Hadi Dibavand; Ali Taherifard; Ali Faridzad; Atefeh Taklif; mohammad mahdi bahrololoum
Abstract
IRAN`s new petroleum contract is a new generation of service contract which aimed to fix bugs from Buy-Back model. In this model some incentives have inserted to increase contractors' motivations. In this study, we consider fiscal differences and revenue division of the two models in the case of phases ...
Read More
IRAN`s new petroleum contract is a new generation of service contract which aimed to fix bugs from Buy-Back model. In this model some incentives have inserted to increase contractors' motivations. In this study, we consider fiscal differences and revenue division of the two models in the case of phases 4 & 5 of the South Pars gas field. This study is conducted by fiscal simulation for two mentioned models and comparison the results. It is concluded that, government revenue in Buy-Back model throughout the period of production in phases 4 & 5 is bigger around 29% and 11% respectively in regard of the net present value and the discounted net present value. Also, if in Buy-Back model, production decline starts at the first year after fiscal settlement with contractor by the rate of more than 3% yearly, then it is better for the government to employ new contract model instead of Buy-Back model regarding revenue
Pouriya Shokri; Ali Faridzad; Atefeh Taklif; Touraj Dehghani
Abstract
The act of planning in order to reach optimum production from crude oil reserves with emphasizing on technical limitations and economic modeling and forecasting, is known as a necessity to earn the maximum profit from oil export incomes and providing national intertemporal interests for oil producing ...
Read More
The act of planning in order to reach optimum production from crude oil reserves with emphasizing on technical limitations and economic modeling and forecasting, is known as a necessity to earn the maximum profit from oil export incomes and providing national intertemporal interests for oil producing and exporting countries. This study estimates the optimal trend of crude oil production from south Azadegan Iranian oil field by the metaheuristic algorithm of Particle Swarm Optimization (PSO) on a thirty-year period. The concept of maximum efficient rate (MER) is employed to reach the best simulation of technical and physical field properties and moreover, the three price scenarios and two discount rate scenarios are used to apply the economic dynamics of crude oil world market. The results show that applying EOR programs simultaneously during the production by gas injection into the anticline of SARVAK reservoir, proven reserve of the field can be increased up to 6 billion barrels in this period. It also increases the cumulative production up to 3 billion barrels during the simulation period which was about 1.4 billion barrels based on the present RMDP
Zahra Azizi; Ali Faridzad; Morteza Khorsandi
Abstract
Energy intensity is one of the important and attractive indicators in energy economics. According to the abundance of energy resources in Iran, these resources are not used properly and therefore energy intensity is very high compared to other countries. Hence in this paper using a nonlinear regression ...
Read More
Energy intensity is one of the important and attractive indicators in energy economics. According to the abundance of energy resources in Iran, these resources are not used properly and therefore energy intensity is very high compared to other countries. Hence in this paper using a nonlinear regression method, we study the factors affecting energy intensity in Iran during the period 1979-2013. The results indicate that the existence of two regimes by considering relative price of energy as transition variable with the threshold about 1.58. The rate of urbanization and industrialization had positive effect and the level of technology and relative price of energy had negative effect on energy intensity in Iran. The effectiveness of relative price in the high price regime is intensified and the effectiveness of industrialization and technology is dropped. These results would suggest the important role of price regime on the effectiveness of energy intensity determinants in Iran and leads policy makers to prevent the decrease in the relative price of energy in the years following the implementation of targeted subsidies.
