Open Fiscal Models (Mockup)

Financial model transparency allows relevant actors to better assess whether contracts are fair and balanced for both the country and investor, and to understand when revenues start flowing to the government. As a strong supporter of such transparency, CCSI has developed two open fiscal models. We are currently welcoming feedback on their usefulness, user-friendliness, and on any observed inaccuracies.

Liquefied Natural Gas (LNG) Model

The first open fiscal LNG model, built by Senior Fellow Thomas Mitro and CCSI staff, allows users to test different LNG commercial structures, compare domestic gas use options, and assess the impact of various fiscal tools along the gas value chain. This manual explains key concepts of the LNG value chain and how to use the model. Additionally, a webinar and accompanying presentation explain the model further, but note that the webinar predated some added features on the model. 

CCSI also developed, in collaboration with the Commercial Law Development Program of the U.S. Department of Commerce, an LNG-to-power plant model. As explained in the accompanying manual, this model allows users to assess different structures along the LNG-to-electricity value chain for importing countries. 

Benchmarking Gold Mining Fiscal Regimes

With the support of IBIS, CCSI developed a gold benchmarking model that allows users to compare 10 fiscal regimes of gold-producing jurisdictions and offers the possibility to add the fiscal terms of an additional mining contract.

Several sensitivity tests are provided, which allow the user to understand how the project economics and government returns change with varying assumptions, such as changes in the prices or changes in costs. CCSI has not locked any cells in the model to ensure that it is highly adaptable depending on the needs/requirement of the user.