Market Research Report
Dominican Republic Upstream (Oil and Gas) Fiscal and Regulatory Guide
|Published by||GlobalData||Product code||991278|
|Published||Content info||28 Pages
Delivery time: 1-2 business days
|Dominican Republic Upstream (Oil and Gas) Fiscal and Regulatory Guide|
|Published: February 24, 2021||Content info: 28 Pages||
Following recent exploration interest across the Caribbean region, the Dominican Republic introduced its first production sharing agreements to promote the development of its oil and gas sector. The fiscal terms introduced are attractive and are expected to remain favourable in the following years given the low-level of exploration activity in the country. In 2020, the Dominican Republic awarded Apache Dominican Republic Corporation the offshore Block SP2, through the country's first licensing round. Prior to the COVID-19 pandemic, the country was looking to build on this through the launch of a second round, however it is possible that the round could be delayed until investment conditions improve.
"Dominican Republic Upstream Fiscal and Regulatory Guide", presents the essential information relating to the terms which govern investment into Dominican Republic's upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state's take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Dominican Republic's upstream oil and gas investment climate.