This book deals with governance structures in oil: the long-term relationship between the natural resource owners (private or public), investors, and consumers. It thus focuses on the political and institutional dimensions of the economy where economists, and most notably those specialising in energy, have neglected.
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Bernard Mommer, formerly senior advisor in Strategic Planning, Petroleos de Venezuela, is now a senior research fellow at the Oxford Institute for Energy Studies and advisor to the Venezuelan Minister of Oil and the Secretary General of OPEC. He is also a Fellow of St Antony's College, Oxford.
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