Problems and prospects of production sharing agreements application in the development of the arctic shelf
About authors
- 1 — G.P.Luzin Institute of Economic Problems, Kola Scientific Center RAS
- 2 — G.P.Luzin Institute of Economic Problems, Kola Scientific Center RAS
Abstract
The article considers problems connected to gradual creation of a new strategic province on mining of hydrocarbon resources (arctic shelf of the RF) and role of agreements on division of products in this process. Advantages and shortcomings of the agreements are shown including those regarding organization mechanisms and tax regimes. Issues of participation of the corresponding regions in conclusion and support to realization of agreements on division of products are given in a separate section, measures directed to increasing «transparency» and concretization of such participation are given.
References
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