Abdul Manaf, Nor Aziah and Mas’ud, Abdulsalam and Saad, Natrah and Ishak, Zuaini (2014) Effect of taxation and fiscal arrangement on marginal oil field investment climate: A theoretical framework. Asian Social Science, 10 (15). pp. 57-61. ISSN 1911-2017

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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:	Article
Uncontrolled Keywords:	Fiscal regime; marginal oil field; oil and gas; investment
Subjects:	H Social Sciences > HG Finance
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Prof. Dr. Nor Aziah Abd Manaf
Date Deposited:	09 Jul 2015 02:56
Last Modified:	12 Apr 2016 05:56
URI:	https://repo.uum.edu.my/id/eprint/14786

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