International Petroleum Taxation and Finance LLM

School of Social Sciences

Learn about the taxation of petroleum and natural resources and the choices governments have to make to balance these resources

Start date

September 2020

Duration

12 months

Study mode

Full Time

Location

Dundee City Campus

Petroleum provides a huge source of revenue for producer governments. This course looks at the choices governments make in balancing resource taxes and corporate taxes and the share of production retained by the state.

In looking at the options for taxation of petroleum and natural resources, you will study the regulation of production (to see who and what is being taxed). You will also learn about the fiscal options of resource taxes and corporate taxes, and understand that the state’s share of production is also revenue for the state.

You will also learn about:

  • the project financing of petroleum production through debt, forward purchases, and production payments
  • how different taxes interact to create the total tax burden
  • limited recourse financing of petroleum projects
  • how different investors have different financing needs, and the implications for the investor group
  • how governments balance the need for revenue with the need to attract investors
  • dispute avoidance and resolution

You do not need to be a lawyer to take this course.

CEPMLP has been a global voice of energy law and policy since 1977. We are now working towards the transition to low-carbon economies worldwide. With over 6,000 postgraduate alumni from more than 50 countries, we prepare our graduates for high–profile careers in the public and private sectors.

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