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An Analysis of Fiscal and Financial Impediments to Oil and Gas Exploration in Developing Countries

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Energy Specializations: Petroleum – Exploration and Production; Energy Investment and Finance – Project Finance; Energy Investment and Finance – Corporate Strategy

JEL Codes:
D24 - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
D92 - Intertemporal Firm Choice: Investment, Capacity, and Financing

Keywords: Oil and gas exploration, Developing countries, Financial barriers, Investment

DOI: 10.5547/ISSN0195-6574-EJ-Vol6-NoSI-6

Published in Volume 6, Special Issue of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.