1st Edition

Redesigning Petroleum Taxation Aligning Government and Investors in the UK

By Emre Üşenmez Copyright 2019
196 Pages
by Routledge

196 Pages 13 B/W Illustrations
by Routledge

Since its inception some 40 years ago, petroleum-specific taxation in the UK has been subject to numerous modifications. Often these modifications were brought into place not only to sufficiently incentivise the investors but also to capture a fair share for the government. However, it is evident from the frequency of changes that finding the right balance between these two aims is no easy... Read more

1: Introduction;  2: Government’s Rationale for Fiscal Reform;  3: The UKCS Fiscal Regime Prior to the Fiscal Review and the Case for Its Reform;  4: The post-Fiscal Review Reforms;  5: The New UKCS Fiscal Regime: A Proposal for Reform;  6: Conclusion

Biography

Emre Üşenmez is a petroleum economist and a legal expert in the upstream oil and gas sector. He is a Senior Lecturer in Finance at the University of Aberdeen’s AFG College and a Senior Lecturer in Law at the University of Aberdeen Law School. Until August 2018 he also served as Dean for Internationalisation focussing on China and East Asia at the University of Aberdeen. He is also an associate at the Aberdeen Energy Institute and Aberdeen University Centre for Energy Law (AUCEL). Prior to joining the University of Aberdeen, he worked in the natural resources sector in Azerbaijan and has significant experience working with the staff of national ministries, and state and private oil companies around the world.



 



He is a Fellow of the Higher Education Academy and holds a PhD in Economics, Finance and Law, an MSc in Petroleum, Energy Economics and Finance, and an LLM in Oil & Gas Law from the University of Aberdeen. He also holds a BSc in Economics and a BA in Political Science from North Carolina State University.