A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals....

A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals....

Although oil and gas exploration has been going on in East Africa for decades, until recently exploration activities grew more slowly compared to other regions in Africa. Today, there has been a series of oil and gas discoveries in several East African countries, including Kenya, Madagascar,...

Cover -- Contents -- List of Figures -- List of Tables -- Foreword -- Preface -- Acknowledgments -- About the Contributors -- 1 Introduction -- Part I Turning Oil and Gas Wealth into Sustainable and Equitable Development -- 2 Managing the Extractive Resource -- 3 Revenue Management in the Oil...