World Bank Guarantees for Oil and Gas Projects
Private investors are considering several large-scale oil and gas production, pipeline, and cross-border pipeline projects in developing countries, including in West Africa and in the Caspian Sea region. While the World Bank and the International M...
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| Format: | Viewpoint |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1998/11/441578/world-bank-guarantees-oil-gas-projects http://hdl.handle.net/10986/11528 |
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okr-10986-115282021-06-14T11:03:50Z World Bank Guarantees for Oil and Gas Projects Sinclair, Scott PRIVATIZATION BANK GUARANTEES DEVELOPING COUNTRIES PRIVATE SECTOR PARTICIPATION OIL & GAS EXPLORATION RISKS CONCESSIONS GOVERNMENT COMMITMENTS PROJECT FINANCE RISK INSURANCE PRIVATE SPONSORS PROJECT FINANCE ACCOUNTING ACCOUNTING PROCEDURES AUTHORIZATION BALANCE SHEETS BANK BANK ACCOUNTS BANK GUARANTEES BANK PROCEDURES CAPITAL REQUIREMENTS CENTRAL BANK COMMITMENT COMMITMENTS CONCESSION CONCESSIONS DEBT DISCLOSURE ECO ECONOMIC EQUILIBRIUM ENABLING ENVIRONMENTS EXPENDITURES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GOVERNMENT REVENUE GUARANTEES INCOME INSURANCE INVENTORY LEGISLATION LENDERS LOAN LOCAL FINANCING MATURITIES MULTILATERAL INVESTMENT GUARANTEE AGENCY OIL PARTIAL RISK GUARANTEE POLITICAL RISK PRIVATE COSTS PRIVATE SECTOR INVOLVEMENT PRIVATE SECTOR SPONSORS PROJECT SPONSORS SAVINGS SPONSOR STATE ENTERPRISE TAL TAXATION TRANSPARENCY TRANSPORT Private investors are considering several large-scale oil and gas production, pipeline, and cross-border pipeline projects in developing countries, including in West Africa and in the Caspian Sea region. While the World Bank and the International Monetary Fund are well known for their work in helping to create enabling environments for foreign investment in large infrastructure projects, by supporting reform in such areas as taxation and energy legislation, this Note focuses on a different role for the World Bank -- encouraging private sector involvement in large-scale oil and gas projects by providing guarantees in direct support of the government contractual undertakings that may be needed to induce foreign direct investment in these projects. World Bank guarantees offer a unique type of risk mitigation that may prove to be a catalyst in raising finance for these projects. 2012-08-13T15:18:41Z 2012-08-13T15:18:41Z 1998-11 http://documents.worldbank.org/curated/en/1998/11/441578/world-bank-guarantees-oil-gas-projects Viewpoint. -- Note no. 157 (November 1998) http://hdl.handle.net/10986/11528 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
PRIVATIZATION BANK GUARANTEES DEVELOPING COUNTRIES PRIVATE SECTOR PARTICIPATION OIL & GAS EXPLORATION RISKS CONCESSIONS GOVERNMENT COMMITMENTS PROJECT FINANCE RISK INSURANCE PRIVATE SPONSORS PROJECT FINANCE ACCOUNTING ACCOUNTING PROCEDURES AUTHORIZATION BALANCE SHEETS BANK BANK ACCOUNTS BANK GUARANTEES BANK PROCEDURES CAPITAL REQUIREMENTS CENTRAL BANK COMMITMENT COMMITMENTS CONCESSION CONCESSIONS DEBT DISCLOSURE ECO ECONOMIC EQUILIBRIUM ENABLING ENVIRONMENTS EXPENDITURES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GOVERNMENT REVENUE GUARANTEES INCOME INSURANCE INVENTORY LEGISLATION LENDERS LOAN LOCAL FINANCING MATURITIES MULTILATERAL INVESTMENT GUARANTEE AGENCY OIL PARTIAL RISK GUARANTEE POLITICAL RISK PRIVATE COSTS PRIVATE SECTOR INVOLVEMENT PRIVATE SECTOR SPONSORS PROJECT SPONSORS SAVINGS SPONSOR STATE ENTERPRISE TAL TAXATION TRANSPARENCY TRANSPORT |
| spellingShingle |
PRIVATIZATION BANK GUARANTEES DEVELOPING COUNTRIES PRIVATE SECTOR PARTICIPATION OIL & GAS EXPLORATION RISKS CONCESSIONS GOVERNMENT COMMITMENTS PROJECT FINANCE RISK INSURANCE PRIVATE SPONSORS PROJECT FINANCE ACCOUNTING ACCOUNTING PROCEDURES AUTHORIZATION BALANCE SHEETS BANK BANK ACCOUNTS BANK GUARANTEES BANK PROCEDURES CAPITAL REQUIREMENTS CENTRAL BANK COMMITMENT COMMITMENTS CONCESSION CONCESSIONS DEBT DISCLOSURE ECO ECONOMIC EQUILIBRIUM ENABLING ENVIRONMENTS EXPENDITURES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GOVERNMENT REVENUE GUARANTEES INCOME INSURANCE INVENTORY LEGISLATION LENDERS LOAN LOCAL FINANCING MATURITIES MULTILATERAL INVESTMENT GUARANTEE AGENCY OIL PARTIAL RISK GUARANTEE POLITICAL RISK PRIVATE COSTS PRIVATE SECTOR INVOLVEMENT PRIVATE SECTOR SPONSORS PROJECT SPONSORS SAVINGS SPONSOR STATE ENTERPRISE TAL TAXATION TRANSPARENCY TRANSPORT Sinclair, Scott World Bank Guarantees for Oil and Gas Projects |
| relation |
Viewpoint |
| description |
Private investors are considering
several large-scale oil and gas production, pipeline, and
cross-border pipeline projects in developing countries,
including in West Africa and in the Caspian Sea region.
While the World Bank and the International Monetary Fund are
well known for their work in helping to create enabling
environments for foreign investment in large infrastructure
projects, by supporting reform in such areas as taxation and
energy legislation, this Note focuses on a different role
for the World Bank -- encouraging private sector involvement
in large-scale oil and gas projects by providing guarantees
in direct support of the government contractual undertakings
that may be needed to induce foreign direct investment in
these projects. World Bank guarantees offer a unique type of
risk mitigation that may prove to be a catalyst in raising
finance for these projects. |
| format |
Publications & Research :: Viewpoint |
| author |
Sinclair, Scott |
| author_facet |
Sinclair, Scott |
| author_sort |
Sinclair, Scott |
| title |
World Bank Guarantees for Oil and Gas Projects |
| title_short |
World Bank Guarantees for Oil and Gas Projects |
| title_full |
World Bank Guarantees for Oil and Gas Projects |
| title_fullStr |
World Bank Guarantees for Oil and Gas Projects |
| title_full_unstemmed |
World Bank Guarantees for Oil and Gas Projects |
| title_sort |
world bank guarantees for oil and gas projects |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1998/11/441578/world-bank-guarantees-oil-gas-projects http://hdl.handle.net/10986/11528 |
| _version_ |
1764417059928670208 |