Faroe Islands

Revenue Minus Production Cost Of Oil

0
percent of GDP
Dec 98Dec 99Dec 00Dec 01Dec 02Dec 03Dec 05Dec 07Dec 08Dec 09Dec 10Dec 11Dec 12Dec 13Dec 14Dec 15Dec 180.0001.0002.0003.0004.000
  • Faroe Islands
Source:

Definition of Revenue Minus Production Cost Of Oil

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.

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