Abdul Manaf, Nor Aziah and Saad, Natrah and Ishak, Zuaini and Mas’ud, Abdulsalam (2014) Effects of fiscal regime changes on investment climate of Malaysia's marginal oil fields: Proposed model. In: International Conference on Accounting Studies (ICAS) 2014, 18 - 19 August 2014, Putra World Trade Centre, Kuala Lumpur.

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Abstract

The paper proposes a model to examine the effect of the 2010 fiscal regime changes on investment climate of Malaysia's marginal oil fields.It proposes the use of investment appraisal tools, such as Net Present Value, Internal Rate of Return, Profitability Index, Saving Index and Access to Gross Revenue, for the study.Two scenarios would be considered using the fiscal terms of Production Sharing Contract (PSC) and Risk Service Contract (RSC), respectively.Each scenario would be of a fifteen-year simulation. Sensitivity analysis will also be conducted for both the scenarios under different prices and reserves levels. The study, when undertaken, will be beneficial to both industry and the government.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	Published in Procedia Social and Behavioral Sciences, Volume 164 (2014), ISSN 1877-0428 pp. 1-666 Organized by: School of Accountancy, College of Business, Universiti Utara Malaysia
Uncontrolled Keywords:	Fiscal regime; marginal oil field; oil and gas; investment
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Prof. Dr. Nor Aziah Abd Manaf
Date Deposited:	08 Mar 2015 08:20
Last Modified:	12 Apr 2016 05:56
URI:	https://repo.uum.edu.my/id/eprint/13358

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