oxford energy report on m and t

《oxford energy report on m and t》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、EastAfricaGas-PotentialforExportDavidLedesmaNG74March2013iThecontentsofthispaperaretheauthor’ssoleresponsibility.TheydonotnecessarilyrepresenttheviewsoftheOxfordInstituteforEnergyStudies,ofanyoftheInstitute’smembers,and/oroftheauthor’sotheraffiliations.Copyright©2013OxfordIn

2、stituteforEnergyStudies(RegisteredCharity,No.286084)Thispublicationmaybereproducedinpartforeducationalornon-profitpurposeswithoutspecialpermissionfromthecopyrightholder,providedacknowledgmentofthesourceismade.Nouseofthispublicationmaybemadeforresaleorforanyothercommercialpur

3、posewhatsoeverwithoutpriorpermissioninwritingfromtheOxfordInstituteforEnergyStudies.ISBN978-1-907555-69-5iiAcknowledgementsTheauthorwouldliketothankthosewhogavetheirvaluabletimetobehelpinthewritingthispaper,membersoftheOxfordInstituteEnergyStudies,especiallyHowardRogersandJi

4、mHendersonforreviewingandcontributingtothedocument.iiiPrefaceIntheworldofupstreamoilandgas,theemergenceofamajornewprospectiveareaalwayscreatesafrissonofexcitement.Oncethediscoveriesareassessedandwemovepasttheinitialquestionofhowthepotentialresourcebasewaspreviouslyoverlooked

5、,attentionfocusesonthelikelyultimatescaleoftheresource,thecostofdevelopment,thelikelytimingoffirstproduction,andtheimpactofthenewsuppliesonregionalandglobalgasmarkets.DavidLedesma’spaperontheprospectsforgasinMozambiqueandTanzaniacapturestheexcitementoftheconfirmationofamajor

6、newhydrocarbonplayandconveysthepaceatwhichresourcesweremobilisedandthesheerscaleofthediscoveriesmadeoveraveryshorttimeperiod.Theresources,however,areownedbytworelativelypoorcountrieswithlimitedinstitutionalcapabilityandcapacity.Theyfacethechallengeofmakingdecisionsonfiscalan

7、dregulatoryissueswhichwillimpacttheireconomiesforseveraldecades.Keypolicyissuesincludehowtoensurethatgasisavailableforthedomesticmarketinparallelwiththebuildupoftheexportflowsnecessaryforviabledevelopmentandhowtoavoidthe‘resourcecurse’ofcurrencyappreciation,whichwouldharmoth

8、erdomesticindustrialsectors.Thispaperisatimelydescriptionandanalysisoftheem