Your English writing platform
Discover LudwigSuggestions(1)
Exact(4)
Sudan is demanding a $36 per barrel fee, citing the costs of processing the oil and various fees and services.
The Congressional Budget Office estimates that the $2 per barrel fee on oil and a similar fee on natural gas could bring in $22.5 billion over 10 years.
Iraq has structured deals to develop all its gas and oil fields that pay a per barrel fee over a 20-year contract in return for medium-term efficiencies introduced by private companies that it could not hope to achieve by itself.
A forthcoming White House proposal to put a $10 per barrel fee on oil essentially amounts to a partial tax on carbon.
Similar(53)
It would be paid with a small increase in the per-barrel fee oil companies pay into the oil spill liability fund.
Companies prefer these contracts to the service deals that Baghdad has offered, which give companies a per-barrel fee for renovating old fields like West Qurna.
They noted that the Chinese, unlike many Western oil companies, are willing to accept service contracts at a very low per barrel oil fee without the promise of rights to future reserves.
In the rest of the country only service contracts are offered, in which the companies get a flat fee per barrel.
But where PSAs would give the companies an equity stake, these contracts provide reimbursements and fixed fees per barrel produced.
The winners will be paid a set fee for each barrel they deliver that is above current levels of production.
The contract stipulates that the company receive a fee for every barrel of oil produced, rather than an equity interest in the oil field, as it would have under the original agreement with Mr. Hussein's government.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com