national oil companies and value creation-world bank group in Tanzania

The MIT Press BookstoreNational Oil Companies and Value Creation (World Bank

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The World BankNational oil companies and value creation (Vol. 3 of 3) The

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Academia.eduNational Oil Companies and Value Creation

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Open Knowledge RepositoryNatural Oil Companies and Value Creation World Bank

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Academia.eduStrategic significance of national oil companies: lessons

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World Bank GroupTanzania Economic Update: How to Transform

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The World BankWorld Bank Document

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The World BankWorld Bank Document

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World Bank GroupTanzania Economic Update (TEU) World

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The World BankWorld Bank Document

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Tags: , , , ,
  • What is national oil companies & value creation?
  • ational Oil Companies and Value Creation ispart of the World Bank Working Papers series. These papers are published to communicate the results of the Bank’s ongoing research andto stimulate public discussion. National Oil Companies (NOCs) directly or indirectly control the majority of oil and gasreserves.
  • What role does Tanzania National Oil Company play in promoting local content?
  • The Tanzania National Oil Company plays two roles: the commercial and socio-economic roles involving the promotion of local content policies. However, due to the unclear focus of the National Oil Company within the broader commercial role, it is difficult for the NOC to establish 'core competencies' over time.
  • Why is national oil companies and value creation 27 important?
  • National Oil Companies and Value Creation 27 was partly based on the size of the NOCs (often the largest local enterprise) and thesignificant rents, particularly in the upstream. But many have argued that the pursuit ofmany, often conflicting objectives imposes costs on NOCs and reduce their incentive tomaximize profits.
  • What is the mission of national oil companies & value creation (NOC)?
  • National Oil Companies and Value Creation Mission Statement:The NOC hasnopublicly stated mission. The following wastaken from the 2006annual report, whichincludes a visionfrom the President ofIndia.
  • What is the broader governance context of the petroleum sector in Tanzania?
  • The broader governance context of Tanzania's petroleum sector has been redefined through the enactment of three recent pieces of legislation*. Some of these legislations, including the role of the National Oil Company, are only beginning to be enforced.*
  • What is a National Oil Company (NOC)?
  • Today national oil companies (NOCs) control approximately 90 percent of theworld’s oil reserves and 75 percent of production (similar numbers apply to gas), as wellas many of the major oil and gas infrastructure systems. This can be directly as producers or as the “gatekeepers” for exploitation by private oil companies (POCs).