Video: Oil Price Impacts Fiscal Policy, Contract Negotiations
The ongoing slack in oil has exerted pressure and shed light on many producer countries, which struggle to attract investment and fight to secure favorable contract terms. Dr. Carole Nakhle, founder of advisory firm Crystol Energy, spoke with NRGI’s Thomas Lassourd at our annual conference in June about Algeria, Iran, Iraq, Egypt, and other countries, and the contractual and fiscal issues they face as commodity prices remain depressed.