Communication on energy. The Norwegian taxation debate

Alexander G. Kemp*, David Rose

*Corresponding author for this work

Research output: Contribution to journalArticle

Abstract

A working group of the Norwegian Ministry of Finance has recently produced a report on possible structural changes to the fiscal system applied to petroleum exploitation. This report recommended that two types of changes be seriously examined and the oil companies have recently presented their views on these proposals. Here a comparison is made between the two proposed systems and the current one as applied to very marginal fields. The comparative effects on investors depend on the size of discount rate employed and the proportion of debt finance utilized. It is unlikely that the proposed changes will significantly improve incentives to develop marginal fields.

Original languageEnglish
Pages (from-to)353-356
Number of pages4
JournalEnergy Policy
Volume12
Issue number3
DOIs
Publication statusPublished - 1 Jan 1984

Keywords

  • Norway
  • Petroleum
  • Taxation

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