Papua New Guinea

Revenue Minus Production Cost Of Oil

2.04
percent of GDP
Dec 82Dec 86Dec 89Dec 92Dec 95Dec 98Dec 01Dec 04Dec 07Dec 10Dec 14Dec 190.0004.0008.00012.0016.00
  • Papua New Guinea
Source: IMF

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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