Postingan

Petroleum Economics & Fiscal Risk Management

Gambar
  The course participants will have a thorough background understanding of the general concepts, procedure and terminology of project economics and profitability analysis of Oil and Gas Projects. In particular it emphasizes the peculiarity and fiscal arrangements of the petroleum industry. It also provides project managers and analysts with a quantitative consideration of risk and uncertainty, and how these factors can be used in formulating investment strategies in the petroleum industry. It introduces comprehensive ways to evaluate and compare risks associated with different investment choices (using computer aided concepts e.g. Monte Carlo Simulation techniques). read: https://uvi.co.id/penerapan-ptk-007-revisi-4-tahun-2017/ It also reviews the various contractual and fiscal terms prevalent in the petroleum industry, and how the various arrangements affect investment profitability. Topic Cash Flow Net Cash Flow (NCF) Profit Investment Ratio (PIR, P/I) Payout

LNG Commercial

Gambar
Sale and purchase of LNG using existing facilities on contemporaneous commercial terms : ·         Drivers of commercial LNG : ü Lower LNG costsreduce funding coverage and permit project commitment without full capacity sold ü Competitive inland gas marketsreduce export project offtake risk if shipping and import capacity is available ü Expanded LNG market scopeincreases “liquidity of exchange” for uncommitted production, shipping import capacity ·         Requires uncommitted capacity and commercial access “through the chain ”: ü For LNG supply ü For LNG shipping ü For LNG import/regas ü For demand aggregation and inland access ·         “Optionality”is embedded in shipping, which becomes strategic CCourse Topic 1.      Overview a.      LNG Value Chain b.      LNG Project Development 2.      Hydrocarbon Profile a.      Reserve b.      Production Forecast 3.      Cost of LNG a.      Exploration Cost b.      Exploitation Cost c.       Admin