Internationalization of the petroleum industry. Law and policy of energy and resources in Uganda's Host Government Contracting

ISBN-13: 9783656835158 / Angielski / Miękka / 2014 / 20 str.

Herbert Abigaba

Opis

Research Paper from the year 2014 in the subject Energy Sciences, grade: 90%, University College London (School of Energy and Natural Resources Management), course: Law and Policy of Energy and Natural Resources, language: English, comment: Content: Excellent. Really interesting read, overall well-written. Demonstrates mastery of the course elements. Your paper is ambitious in scope in that it does not only demonstrate the knowledge gained during the course, but goes further and adds the developments in Uganda, where you prove your capacity to apply the course elements to a novel case and undertake more in-depth analysis. High level of critical thinking is demonstrated in the paper and you very skilfully bring forward novel points in connection to gained knowledge. Your paper delivers until the end., abstract: This paper discusses the internationalization of the petroleum industry as witnessed within Uganda's petroleum legal and regulatory framework, drawing heavily on the Host Government Contracts (HGC). The country is selected for a number of reasons. First, the framework relates strongly with the other countries across East Africa, a region that is profoundly becoming a new petroleum frontier.1 Second, Uganda's commercial oil discoveries realized in early 2006 have since increased to become the largest on-shore oil reserves in the Sub-Sahara Africa (SSA) over the last 20 years.2 Third, this 'black gold' potential has seen strong foreign interest, especially over the last ten years with country now pitted to become a top-50 oil producer in the mid-term if the development plan is achieved.3 As a result, the country has witnessed legal, regulatory and policy reforms; strongly over the last ten years, aimed at improved management of the nascent industry as shall be discussed. The paper is structured as follows. In the first section, a chronological development of country's petroleum legal, regulatory and policy framework is discussed. Section two explains the HGC th