Mohammad Rahbar; Mehryar Dashab; faysal ameri; Ali Emami Meibodi
Abstract
In the 2000s, some projects were defined to export Liquefied Natural Gas (LNG) in order to increase Iran’s presence in gas export markets.However, despite the initial planning until 2020, when this research was conducted, none led to a result, and Iran could not play a role in this market. Delay ...
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In the 2000s, some projects were defined to export Liquefied Natural Gas (LNG) in order to increase Iran’s presence in gas export markets.However, despite the initial planning until 2020, when this research was conducted, none led to a result, and Iran could not play a role in this market. Delay in executing these plans will lead to losing the opportunity to use the joint South Pars field and billions of dollars of foreign exchange earnings. The purpose of this study, which was conducted 2019 to 2020, is to identify the factors leading to the failure of Iran’s LNG projects. In order to identify and prioritize these factors, the opinion of experts and the Fuzzy Delphi technique is employed. Investigating the condition at the national and international level indicates that some factors have prevented all of these projects from being successful, including political issues, international sanctions on Iran, lack of domestic capital, lack of appropriate foundation for attracting foreign investors, constraints of domestic rules and regulations, especially in the upstream sector for choosing the contract format, not having access to the liquefaction technology, and the issues pertinent to marketing, and the most important one, lack of suitable commercial structural design. Identifying these factors and planning for tackling them is the key to escaping this current situation and a guide for prospering in future projects of the country.
Oil and Gas Economics and Management
Somayeh Alimoradi Gaghdari; Mohamad Reza Mehrabanpour; Ali Najafimoghadam
Abstract
Companies have access to various financial resources to implement available profitable investment projects, settle overdue debts, increase working capital, and pay dividends to shareholders. Correct decision-making and the ability of companies to determine the appropriate financial resources are the ...
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Companies have access to various financial resources to implement available profitable investment projects, settle overdue debts, increase working capital, and pay dividends to shareholders. Correct decision-making and the ability of companies to determine the appropriate financial resources are the main factors in company success. The effects of financing on the company’s return and risk are the most important goals that management should consider when choosing a financing method and selecting resources that minimize financing costs. In this research, the fuzzy Delphi method was first used to identify financing methods and the criteria for selecting the appropriate financing method. Then, the AHP method was used to prioritize the parameters. This study showed that efficiency, cost, sustainability, operationality, fairness, and transparency are the most important criteria for selecting financing methods in gas companies. Forming subsidiary consortia, receiving facilities, issuing participation bonds, creating an investing company, presence in the stock market, creating a shareholder plan have also been identified as financing methods
