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Transparency and Accountability

Policy, Legal and Contractual Framework

Sector Organization and Institutions

Fiscal Design and Administration

Revenue Management and Distribution

Sustainable Development

CCSI Open Fiscal Modelling: focus on Africa

Alongside growing revenue and contract transparency, increasing model transparency is needed. Only with financial model transparency can relevant actors better assess whether contracts are balanced in terms of fiscal returns and understand when revenues start flowing to the government. CCSI strongly supports financial model transparency and has developed two open fiscal models which were launched at the 2016 EITI conference in Lima held in February of that year.

Translating Gas and LNG into Money 

With the new gas discoveries in East Africa and in the Levantine Basin comes the need for countries involved to better understand the gas value chain and how to structure complex and capital intensive Liquefied Natural Gas (LNG) projects for the benefit of the country. Having a fiscal model is key to enable this understanding.

Thomas Mitro of the University of Houston and CCSI have built the first open fiscal LNG model that allows users to test different LNG commercial structures, compare domestic gas use options and assess the impact of various fiscal tools along the gas value chain. A manual has been developed to explain some basic concepts around the LNG value chain and to help using this tool.  

Benchmarking Gold Mining Fiscal Regimes

With the support of IBISCCSI has developed a gold benchmarking model that allows users to compare 10 fiscal regimes of gold producing jursdictions and the possibility to add the fiscal terms of an additional mining contract.

The use of the model has been piloted widely, including with the Africa Center for Energy Policy (ACEP) in Ghana

Given that the benchmarking exercise needs to be done among peer group countries, which are those with a similar geology, infrastructure and political risk, the model includes the fiscal terms of countries chosen by ACEP

ACEP chose to include Indonesia, Papua New Guinea, South Africa and Tanzania as the peer countries for Ghana.

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