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Bangladesh Offshore PSC 2023 Features by Lily Muhammad is a document available to read on EtoBox.

What is Bangladesh Offshore PSC 2023 Features about?

The Bangladesh Offshore Model PSC 2023 outlines a 9-year exploration period divided into an initial 6-year phase and a subsequent 3-year phase, with mandatory and biddable work programs including seismic and drilling. Key financial aspects include 100% cost recovery, a sliding scale profit split, and various bonuses for discoveries and production levels. The contract also provides for no import duties on equipment, rights for gas export and third-party sales, and protections for investment through stabiliza

Author

Lily Muhammad

Language

EN