Abstract

Abstract The earnings from oil and gas sales are a very important source of income for some countries in Asia Pasific Region. The hydrocarbons are also important source of energy for almost all of the countries in the region. Most governments in this region invite foreign companies to their countries to supply the risk capital for petroleum exploration and development in exchange for a direct share in the potential profit. In this study, a comparison of different hydrocarbon fiscal systems and profitability in Asia Pasific Region is presented.

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