Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing Contracts
Fiscal regime is one of the main differences between petroleum contracts. Fiscal regimes in oil contracts are divided in two main categories namely Concessionary and Contractual Systems. In contractual systems, the main difference between service and production sharing contracts is the way of compen...
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Format: | Article |
Language: | fas |
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Allameh Tabataba'i University Press
2016-03-01
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Series: | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
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Online Access: | https://jiee.atu.ac.ir/article_7196_9ccef4c1878eacbba919f4e6f14a1373.pdf |
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author | Davood Manzoor Roohollah Kohan Hoosh Nejad Masoud Amani |
author_facet | Davood Manzoor Roohollah Kohan Hoosh Nejad Masoud Amani |
author_sort | Davood Manzoor |
collection | DOAJ |
description | Fiscal regime is one of the main differences between petroleum contracts. Fiscal regimes in oil contracts are divided in two main categories namely Concessionary and Contractual Systems. In contractual systems, the main difference between service and production sharing contracts is the way of compensation of contractor services which could be in cash or in kind. In production sharing contracts the contractor receives a portion of produced oil. One of the main criteria to compare fiscal regimes is government and contractor takes in real values. Comparing the net present value of contractor take shows that PSC could have been more desirable and cost effective in Azadegan, Soroush & Norouz, Forouzan & Esfandyar oil fields than Buy-Back contracts. |
first_indexed | 2024-03-08T17:43:32Z |
format | Article |
id | doaj.art-1d1ed14b1fb843efba35aeb8c5226383 |
institution | Directory Open Access Journal |
issn | 2423-5954 2476-6437 |
language | fas |
last_indexed | 2024-03-08T17:43:32Z |
publishDate | 2016-03-01 |
publisher | Allameh Tabataba'i University Press |
record_format | Article |
series | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
spelling | doaj.art-1d1ed14b1fb843efba35aeb8c52263832024-01-02T10:47:41ZfasAllameh Tabataba'i University PressPizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān2423-59542476-64372016-03-0151817921710.22054/jiee.2016.71967196Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing ContractsDavood Manzoor0Roohollah Kohan Hoosh Nejad1Masoud Amani2Associate Professor, Faculty of Economics, University of Imam Sadiq (PBUH)Ph.D Student in International Oil and Gas Contracts Management, Faculty of Economics, University of Imam Sadiq (PBUH), Iran.Assistant Professor, Faculty of Law, University of Imam Sadiq (PBUH), Iran,Fiscal regime is one of the main differences between petroleum contracts. Fiscal regimes in oil contracts are divided in two main categories namely Concessionary and Contractual Systems. In contractual systems, the main difference between service and production sharing contracts is the way of compensation of contractor services which could be in cash or in kind. In production sharing contracts the contractor receives a portion of produced oil. One of the main criteria to compare fiscal regimes is government and contractor takes in real values. Comparing the net present value of contractor take shows that PSC could have been more desirable and cost effective in Azadegan, Soroush & Norouz, Forouzan & Esfandyar oil fields than Buy-Back contracts.https://jiee.atu.ac.ir/article_7196_9ccef4c1878eacbba919f4e6f14a1373.pdffiscal regimebuy-backproduction sharingtakeiran |
spellingShingle | Davood Manzoor Roohollah Kohan Hoosh Nejad Masoud Amani Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing Contracts Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān fiscal regime buy-back production sharing take iran |
title | Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing Contracts |
title_full | Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing Contracts |
title_fullStr | Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing Contracts |
title_full_unstemmed | Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing Contracts |
title_short | Financial Evaluation of Selected Buy-Back Contracts and Comparing with Production Sharing Contracts |
title_sort | financial evaluation of selected buy back contracts and comparing with production sharing contracts |
topic | fiscal regime buy-back production sharing take iran |
url | https://jiee.atu.ac.ir/article_7196_9ccef4c1878eacbba919f4e6f14a1373.pdf |
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