FISCAL REVISIONS MAY UNLOCK SUB-SAHARA AFRICA’S 48 BILLION BARRELS OF DISCOVERED OIL
Wood Mackenzie asserts that the oil price crash has accelerated the need for fiscal adjustments, as Sub Sahara African governments prepare to weather significant reductions in vital tax revenue. With no increase expected in production volumes, future revisions will need to strike the right risk and reward balance – incentivising investors to commercialise the continent’s vast untapped resource base.
According to the analysis.... Read more »
Posted on : Wednesday , 28th October 2015