cover image: 2016 Global Petroleum Survey /

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2016 Global Petroleum Survey /

9 Nov 2016

The five large-reserve jurisdictions least likely to attract investment on the basis of their Policy Perception Index scores (Venezuela, Libya, Russia, Indonesia, and Nigeria) account for 45 percent of the proved oil and gas reserves of all the jurisdictions included in the survey. [...] The main reason for the drop appears to be the downturn in oil prices and the effect that it has had on the industry. [...] That score is then normalized using the formula ((Vmax–Vi))/((Vmax–Vmin)) × 100.4 The jurisdiction with the most attractive policies receives a score of 100 and the jurisdiction with the policies that pose the greatest barriers to investment receives a score of 0. 2. See appendix 2 for an overview of the previous methodology. [...] Only one of the jurisdictions with large reserves—Russia, the country with the largest reserves in our sample, accounting for 20 percent of the reserves of the 93 jurisdictions with proved reserves—lies in the unattractive fourth quintile. [...] The first set of columns shows the abso- lute scores for the jurisdictions in each of the five years, based on the meth- odology described above.
natural gas petroleum oil reserves fraser institute peak oil policy perception index global petroleum survey institute global petroleum fraser institute global
ISBN
9780889754300
Pages
84
Published in
Vancouver, BC, CA

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