1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Italy Upstream Fiscal and Regulatory Report - Regulatory Barriers to Remain an Issue for Project Development

Italy Upstream Fiscal and Regulatory Report - Regulatory Barriers to Remain an Issue for Project Development

Summary

“Italy Upstream Fiscal and Regulatory Report - Regulatory Barriers to Remain an Issue for Project Development”, presents the essential information relating to the terms which govern investment into Italy’s upstream oil and gas sector. The report sets out in detail the contractual framework under which firms must operate in the industry, clearly defining factors affecting profitability and quantifying the state’s take from hydrocarbon production. Considering political, economic and industry specific variables, the report also analyses future trends for Italy’s upstream oil and gas investment climate.

Scope

- Overview of current fiscal terms governing upstream oil and gas operations in Italy
- Assessment of the current fiscal regime’s state take and attractiveness to investors
- Charts illustrating the regime structure, and legal and institutional frameworks
- Detail on legal framework and governing bodies administering the industry
- Levels of upfront payments and taxation applicable to oil and gas production
- Information on application of fiscal and regulatory terms to specific licenses
- Outlook on future of fiscal and regulatory terms in Italy

Reasons to buy

- Understand the complex regulations and contractual requirements applicable to Italy’s upstream oil and gas sector
- Evaluate factors determining profit levels in the industry
- Identify potential regulatory issues facing investors in the country’s upstream sector
- Utilize considered insight on future trends to inform decision-making

Table Of Contents

Italy Upstream Fiscal and Regulatory Report - Regulatory Barriers to Remain an Issue for Project Development
1 Table of Contents
1 Table of Contents 1
1.1 List of Tables 2
1.2 List of Figures 2
2 Regime Overview 3
3 State Take Assessment 5
4 Key Fiscal Terms 7
4.1 Upfront Payments 7
4.1.1 Surface Fees 7
4.1.2 Royalty 7
4.2 Direct Taxation 8
4.2.1 Corporate Income Tax 8
4.2.2 IRES Surcharge (2008-2015) 8
4.2.3 Regional Tax 9
4.2.4 Deductions and Depreciation 10
4.2.5 Withholding Tax 10
4.3 Indirect Taxation 10
4.3.1 Value-Added Tax 10
4.3.2 Import Duty 10
4.3.3 EU Emissions Trading Scheme 10
5 Regulation and Licensing 11
5.1 Legal Framework 11
5.1.1 Governing Law 11
5.1.2 Contract Type 11
5.1.3 Title to Hydrocarbons 11
5.2 Institutional Framework 12
5.2.1 Licensing Authority 12
5.2.2 Regulatory Agency 12
5.2.3 National Oil Company 12
5.3 Licensing Process 13
5.4 License Terms 13
5.4.1 Duration 13
5.4.2 Regional Regulations 13
5.4.3 Offshore Activity Regulations 13
6 Outlook 14
7 Contact Information 15

1.1 List of Tables
Table 1: Summary 3
Table 2: Italy, Annual Surface Fees, 2015 7
Table 3: Italy, Annual Royalty-Exempt Production Volumes, 2016 7
Table 4: Italy - Onshore Sicily, Royalty Rate (%), 2001-2016 8
Table 5: Italy, IRES Rates (%), 1981-2013 8
Table 6: Italy, IRES Surcharge Rate (%), 2008-2015 8
Table 7: Italy, National IRAP Base Rate (%), 1997-2016 9
Table 8: Italy, Regional IRAP Rates (%), 2015 9
Table 9: Italy, Tangible Asset Depreciation Rates (%), Fossil Fuels Sector, 1996-present 10

1.2 List of Figures
Figure 1: Regime Flow Chart 4
Figure 2: Italy, Indicative State Take Comparison - Internal, 2016 5
Figure 3: Italy, Indicative NPV10/boe, IRR and State Take Comparison - Regional, 2016 6
Figure 4: Italy, Legal Framework 11
Figure 5: Italy, Institutional Framework 12

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
Machine Condition Monitoring Market by Monitoring Type, Offering, Industry, Monitoring Process, and Geography - Global Forecast to 2022

Machine Condition Monitoring Market by Monitoring Type, Offering, Industry, Monitoring Process, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • November 2016
  • by MarketsandMarkets

“Machine condition monitoring market to exhibit a significant growth potential between 2016 and 2022” The machine condition monitoring market is expected to grow at a CAGR of 7.0% between 2016 and ...

Butane Market Analysis By Application (LPG (Residential/Commercial, Chemical/ Petrochemical, Industrial, Auto fuel, Refinery), Petrochemicals, Refineries),Trends & Dynamics, Competitive Landscape, And Segment Forecasts, 2014 - 2025

Butane Market Analysis By Application (LPG (Residential/Commercial, Chemical/ Petrochemical, Industrial, Auto fuel, Refinery), Petrochemicals, Refineries),Trends & Dynamics, Competitive Landscape, And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • December 2016
  • by Grand View Research

The global butane market size is expected to reach USD 81.62 billion by 2025, according to a new report by Grand View Research, Inc. Increasing monetary assistance from respective governments in the form ...

Catalysts Markets in China

Catalysts Markets in China

  • $ 4000
  • Industry report
  • January 2017
  • by Asia Market Information & Development Company

China’s demand for Catalysts has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.