE RUSSIAN ECONOMY

2021 ◽  
Author(s):  
Viacheslav Olegovich Mosalygin ◽  
Keyword(s):  
Natural Gas ◽  
Russian Federation ◽  
Oil And Gas ◽  
Significant Part ◽  
Tax Revenues ◽  
Russian Economy ◽  
Oil And Natural Gas ◽  
The Russian Federation ◽  
The Government ◽  
Oil And Gas Sector

For more than 15 years, a significant part of the budget revenues of the Russian Federation have been tax revenues from the sale of hydrocarbons, in particular oil and natural gas. Despite the desire of our government to minimize its dependence on oil and gas revenues, the government continues to implement measures to encourage both small and large companies by providing some tax-related benefits, thereby encouraging the fields to further develop and expand.

scholarly journals Developmental and reproductive effects of chemicals associated with unconventional oil and natural gas operations

2014 ◽  
Vol 29 (4) ◽  
Author(s):  
Ellen Webb ◽  
Sheila Bushkin-Bedient ◽  
Amanda Cheng ◽  
Christopher D. Kassotis ◽  
Victoria Balise ◽  
...  
Keyword(s):  
Water Pollution ◽  
Reproductive Health ◽  
Natural Gas ◽  
Oil And Gas ◽  
Gas Production ◽  
Ethyl Benzene ◽  
Potential Health ◽  
Early Postnatal Development ◽  
Unconventional Oil ◽  
Oil And Natural Gas

AbstractUnconventional oil and gas (UOG) operations have the potential to increase air and water pollution in communities located near UOG operations. Every stage of UOG operation from well construction to extraction, operations, transportation, and distribution can lead to air and water contamination. Hundreds of chemicals are associated with the process of unconventional oil and natural gas production. In this work, we review the scientific literature providing evidence that adult and early life exposure to chemicals associated with UOG operations can result in adverse reproductive health and developmental effects in humans. Volatile organic compounds (VOCs) [including benzene, toluene, ethyl benzene, and xylene (BTEX) and formaldehyde] and heavy metals (including arsenic, cadmium and lead) are just a few of the known contributors to reduced air and water quality that pose a threat to human developmental and reproductive health. The developing fetus is particularly sensitive to environmental factors, which include air and water pollution. Research shows that there are critical windows of vulnerability during prenatal and early postnatal development, during which chemical exposures can cause potentially permanent damage to the growing embryo and fetus. Many of the air and water pollutants found near UOG operation sites are recognized as being developmental and reproductive toxicants; therefore there is a compelling need to increase our knowledge of the potential health consequences for adults, infants, and children from these chemicals through rapid and thorough health research investigation.

scholarly journals STATEOWNED ENTERPRISE AND PUBLIC SERVICE OBLIGATION IN THE SECTOR OF OIL AND GAS

2018 ◽  
Vol 29 (3) ◽  
pp. 515
Author(s):  
Muhammad Insa Ansari
Keyword(s):  
Natural Gas ◽  
Public Service ◽  
Oil And Gas ◽  
For Profit ◽  
Oil And Natural Gas ◽  
The Republic ◽  
The Government ◽  
Oil And Gas Sector ◽  
Energy Law ◽  
Public Service Obligation

AbstractThe 1945 Constitution of the Republic of Indonesia regulates natural recources in its particular article. Then, the Energy Law and the Oil and Gas Law regulate the state’s control of oil and natural gas. In the sectoral regulations of oil and gas, there is a public service obligation (PSO) which must be assumed by the Government and State Owned Enterprises (SOE). Meanwhile, in the SOE Law introduced entity Perum and Persero. Where in Perum entities carrying out public service, while the Persero entity to assume the role for profit. But in practice found a PSO on the oil and gas sector carried by state-run entities Persero. IntisariDalam Undang-Undang Dasar Negara Republik Indonesia 1945 diatur penguasaan negara terhadap sumber daya alam. Kemudian UU Enegi dan UU Minyak dan Gas Bumi mengatur penguasaan negara terhadap minyak dan gas bumi. Dalam pengaturan sektoral di bidang tersebut juga mengatur kewajiban pelayanan umum yang harus diemban oleh pemerintah dan BUMN. Sementara itu dalam UU BUMN diperkenalkan  entitas Perusahaan Umum (Perum) dan Perseroan Terbatas (Persero). Dimana entitas Perum mengemban peran pelayanan umum (public service), sementara entitas Persero mengemban peran mencari keuntungan (profit oriented). Namun dalam praktek ditemukan kewajiban pelayanan umum pada sektor minyak dan gas bumi diemban oleh BUMN dengan entitas Persero. 

scholarly journals A multi-objective model for an integrated oil and natural gas supply chain under uncertainty

2021 ◽  
Author(s):  
Ahmed M. Ghaithan ◽  
Ahmed Attia ◽  
Salih O. Duffuaa
Keyword(s):  
Supply Chain ◽  
Natural Gas ◽  
Stochastic Programming ◽  
Oil And Gas ◽  
Petroleum Products ◽  
Programming Approach ◽  
Proposed Model ◽  
Stochastic Solution ◽  
Oil And Natural Gas ◽  
Gas Supply

The oil and gas networks are overlapped because of the inclusion of associated gas in crude oil. This necessitates the integration and planning of oil and gas supply chain together. In recent years, hydrocarbon market has experienced high fluctuation in demands and prices which leads to considerable economic disruptions. Therefore, planning of oil and gas supply chain, considering market uncertainty is a significant area of research. In this regard, this study develops a multi-objective stochastic optimization model for tactical planning of downstream segment of oil and natural gas supply chain under uncertainty of price and demand of petroleum products. The proposed model was formulated based on a two-stage stochastic programming approach with a finite number of realizations. The proposed model helps to assess various trade-offs among the selected goals and guides decision maker(s) to effectively manage oil and natural gas supply chain. The applicability and the utility of the proposed model has been demonstrated using the case of Saudi Arabia oil and gas supply chain. The model is solved using the improved augmented ε-constraint algorithm. The impact of uncertainty of price and demand of petroleum products on the obtained results was investigated. The Value of Stochastic Solution (VSS) for total cost, total revenue, and service level reached a maximum of 12.6 %, 0.4 %, and 6.2% of wait-and see solutions, respectively. Therefore, the Value of the Stochastic Solution proved the importance of using stochastic programming approach over deterministic approach. In addition, the obtained results indicate that uncertainty in demand has higher impact on the oil and gas supply chain performance than the price.

scholarly journals CORRELATION OF OIL AND GAS RESOURCES OF THE CASPIAN COUNTRIES

2021 ◽  
Vol 06 (02) ◽  
pp. 23-27
Author(s):  
Gulshan Zeynalova Gulshan Zeynalova
Keyword(s):  
Natural Gas ◽  
Caspian Sea ◽  
Oil And Gas ◽  
Decisive Role ◽  
Oil And Gas Industry ◽  
Energy Information Administration ◽  
Caspian Region ◽  
The Caspian Sea ◽  
Oil Reserves ◽  
Oil And Gas Resources

The Caspian Sea is the largest body of water in Eurasia: After the collapse of the USSR, the water area of this region is a zone of interest for many states. [1] The Caspian region rightfully serves as one of the most significant regions for most countries interested in the mineral resources that the Caspian is rich in. The Caspian Sea has a significant hydrocarbon reserves. According to the Energy Information Administration (EIA), hydrocarbon resources in the Caspian basin have the following values: oil - 48 billion barrels of oil, natural gas - 292 trillion. cubic feet (found and probable reserves), of which 75% and 67%, respectively, are produced or may be produced offshore. The northern part of the Caspian Sea contains most of the oil reserves, while the southern sector of the Caspian Sea is rich in natural gas.[2] It should be emphasized that the list of states that have the rights to use the resources of the Caspian Sea is as follows: Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan. It is impossible to correlate the importance of the oil and gas resources of the Caspian reservoir for each of the above countries, for the following reasons: Azerbaijan and Turkmenistan are countries for which the hydrocarbon potential of the Caspian is the most important predictor of the formation and development of the economy, while for Kazakhstan, the use of oil and gas resources of the Caspian Sea plays an important , but not the most decisive role, since oil and gas deposits in this country are not limited to the Caspian region, but its economy is developing in other directions. Iran and Russia, however, are interested in influencing the direction of flows of oil and gas raw materials, including their transit through the territory of the countries. [3] The last years for the Caspian region have become the years of a shift in the development of the oil and gas industry of the Caspian "five", which account for 17.6% of oil reserves and 46.4% of gas reserves in terms of global reserves. It is assumed that on the territory of the Caspian shelf, which belongs to Russia, oil reserves amount to 270 million tons, natural gas reserves - 0.5 trillion cubic meters. m of gas. [4] Of course, it is worth noting that the potential of the Russian sector of the Caspian Sea is significantly lower than the oil and gas potential of Yamal or Western Siberia, but the development of this region is important for the strategic development of the oil and gas sector, in particular offshore drilling.

scholarly journals About the Method of Analysis of Economic Correlations by Differentiation of Spline Models

2014 ◽  
Vol 8 (5) ◽  
pp. 197
Author(s):  
Ruslan Hizrailevich Ilyasov
Keyword(s):  
Natural Gas ◽  
Oil And Gas ◽  
Spline Approximation ◽  
Correlation Ratio ◽  
Dynamics Modeling ◽  
Economic Dynamics ◽  
Spline Models ◽  
Oil And Natural Gas ◽  
Economic Indexes ◽  
Time Point

The article considers spline approximation as one of efficient methods of modeling economic dynamics. Spline approximation of economic dynamics allows carrying out qualitative and accurate transition from discrete values of a lattice function to a continuous model of a process, which allows calculating values of a studied index at any time point (interpolation). Spline representation improves the quality of economic dynamics modeling while saving the real values of the studied process at each time point. In this article, differentiation of spline models is used for analysis of the economic indexes growth rate. Correlations are detected and itemized by comparison of derivatives. The possibility of detecting "latent trends" is demonstrated by differentiation of spline models of the dynamics using the example of economic indexes of the oil and gas market of Russia. For example, in the first case, we consider spline models of the dynamics of export prices for oil and natural gas. Here, the correlation of the studied indexes is obvious and is detected by both calculation of the correlation ratio and visualization of the studied rows of dynamics with spline models. As an opposite example, we consider the dynamics of the volumes of oil and natural gas export. In this case, we gain the correlation ratio close to zero, which is to evidence absence of correlation. Modeling of the studied dynamics with cubic splines also does not detect any correlation between the dynamics of volumes of the oil and gas export. Our assumptions about "latent trends" are also confirmed by differentiation of spline models – the correlation between the change rate of the volumes of the oil and gas export is detected. Use of spline functions at economic dynamics modeling is determined with such positive properties of theirs as continuity, flexibility, differentiability, the property of minimal curve, etc.

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