Fiscal terms for gas need improvement in many countries

A. Pedro H. van Meurs Andrew Seck Van Meurs & Associates Ltd. Calgary How 32 fiscal systems treat gas, oil [51,481 bytes] It would be logical to assume that many governments in the world would have more favorable fiscal terms for gas than for oil in order to stimulate gas development. The economics of gas is often less attractive than oil. In many countries gas markets are limited, often causing delays in gas development or restricting the level of production. Expensive gas pipeline and distribution systems need to be installed in order to deliver gas from the fields to markets. Prices for gas at the wellhead are usually lower than for oil on ...

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