Originally published in 1984, this study focuses on petroleum agreements between non-OPEC LDCs with oil-importing LDCs and how issues such as high oil prices affect each country. The information presented in this study was drawn from interviews with petroleum officials in petroleum companies, petroleum ministries and unpublished documents such as contracts and focussing on case studies of countries such as Peru, Guatemala and Malaysia. This title will be of interest to students of environmental studies and economics.

Raymond F. Mikesell

Preface; 1. Introduction; Part 1: General Analysis; 2. The Petroleum Potential of Non-OPEC Countries 3. Evolution of Petroleum Contracts Between Host Governments and the International Petroleum Companies 4. The Effects of Alternative Fiscal Arrangements on Host Country Returns and Petroleum Investments; Part 2: Case Studies of Modern Contractual Arrangements; 5. Indonesia's Petroleum Agreements: The Evolution of the Production-Sharing Contract (PSC) 6. Peru's Production-Sharing Contracts 7. Guatemala's Production-Sharing Contracts 8. The Production-Sharing Contracts of Malaysia, The Phillipines, and Egypt 9. The Service Contracts 10. The Joint Venture and the Modern Concession Agreement; Part 3: U.S. Government and International Agency Programs and Policies; 11. U.S. Government Policies and Activities Relating to Petroleum Development in the Non-OPEC LDCs 12. Promotion of Petroleum Development in the Oil-Importing Developing Countries by International Agencies 13. Conclusions; Index.