The Promise of a Better Tomorrow

Speeches & Presentations

« Back to List

01-Feb-2012

Petroleum Policy Liberia

Summary of the presentation

  • Methods for financing an National Oil company is an Controversial issue
  • Not having the right financing, transparency and accountability mechanism in place can cause severe adverse effects
    • Mexico
    • Cameroon
    • Nigeria
  • Three distinct ways of financing can be identified
  • Each of the mechanism have pros and cons
  • Countries use all three: overview of financing method per country
  • Regardless on how the NOC in financed key criteria for success are
    • Transparency & Accountability mechanism
    • Clear definitions of tasks and path for development of NOC activities overtime
    • Limitation of borrowing by NOC's

Download Presentation

« Back to List