Suchergebnisse

This book delivers a thorough and essential analysis of current economic policy, transformation and legislative changes in Libya. The authors answer many questions about Libya's distinctive society and economic system and explain the necessity for the major restructuring of the Libyan economy which is currently in process. The book makes extensive use of previously unavailable economic and social data and thus allows a unique insight into a fascinating country.

Host governments commonly own the oil and gas resources located in their own relevant jurisdiction. However, they usually prefer to outsource the high risks and costs involved in the exploration, development and production phases in the oil and gas industry to third parties. The process of outsourcing (i.e. authorization) exploration, development and production activities to third parties is done via host granting instruments. This paper discusses their rationale and history and provides a critical analysis of the most relevant host granting instruments