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Good article, hopefully the wheels will start turning once...

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    Good article, hopefully the wheels will start turning once Parliment resits.

    The 20% free carried interest will go, for example and there will still be a state interest but it will be a more subdued formulation," says Lorimer.


    "Exploration and production costs will be covered before the state starts taking its 20% share in profits. This is much more regular across the world and more acceptable."
 
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