Oil_for_Development

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Oil for Development
The Norwegian experience
www.norway.info
OfD – our objective
• Assist developing countries with
petroleum resources in their efforts to
manage these resources in a way that
generates economic growth, promotes
the welfare of the population and is
environmentally sustainable
Core countries
Governance (clarity, long-term perspective, enablement,
untability, transparency)
OfD – how we work
• Assistance is based on requests from governments
• The requests will be assessed based on certain criteria, including;
petroleum potential, commitment to good governance of the petroleum
sector, relevance of Norwegian experiences and capacity within OfD
• OfD shares Norwegian experiences and international best practice. Each
country has to create its own policy based on own circumstances
• Long-term perspective
• Holistic approach
OfD – who we are
• The Steering Committee for the programme consists of four
government ministries (Ministry of Foreign Affairs, Petroleum and
Energy, Environment, and Finance), and is chaired by the Ministry of
Foreign Affairs
• The programme is coordinated by the Oil for Development secretariat in
Norad
• The main institutions involved in implementation of the programme are
the Norwegian Petroleum Directorate, the Norwegian Pollution Control
Authority, the Directorate for Nature Management, the ministries
represented in the Steering Committee, Petrad, consultancies and
research institutions
OfD – who we cooperate with
• Norwegian and international NGOs
• • The Extractive Industries Transparency Initiative (EITI)
• • World Bank, IMF, African Dev. Bank, UNDP
• • Norwegian and international oil and service companies where
appropriate
Resource Management
• • Strengthening of local institutions (ministries & directorates)
• • Development/assessment of petroleum legal frameworks
• • Framework for exploration and production of petroleum
• • Resource databases
• • Strategies for transparent licensing and tendering processes
• • Policies to stimulate technology
Environmental Management
• • Build environmental management capacity within the sector
• • Basic legislation, rules and regulations covering environmental
dimensions of the petroleum sector
• • Minimise discharges from activities
• • Environmental impact assessments
• • Manage gas flaring and other national/global climate challenges
Revenue Management
• • Design, management and control of tax
regimes for the extraction of oil and gas
(Government take)
• • Transparency and accountability around
payments by oil companies (EITI)
• • Planning and execution of government
budgets
• Management of the financial savings (oil
fund)
Lebanon OfD Programme
2007-2009
• Focus on Petroleum Policy
• Started work on Petroleum Law
• Several seminars
2009
• Continued work on Petroleum Law
Lebanon OfD Programme
2010-1012
• Complete the Petroleum Law, necessary regulations and agreements
• Organisation of the Petroleum Sector
• Preparations of Licensing round
• Seminars, Petrad 8 week course etc.
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