EDITORIAL: Ownership alone will not deliver oil benefits
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Namibia does not need 51% ownership of every petroleum project to secure a fair share of its oil wealth. It should, instead, negotiate progressive royalties, tax exceptional profits, and prevent companies from inflating deductible costs.
Namibia does not need 51% ownership of every petroleum project to secure a fair share of its oil wealth. Such a stake would require the government to finance half of the enormous e...
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