First tranche petroleum
WebNov 3, 2024 · The production output of the traditional cost recovery PSC is subject to a first tranche petroleum (FTP) requirement where 10 per cent of oil and gas production shall … WebMax Petroleum partially used the $30mn tranche to make a final payment of $3mn to Macquarie Bank and a $3.4mn payment to tendering bondholders. ... By the end of the week, the bank will make available the first tranche of 15 billion rubles to Russian Railways for buying rolling stock.
First tranche petroleum
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WebFirst Tranche Petroleum/Royalty and Oil/Gas Revenue - All Projects This document is part of the source library for NRGI's 2024 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. WebApr 11, 2024 · 11/04/2024. Indonesia has launched the frst of its 2024 licensing rounds, offering three blocks – one of which has giant oil and gas potential – to prospective investors. The Ministry of Energy & Mineral Resources (ESDM) on Monday unveiled the first batch of acreage up for grabs this year, with estimated resources of more than 2.4 …
WebJan 1, 2024 · For the third and final tranche, which took effect January 1, 2024, additional excise taxes are smaller P1.00 for gasoline, P1.50 for diesel, and P1.00 for kerosene. The three rounds of hikes in the fuel excise taxes has increased the levy on gasoline to P10.00 per liter, diesel to P6.00 per liter, and kerosene to P5.00 per liter. WebJan 21, 2015 · To accomplish this task they need knowledge & concepts on the application of How the Production Sharing Contract (PSC) works, how the oil and gas industry is structured in Indonesia, and How to construct POD, WP&B, FQR, and AFE as a budget controlling system. The production-sharing contract, over the last 40 years, the probably …
WebApr 2, 2024 · A number of provisions which exist in current generation PSCs will need to be removed or modified in order to reflect the principles prescribed in the Gross-Split PSC Regulation. While some of these are implicit (such as the removal of sections pertaining to the recovery of Operating Costs or First Tranche Petroleum), some are more nuanced. http://www.ijtef.org/vol10/639-ER0019.pdf
WebFTP stands for First Tranche Petroleum (energy sharing) Suggest new definition. This definition appears frequently and is found in the following Acronym Finder categories: …
Web1. First Tranche Petroleum (FTP) 2. Investment Credit (IC) 3. Cost Recovery 4. Sharing Split (Equity to be Split) 5. Domestic Market Obligation (DMO) 6. Tax Structure 7. … cscs wakefieldWebFirst Tranche Payment. definition. First Tranche Payment means the amount payable to a Recipient identified on Exhibit I under the column headed “First Tranche Payment”. … cscs warning signsWebAs a natural consequence of these adjustments, we expect that the Gross Split PSC will also do away with: (i) the First Tranche Petroleum structure, which was designed to ensure the State receives a share of … dyson dc35 shuts off on maxWebMay 5, 2024 · Delivery of the first tranche of 60 million barrels will take place in unspecified future years, the Energy Department official said, adding it will be paid for with revenue received from... dyson dc35 shuts offWebJan 1, 2024 · As the law gets passed in 2024, the first tranche of excise tax increase in fuel products has increased the duties on gasoline to P7 per liter and imposed a P2.50 per … cscs wallops islandWeb2 days ago · Pyran. By Teddy Nykiel - Reporter. April 11, 2024, 01:22pm CDT. With $1.5 million in newly raised capital on the heels of a successful demonstration of commercial-scale production, renewable ... cscsw ceoWebFIRST TRANCHE PETROLEUM. Sample Clauses. FIRST TRANCHE PETROLEUM. 6.3.1 Notwithstanding anything to the contrary elsewhere contained in this Contract, the … cscs warwick gate