The Lebanese Center LCPS for Policy Studies Licensing and Upstream LCPS policy papers are in-depth research papers that address relevant policy questions and Petroleum Fiscal Regimes: shed fresh light on topics related to governance and Assessing Lebanon’s Choices development. Carole Nakhle Policy Paper Founded in 1989, the Lebanese Center for Policy Studies is a Beirut-based independent, non-partisan think-tank whose mission is to produce and advocate policies that improve good governance in fields such as oil and gas, economic development, public finance and decentralization. This research was funded by the International Development Research Center Copyright© 2015 The Lebanese Center for Policy Studies Designed by Polypod Executed by Hamsa Moubayed Sadat Tower, Tenth Floor P.O.B 55-215, Leon Street, Ras Beirut, Lebanon T: + 961 1 79 93 01 F: + 961 1 79 93 02
[email protected] www.lcps-lebanon.org Licensing and Upstream Petroleum Fiscal Regimes: Assessing Lebanon’s Choices Carole Nakhle Carole Nakhle is the director of Crystol Energy (UK). As an energy economist, she has more than eighteen years of experience in international petroleum contractual arrangements and fiscal regimes for the oil and gas industry, world oil and gas market developments, energy policy, and revenue management. She has worked in the oil and gas industry (Eni and Statoil), policy making (Special Parliamentary Advisor in the House of Lords), academia (University of Surrey), and as a consultant to the IMF, World Bank, and Commonwealth Secretariat. Dr. Nakhle is a research fellow at the Lebanese Center for Policy Studies and a scholar at the Carnegie Middle East Center.