Ali Homayoun; Mohammad Qezelbash; mohammad tohidi
Abstract
it is of strategic importance to investigate the methods of financing the establishment of petroleum refinery units. Meanwhile, economic sanctions have seriously affected the access to financing methods, especially the financing methods of petroleum refinery projects. For this purpose, this research ...
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it is of strategic importance to investigate the methods of financing the establishment of petroleum refinery units. Meanwhile, economic sanctions have seriously affected the access to financing methods, especially the financing methods of petroleum refinery projects. For this purpose, this research has identified and ranked the financing methods of petroleum refinery projects according to the current conditions of the country's economic system. In order to identify the types of financing methods for petroleum refinery projects, all available library documents such as books, articles and related research reports were studied. In the next step, with the aim of firstly ensuring the statistics of all methods and secondly extracting the criteria for prioritizing financing methods, interviews were conducted with financing experts in the refinery and petrochemical industry, and the findings were analyzed using thematic analysis method. In the following, after the initial review and refinement of financing methods by the focal group, a questionnaire for prioritizing financing methods was compiled and provided to the experts. Examining the results of prioritization showed that joint venture (JV), build, operate and transfer (BOT), build, lease and transfer (BLT), lines of credit, engineering, procurement, construction and finance (EPCF), exchange of oil and oil products with other goods and equipment and even the project, participation in the net profit (Net Profit Interest) and pre-sale agreements (Off-Take Agreement), eight "main and priority methods", for the financing of suitable petrochemical projects in the current coordinates of Iran's economy
• سیاستگذاریهای اقتصادی و مالی در حوزههای فوقالذکر در سطوح ملی، منطقهای و جهانی
Mohammad Ali Zamani; Hossein Hasanzadeh; Ali Seifian; Mohammad Qezelbash
Abstract
Making long-term investments in the oil and gas industry to maintain the current production levels and increase its capacity is one of the ways to increase economic resilience in the country's upstream documents, including the resistance economy's general policies. In recent years, there have been intense ...
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Making long-term investments in the oil and gas industry to maintain the current production levels and increase its capacity is one of the ways to increase economic resilience in the country's upstream documents, including the resistance economy's general policies. In recent years, there have been intense sanctions on the country, especially in the energy field. The importance of proper use of China's allocated credit lines to finance these projects is revealed due to the high need for investment in oil and gas industry projects and the impossibility of covering the investment needs of this industry from domestic sources, and the challenge in effective communication with international monetary and financial institutions. Anyway, the conducted studies indicate serious challenges in using the capacity of these credit lines. For this purpose, this research tries to investigate these challenges from many aspects. After studying the background of the research and reviewing various sources, this article conducted targeted interviews with financing experts. Also, the challenges of using credit lines were extracted and classified into four categories: financial and economic, executive and operational, structural and institutional, and juridical and legal, utilizing the method of thematic analysis and focus group. The extracted challenges were exposed to experts to validate the findings. Finally, the formation of the focus group presented the corrective solutions for the use of credit lines to finance oil and gas industry projects.
• مطالعات اقتصادی مرتبط با حاملهای انرژی (فسیلی، تجدیدپذیر و برق)
Batoul Zargar; Ali Emami Meibodi; Hosein Jahangirnia; Mozhgan Safa
Abstract
It is necessary to develop the photovoltaic industry due to the criticality of reducing economic dependence on fossil fuels and mitigating air pollution. Therefore, the present study aims to propose a financing model for this industry in Iran. This is an applied-developmental study, in terms of purpose. ...
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It is necessary to develop the photovoltaic industry due to the criticality of reducing economic dependence on fossil fuels and mitigating air pollution. Therefore, the present study aims to propose a financing model for this industry in Iran. This is an applied-developmental study, in terms of purpose. It is developmental because it provides a framework for financing the industry. On the other hand, it is of an applied nature, as its results find direct application in developing this industry. The modeling draws on a mixed-method approach combining the qualitative methodology of grounded theory and the quantitative method of artificial neural networks. The study's population comprises the financial, economic, and technical experts of the photovoltaic industry. Semi-structured interviews took place with 25 experts chosen through targeted sampling, combining maximum variation with snowball sampling methods. The findings indicate that the investment funds (one of the primary strategies of community financing), bank loans (one of the private financing strategies), power purchase agreements (a government incentive), public funding by modifying the fossil power tariffs, along with guarantees and insurances are among the strategic priorities for financing this industry. In sum, the financing model of the photovoltaic industry demonstrates that based on the current context in Iran, it is possible to create a profitability perspective and a supportive atmosphere for the photovoltaic industry by adopting diverse strategies.
Jafar haghighat; Mirtaher Purpertoi
Volume 2, Issue 6 , April 2013, , Pages 49-73
Abstract
Increasing demand for oil products in different parts, needs an increased storage capacity in the country.This requires substantial financial resources for investment. Currently almost all these funds and investments are provided through public sources. Many oil-rich countries, various methods are used ...
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Increasing demand for oil products in different parts, needs an increased storage capacity in the country.This requires substantial financial resources for investment. Currently almost all these funds and investments are provided through public sources. Many oil-rich countries, various methods are used to finance large oil projects; especially in the upstream sectors. Most of these contracts are known as traditional oil contracts. In addition to these methods, in recent years, other specific methods are used for financing oil projects, especially in the downstream sector, that mostly emphasize the capabilities of the private sector. These methods are called the PPP methods. By describing various methods of financing for construction of Tehran Strategic Oil Storage, this article is investigating the economic and financial aspects of these methods and models. To do so, the Comfar3 software is applied to analyse the feasibility Model, proposed by United Nations Industrial Development Organization and some important indicators of engineering economy for the decision making of the projects.
