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The World Bank's financial support to the petroleum sector in developing countries

机译:世界银行对发展中国家石油部门的财政支持

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This paper presents the World Bank Group's role in the petroleum sector of developing countries. It addresses separately the role of the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) in the upstream, downstream, and natural gas subsectors. Using specific examples, it describes the World Bank's role in promotion exercises, infrastructure projects, policy reform, mobilization of the private sector, and provision of political risk insurance. Considering that bank lending in the hydrocarbon sector meets only about 1 percent of the industry's capital requirements, the paper argues that the World Bank Grup is best suited to use its unique resources to catalyze private sector investment and to provide and environment conductive to market-driven development.
机译:本文介绍了世界银行集团在发展中国家石油部门中的作用。它分别论述了国际复兴开发银行(IBRD),国际金融公司(IFC)和多边投资担保机构(MIGA)在上游,下游和天然气子行业中的作用。通过具体的例子,它描述了世界银行在促进活动,基础设施项目,政策改革,动员私营部门以及提供政治风险保险方面的作用。考虑到碳氢化合物行业的银行贷款仅满足该行业资本需求的1%,该论文认为,世界银行集团最适合利用其独特的资源来催化私营部门的投资,并提供有利于市场驱动的环境发展。

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