law 66, 19 1953

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in 81 oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

Data and Resources

Additional Info

Field Value
Extractive Sector Oil and Gas
Country Egypt
Year 1953
Natural Resource Charter Precept Precept 2: Accountability and Transparency, Precept 3: Exploration and License Allocation, Precept 4: Taxation, Precept 6: Nationally Owned Resource Companies
Document Type Statute
RGI Sub-component Taxation
RGI Questions 1.1.3c: Prior to each license process, is the licensing authority required to disclose the rules governing the licensing process, such as auction or negotiation rules?,
1.1.10d: Is the legislature required to ratify licenses/contracts?,
1.2a: What is the fiscal system for extractive resources?,
1.2.5b: Do rules specify the royalty rate(s) applying to extractive companies?,
1.2.5c: Do rules specify the level of state equity (or options for state equity such as carried interest) in extractive companies ?,
1.2.5e: For countries using production sharing agreements, do rules specify the company and government production shares?,
1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?,
1.4.7b: Are there rules that determine the prices at which the SOE should sell its production?,
1.4.7d: Are there rules that require the SOE or government to publicly disclose information on the sale of production by the SOE?
Did this document contribute to RGI scoring? Used for scoring
Are the RGI questions here tagged with law and/or practice Law
Publisher Prime minister's office
Author
Source or API link http://www.petroleum.gov.eg/ar/Laws/PublicLaws/Laws/%D9%82%D8%A7%D9%86%D9%88%D9%86%20%D8%B1%D9%82%D9%85%2066%20%D9%84%D8%B3%D9%86%D8%A9%201953.pdf
Version 2017 Resource Governance Index
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute