Alireza Ghafari; Atefeh Taklif
Abstract
The lack of observing maximum efficient recovery in the process of production from South Pars-North Dome super-giant field has resulted in serious damage to its rate of recovery. Despite the existence of conventional strategies for exploiting joint fields in international treaties, Iran and Qatar has ...
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The lack of observing maximum efficient recovery in the process of production from South Pars-North Dome super-giant field has resulted in serious damage to its rate of recovery. Despite the existence of conventional strategies for exploiting joint fields in international treaties, Iran and Qatar has not attempted to utilize these treaties in order to arrive at an efficient production trajectory. To achieve a feasible strategy, the use of rational decision-making model is recommended in this paper. This will allow both countries to formulate joint decisions in reservoir management towards achieving maximum efficient recovery from this field should the conditions and assumption of the model are satisfied. In order to achieve this objective it is necessary that both countries initiate fundamental improvements in their oil and gas legal systems. Hence a number of necessary improvements are introduced upon the identification of some weaknesses in oil and gas law in both countries.
Abbas Kazemi Najafabadi; Alireza Ghafari; Ali Takroosta
Abstract
Signing Oil Contracts with international oil companies for upstream and downstream operations in Iran's oil industry has a long history. After the discovery of oil, the first international oil contract was signed in Iran. Different types of oil contracts have been used in Iran. In most cases, the adequacy ...
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Signing Oil Contracts with international oil companies for upstream and downstream operations in Iran's oil industry has a long history. After the discovery of oil, the first international oil contract was signed in Iran. Different types of oil contracts have been used in Iran. In most cases, the adequacy of contracts in terms of economic benefits has raised questions and ambiguities for Iran. To investigate this topic, the gas buyback contracts are evaluated from an economic point of view. In order to assess the results more carefully, these contracts are compared with the Production Sharing Contracts. Phases 2 and 3, and also 4 and 5 of South Pars Gas Field have been selected for this paper. Since these projects have been awarded in the form of buy-back contract, in addition of defining different scenarios, the Production Sharing Contract for the project has been simulated. After finding the best scenario in terms of the production sharing contracts for both projects, we found that for phases 2 and 3 of the South Pars, the Production Sharing Contract and for phases 4 and 5, the buyback contract, are proved to be more favorable for Iran.
Hamid Amadeh; Alireza Ghafari; Zakaria Farajzadeh
Volume 4, Issue 13 , January 2015, , Pages 33-62
Abstract
The second step of subsidies targeting program which is coupled with energy price reform, has multiple effects on the economy. One of the major effects is the welfare and environmental changes in the country. This study intends to analyze the environmental and welfare effects of energy price reform using ...
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The second step of subsidies targeting program which is coupled with energy price reform, has multiple effects on the economy. One of the major effects is the welfare and environmental changes in the country. This study intends to analyze the environmental and welfare effects of energy price reform using a general equilibrium model. There are two scenarios of income redistribution. First, redistribution of whole income among households equally and second, redistribution of income in accordance with the subsidies targeting law. In this model, Iran's economy consists of 26 section. Households are considered separately for urban and rural in income deciles. Production factors, includs skilled labor, unskilled labor and capital. Energy carriers include electricity, natural gas, LPG, petrol, kerosene, fuel oil, and gasoline. The first scenario, leads to about 16 percent welfare increase in urban households and 53 percent to rural household. The second scenario, provides welfare increase about 3 percent for urban households and 25 percent to rural household. Considering environmental effects it is found that energy price reform is effective in reducing emissions, in total.
