The Buy-back Development Contract for Phases 2&3 of South Pars Gas Field and Incomplete Contract

Mahdi Akhavan

Volume 4, Issue 13 , January 2015, , Pages 1-32

Abstract
  An incomplete contract is an exchange in which some aspects of a transaction is unspecified. Contractual incompleteness decrease contract effectiveness. Buy-back contract has legal and contractual obligations witch incompleteness from some of these aspects is undesirable. This study analysis these obligations ...  Read More

Real Options Application in Valuing “South Pars Gas Field” Development Project

Mansour Khalili Iraqi Khalili Iraqi; Akbar Komijani; zainab Kasraei

Volume 3, Issue 10 , April 2014, , Pages 67-91

Abstract
  In this paper we provide an introduction to real options in valuing investment projects. Since one of the real options applications is valuing oil and gas development projects with high uncertainty and considerable investment costs, in this research we have performed valuation of selected phases of “South ...  Read More