Oil, Gas, and Mining

Page 303

in supporting producers, awareness raising and in campaigning for changes in the rules and practice of conventional international trade” (Fair Trade 2009).

NOTES

1. Officially known as Transforming Our World: The 2030 Agenda for Sustainable Development. See https://sustainable development.un.org/index.php?page=view&type=111&nr =8496&menu=35. 2. Examples include McKinsey Global Institute 2013; Barma et al. 2012, particularly chapters 5 and 6; AUC and UNECA 2011; and Stanley and Mikhaylova 2011, which touches on the subject of mine-related infrastructure; and IFC 2013, page 1. 3. This dissatisfaction is documented in many sources from the governments themselves, most notably in the African Mining Vision (AU 2009). See also citations throughout chapter 2 of the Sourcebook. 4. Nigerian Oil and Gas Industry Content Development Act, 2010. http://www.placng.org/new/laws/NIGERIAN%20 OIL%20AND%20GAS%20INDUSTRY%20 CONTENT%20DEVELOPMENT%20ACT,%202010.pdf. 5. Ghana Petroleum (Local Content and Local Participation) Regulations 2013 L.I. 2204. http://www .reportingoilandgas.org/wp-content/uploads/PETRO L E U M LO C A L- C O N T E N T- A N D - LO C A L- PA RT I C IPATION-REGULATIONS2013.pdf. 6. Mineral Development Agreement between the Government of the Republic of Liberia, China-Union (Hong Kong) Mining Co. Ltd., and China-Union Investment (Liberia) Bong Mines Co. Ltd. Dated January 19, 2009, article 11.1 (a): http://www.leiti.org.lr/uploads/2/1/5/6/21569928 /152412379-mineral-development-agreement-between-the -government-of-the-republic-of-liberia-china-union-hong -kong-mining-co-ltd-and-china-union-investment.pdf. 7. Investment Agreement between the Government of Mongolia and Ivanhoe Mines Mongolia Inc LLC and Ivanhoe Mines Ltd and Rio Tinto International Holdings Limited, October 6, 2009, articles 8.4 and 8.5. http://www.turquoisehill .com/i/pdf/Oyu_Tolgoi_IA_ENG.PDF. 8. Qara Zaghan Gold Project Contract between Afghan Krystal Natural Resources Company and the Ministry of Mines of the Islamic Republic of Afghanistan, 2011, article 14.1. https://mom.gov.af/Content/files/Mineral%20Contracts /File_211_QaraZaghan_Contract-English.pdf. 9. Republic of Ghana, Ministry of Energy, Local Content and Local Participation—Policy Framework, February 26, 2010. http://ghanaoilwatch.org/images/laws/local_content _policy.pdf

10. Nigerian Oil and Gas Industry Content Development Act, 2010. http://www.placng.org/new/laws/NIGERIAN%20 OIL%20AND%20GAS%20INDUSTRY%20 CONTENT%20DEVELOPMENT%20ACT,%202010.pdf. 11. For examples of local content laws and contractual provisions see “Local Content Laws and Contractual Provisions,” Columbia Center on Sustainable Development. http://ccsi .columbia.edu/wor k/pro jects/local-content -laws -contractual-provisions/. 12. Law on Mineral and Coal Mining, Law NQ.4/2009, January 12, 2009. http://faolex.fao.org/docs/pdf/ins85947.pdf. 13. Investment Agreement between the Government of Mongolia and Ivanhoe Mines Mongolia Inc LLC and Ivanhoe Mines Ltd and Rio Tinto International Holdings Limited, October 6, 2009: http://www.turquoisehill.com/i/pdf/Oyu _Tolgoi_IA_ENG.PDF 14. See RWI et al. 2014, Mining Contracts: How to Read and Understand Them, 159–60. In the second category, the authors refer to “the challenge of monitoring compliance” and “the consequences of a breach.” 15. DAI Energy and Resources Group. 2016. “Assessing the Local Content Landscape for Liquefied Natural Gas in Tanzania.” http://dai.com/sites/default/files/erg/wb.pdf. 16. African Development Bank 2016. “Industrialization Strategy for Africa.” http://www.afdb.org/en/news-and-events /article/board-approves-afdb-groups -industrialisation -strategy-for-africa-2016-2025-15981/. 17. This view was proposed by a leading mining lawyer, M. Stephane Brabant, in a presentation to the mining indaba at Cape Town, February 4, 2013, “Resources for Infrastructure Swaps.” https://www.google.co.uk/#q=Brabant+Stephane+ infrastructure+mines. 18. For a discussion of the resource corridor concept and analysis of several case-studies, see Mtegha et al. 2012. 19. For a discussion of this see Toledano et al. 2014. 20. Concern about this is the motivation behind the Integrated Resource Corridors Initiative of 2015, funded by the U.K. Department of International Development and carried out by the World Wide Fund for Nature and Adam Smith International. 21. For a more detailed overview of the environmental effects of the oil and gas industry, see Waskow and Welch 2010. 22. For a recent review of gas flaring rules and practices, with a case study of Kazakhstan, see Nurbekov and Van de Putte 2014. 23. For more on the Global Gas Flaring Reduction Partnership, see its website, http://web.worldbank.org / WBSITE/EXTERNAL/TOPICS/EXTOGMC/EXTGGFR /0,,menuPK:578075~pagePK:64168427~piPK:64168435 ~theSitePK:578069,00.html.

CHAPTER 9: SUSTAINABLE DEVELOPMENT IMPLEMENTATION

283


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10.1 Environmental and Social Institutional Arrangements

3min
page 316

10.6 Response 3: Accountability—Stakeholder Consultation and Participation

3min
page 315

10.5 Response 2: Effective Implementation, Monitoring, and Enforcement

3min
page 314

10.4 Response 1: Appropriate and Adequate Rules

3min
page 313

Notes

6min
pages 303-304

9.11 Goal Setting and Community Participation

11min
pages 298-300

9.7 Summary and Recommendations

7min
pages 301-302

9.10 Social Impacts: Special Issues

3min
page 297

9.9 Essentials of a Good Environmental Protection Regime

19min
pages 292-296

9.8 Challenges Associated with Artisanal and Small-Scale Mining (ASM

3min
page 291

9.6 The Responses

7min
pages 289-290

9.7 Decommissioning and Environmental Protection Plans

3min
page 288

9.5 Tools: Legal and Regulatory

30min
pages 280-287

9.6 Potential Opportunities Generated by ASM

3min
page 279

9.5 Reframing the ASM Debate: Integrating It into the EI Value Chain

3min
page 278

9.3 The Deepwater Horizon Oil Spill

11min
pages 273-275

Areas and Critical Ecosystems (PACE

7min
pages 276-277

9.4 Challenge 2: Environmental and Social Impacts

4min
page 272

9.2 Objectives of the Parties to an Infrastructure Project

2min
page 271

9.1 Liberia: Open Access Regime in Mineral Development Agreements

11min
pages 268-270

Investments Create Positive and Sustainable Impacts

23min
pages 262-267

9.2 Two Key Challenges

3min
page 261

8.4 Civil Society–Led Initiatives

3min
page 252

8.5 Private Sector–Led Initiatives

3min
page 253

8.6 Emerging Global Norms and Standards

3min
page 251

8.3 The Seven Requirements of the EITI Standard

5min
pages 249-250

8.5 Transparency Initiatives

3min
page 248

8.2 EIs and Social Accountability

2min
page 247

8.4 Challenges and Special Issues

3min
page 244

8.1 Balancing Transparency Interests: Opposing Dodd-Frank

7min
pages 245-246

Other Resources

1min
pages 238-240

8.2 Definition and Scope

3min
page 242

8.3 The Benefits of Transparency

3min
page 243

Notes

8min
pages 232-233

7.4 Examples of Revenue-Sharing Formulas

17min
pages 226-230

7.9 Revenue Allocation and Subnational Issues

3min
page 225

7.8 Spending Choices and Use of Government Revenues

16min
pages 221-224

7.7 Alternative Means of Addressing Volatility

4min
page 220

7.6 Addressing Volatility: Stabilization Funds

3min
page 218

7.3 Stabilization Funds: The Experience of Chile

3min
page 219

7.5 Alternative Means of Addressing Fiscal Sustainability

7min
pages 216-217

7.2 Savings Funds: Four Examples

6min
pages 214-215

7.3 Consume or Save?

10min
pages 205-207

6.5 What a Well-Designed Fiscal Regime Must Do

3min
page 197

7.1 Botswana and Chile: Experiences with Fiscal Rules

3min
page 208

7.2 Why Revenue Management is Difficult

3min
page 204

6.4 Routine Tax Administration: Challenges

7min
pages 194-195

6.7 Summary and Recommendations

3min
page 196

6.6 EI Fiscal Administration

3min
page 193

6.5 Special EI Fiscal Topics and Provisions

27min
pages 186-192

6.3 Elements for Action on Taxation of Transfer of EI Interest

3min
page 185

6.4 Main Fiscal Instruments under a Fiscal Regime

20min
pages 175-179

6.1 Forms of State Participation

13min
pages 180-183

6.2 Key Fiscal Objectives

13min
pages 170-173

6.3 The Main Types of EI Fiscal Systems

3min
page 174

5.4 Summary and Recommendations

3min
page 164

5.8 Unitization in Maritime Waters

32min
pages 156-163

5.6 Petroleum Sector Reform in Brazil

3min
page 150

5.5 Petroleum Reform in Colombia

3min
page 149

5.1 Institutional Structure: The Ministry and the Regulatory Agency

22min
pages 138-143

5.2 Mining Participation

3min
page 144

5.2 Organization in the Public Interest

5min
pages 136-137

5.3 NRC Success Stories

11min
pages 145-147

5.4 Petroleum Technical Assistance to South Sudan

3min
page 148

Notes

12min
pages 128-130

4.13 Taking Action: Recommendations and Tools

4min
page 127

4.12 Summary

4min
page 126

4.11 Disputes: Anticipating and Managing Them

8min
pages 122-123

4.11 Claims under Bilateral Investment Treaties (BITs

7min
pages 124-125

4.10 Contract Negotiations

3min
page 121

4.10 The Four Main Forms of Stabilization Clause

3min
page 120

4.9 Investment Guarantees: Stabilization

4min
page 119

4.8 Why Regulations Are Necessary

7min
pages 117-118

4.9 Geodata

23min
pages 111-116

4.7 The Award of Contracts and Licenses

3min
page 110

4.6 Contractual Provisions for Natural Gas

16min
pages 104-107

4.7 Model Mining and Development Agreement

3min
page 108

4.5 Local Benefit: The Kazakhstani Experience

7min
pages 102-103

4.4 Local Benefit

3min
page 101

4.8 Practices to Avoid

3min
page 109

4.6 Contracts and Licenses

31min
pages 93-100

4.5 Hydrocarbons and Mining Laws

27min
pages 86-92

4.3 Deep-Sea Mining

3min
page 85

4.2 Licensing across Shifting International Borders

3min
page 84

4.4 Policy Priorities

11min
pages 81-83

4.3 Eight Key Challenges

3min
page 80

4.1 Sovereignty over Natural Resources

3min
page 79

4.2 Getting Started: Facts of EI Life

3min
page 78

Other Resources

4min
pages 73-76

3.4 Convergence of Mining and Hydrocarbons?

16min
pages 67-70

3.3 Key Differences of the Industries

7min
pages 62-63

3.2 Features Specific to the Oil and Gas Sectors

2min
page 65

3.1 Key Differences between the Petroleum and Mining Sectors

3min
page 64

3.2 Common Features of the Industries

7min
pages 60-61

References

13min
pages 53-56

Other Resources

1min
pages 57-58

Notes

8min
pages 51-52

2.6 Conclusions

4min
page 50

1.2 The EI Value Chain

11min
pages 31-33

1.5 Our Approach

3min
page 34

1.4 Bridging the Knowledge Gap

3min
page 30

2.2 The Opportunities Arising from Resource Abundance

8min
pages 40-41

2.1 Changing Perspectives: Reframing the ASM Debate

3min
page 42

1.2 The Demand for Knowledge

4min
page 24

2.4 Understanding the Challenges: Changing Perspectives

8min
pages 47-48

2.5 Applying New Insights

4min
page 49
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