The Efficacy of Dispute Resolution Provisions in Uganda's Production Sharing Agreements and Developing Uganda's Upstream Oil and Gas Sector PDF Download
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Author: Caleb Alaka
Publisher: GRIN Verlag
ISBN: 3346426270
Category : Law
Languages : en
Pages : 157
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Book Description
Master's Thesis from the year 2021 in the subject Law - Miscellaneous, Uganda Christian University (School of Research and Post Graduate Studies), course: LLM, language: English, Middle (1100-1500), abstract: This Research will focus on the efficacy of the dispute resolution mechanisms including legal and non-legal nature in Uganda’s Model PSA. The researcher evaluated, resolved and examined the ADRs and legal forms by using primary, and secondary sources to do qualitative and quantitative analysis. This study also described the rules, procedures and limitations of dispute resolution mechanisms in the MPSA. This research will recommend that the scope of disputes to be resolved through arbitration under Uganda’s Model PSA’s should be widened, further that arbitration should be taught to all lawyers as continued legal education process and it will also recommend that institutions like CADER AND ICAMEK be strengthened and our Arbitration and Conciliation Act of 2000 and its rules be revised to meet international standards so as to be relevant in the oil and gas industry and to make it effective in resolving oil and gas disputes. Dispute Resolutions are key to the development of not only a sector like oil and gas but has a direct correlation with the development of an economy. Key among the dispute resolution mechanism is Alternative Dispute Resolution (ADR), also described as the non-legal nature of dispute resolution. ADR has become the norm in resolving conflicts between IOC’s and States in dealing with oil and gas disputes. This is so because it provides a quick and confidential mechanism of resolution of disputes and it can be done in a place or seat agreed by the parties. As a result, it is one of the key considerations in attracting investments unlike the traditional litigation system whose appellate processes are long and in most cases beleaguered with accusations of corruption especially in developing Countries. Uganda like many other jurisdictions has a robust legal framework aimed at enhancing alternative dispute resolutions and it’s a party to many conventions for example, the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the New York Convention), ICSID and the UNCITRAL Model Law on International Commercial Arbitration and its home based legislations which are key to facilitating alternative dispute resolution. Provisions for Alternative Dispute Resolution are included in the PSAs Models of Uganda as a way of encouraging dispute resolutions in Uganda’s oil and gas sector.
Author: Caleb Alaka
Publisher: GRIN Verlag
ISBN: 3346426270
Category : Law
Languages : en
Pages : 157
Get Book
Book Description
Master's Thesis from the year 2021 in the subject Law - Miscellaneous, Uganda Christian University (School of Research and Post Graduate Studies), course: LLM, language: English, Middle (1100-1500), abstract: This Research will focus on the efficacy of the dispute resolution mechanisms including legal and non-legal nature in Uganda’s Model PSA. The researcher evaluated, resolved and examined the ADRs and legal forms by using primary, and secondary sources to do qualitative and quantitative analysis. This study also described the rules, procedures and limitations of dispute resolution mechanisms in the MPSA. This research will recommend that the scope of disputes to be resolved through arbitration under Uganda’s Model PSA’s should be widened, further that arbitration should be taught to all lawyers as continued legal education process and it will also recommend that institutions like CADER AND ICAMEK be strengthened and our Arbitration and Conciliation Act of 2000 and its rules be revised to meet international standards so as to be relevant in the oil and gas industry and to make it effective in resolving oil and gas disputes. Dispute Resolutions are key to the development of not only a sector like oil and gas but has a direct correlation with the development of an economy. Key among the dispute resolution mechanism is Alternative Dispute Resolution (ADR), also described as the non-legal nature of dispute resolution. ADR has become the norm in resolving conflicts between IOC’s and States in dealing with oil and gas disputes. This is so because it provides a quick and confidential mechanism of resolution of disputes and it can be done in a place or seat agreed by the parties. As a result, it is one of the key considerations in attracting investments unlike the traditional litigation system whose appellate processes are long and in most cases beleaguered with accusations of corruption especially in developing Countries. Uganda like many other jurisdictions has a robust legal framework aimed at enhancing alternative dispute resolutions and it’s a party to many conventions for example, the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the New York Convention), ICSID and the UNCITRAL Model Law on International Commercial Arbitration and its home based legislations which are key to facilitating alternative dispute resolution. Provisions for Alternative Dispute Resolution are included in the PSAs Models of Uganda as a way of encouraging dispute resolutions in Uganda’s oil and gas sector.
Author: Kirsten Bindemann
Publisher:
ISBN: 9781901795158
Category : Oil and gas leases
Languages : en
Pages : 93
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Book Description
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1498340067
Category : Business & Economics
Languages : en
Pages : 82
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Book Description
Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors, according to a new policy paper from the International Monetary Fund. Revenues from extractive industries (EIs) have major macroeconomic implications. The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries. About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación
Author: David G. Victor
Publisher: Cambridge University Press
ISBN: 1139502883
Category : Political Science
Languages : en
Pages : 1035
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Book Description
National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.
Author: Arnim Langer
Publisher: Leuven University Press
ISBN: 9462702004
Category : Social Science
Languages : en
Pages : 396
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Book Description
Multidisciplinary perspectives to governance of oil in African countries Large quantities of oil were discovered in the Albertine Rift Valley in Western Uganda in 2006. The sound management of these oil resources and revenues is undoubtedly one of the key public policy challenges for Uganda as it is for other African countries with large oil and/or gas endowments. With oil expected to start flowing in 2021, the current book analyses how this East African country is preparing for the challenge of effectively, efficiently, and transparently managing its oil sector and resources. Adopting a multidisciplinary, comprehensive, and comparative approach, the book identifies a broad scope of issues that need to be addressed in order for Uganda to realise the full potential of its oil wealth for national economic transformation. Predominantly grounded in local scholarship and including chapters drawing on the experiences of Nigeria, Ghana, and Kenya, the book blazes a trail on governance of African oil in an era of emerging producers. Oil Wealth and Development in Uganda and Beyond will be of great interest to social scientists and economic and social policy makers in oil-producing countries. It is suitable for course adoption across such disciplines as International/Global Affairs, Political Economy, Geography, Environmental Studies, Economics, Energy Studies, Development, Politics, Peace, Security and African Studies. Contributors: Badru Bukenya (Makerere University), Moses Isabirye (Busitema University), Wilson Bahati Kazi (Uganda Revenue Authority), Corti Paul Lakuma (Economic Policy Research Centre), Joseph Mawejje (Economic Policy Research Centre), Pamela Mbabazi (Uganda National Planning Authority), Martin Muhangi (independent researcher), Roberts Muriisa (Mbarara University of Science and Technology), Chris Byaruhanga Musiime (independent researcher), Germano Mwabu (University of Nairobi), Jackson A. Mwakali (Makerere University), Tom Owang (Mbarara University of Science and Technology), Joseph Oloka-Onyango (Makerere University), Peter Quartey (University of Ghana), Peter Wandera (Transparency International Uganda), Kathleen Brophy (Transparency International Uganda), Jaqueline Nakaiza (independent researcher), Babra Beyeza (independent researcher), Jackson Byaruhanga (Bank of Uganda), Emmanuel Abbey (University of Ghana).
Author: Department of Economic & Social Affairs
Publisher: United Nations Publications
ISBN: 9789211045871
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.
Author: Nzila Masunga Masunga
Publisher: GRIN Verlag
ISBN: 3668484023
Category : Business & Economics
Languages : en
Pages : 66
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Book Description
Seminar paper from the year 2014 in the subject Business economics - Law, , language: English, abstract: This paper argues that, although the government is fully confident that there has been enough exploration success to justify higher government take and increase other socio-economic benefits under the new terms, there remain challenges towards encouraging foreign investment in petroleum exploration and development activities in the country. A critical aspect of an oil and gas exploration and production agreement is balancing the interests of the state and investors. The broad objective of any resource rich government is to insure that it maximizes as much revenues as possible from its natural resource and insuring that there is always an appropriate level of investment in exploration and development activities in the country. The investors on the other hand are interested to maximize as much profit as possible by minimizing the costs, quick recovery of these costs and working with stable governments. In order to ensure a sustainable development of exploration and development activities in the country these varying state and investor’s interest has to be balanced.
Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158
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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Author: Barbara J. Lausche
Publisher: IUCN
ISBN: 2831712459
Category : Law
Languages : en
Pages : 400
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Book Description
The central aim of this publication is to consider the key elements of a modern, comprehensive, and effective legal framework for successful management of protected areas. They provide practical guidance for all those involved in developing, improving, or reviewing national legislation on protected areas, be they legal drafters and practitioners, protected area managers, interested NGOs, or scholars. These guidelines include fifteen case studies, eight dealing with the protected area legislation of individual countries and six cases dealing with specific sites providing fundamental solutions that stand the test of time.
Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 0821399349
Category : Business & Economics
Languages : en
Pages : 197
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Book Description
A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector—the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.
