Dr Carole Nakhle, CEO of Crystol Energy, discusses whether stabilisation provisions in oil and gas contracts are needed and how effective they are when used, in a webinar organised by the Extractives Hub on February 19, 2020.
Stabilisation clauses in oil and gas contracts have significantly evolved over the last few decades. However, all along, they have been seen as controversial, with some extreme views describing them as diluting state sovereignty.
Watch Dr Carole Nakhle's concluding remarks:
“Oil and Gas Fiscal Policies“, Dr Carole Nakhle and Theo Acheampong, Oct 2020
“OECD Guiding Principles for Durable Extractive Contracts“, Dr Carole Nakhle, Jun 2020
“Fiscal Stabilisation in Oil and Gas Contracts: Evidence and Implications“, Dr Carole Nakhle and Mario Mansour, Mar 2016