Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing Contracts
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, t...
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2015-03-01
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| Series: | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
| Subjects: | |
| Online Access: | https://jiee.atu.ac.ir/article_1066_88b9fb80523cdda097f1b1a881fcbe36.pdf |
| _version_ | 1797369251677339648 |
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| author | Abbas Kazemi Najafabadi Alireza Ghafari Ali Takroosta |
| author_facet | Abbas Kazemi Najafabadi Alireza Ghafari Ali Takroosta |
| author_sort | Abbas Kazemi Najafabadi |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-03-08T17:43:56Z |
| format | Article |
| id | doaj.art-834b962cffd845ad884195c2784e5b8e |
| institution | Directory Open Access Journal |
| issn | 2423-5954 2476-6437 |
| language | fas |
| last_indexed | 2024-03-08T17:43:56Z |
| publishDate | 2015-03-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
| spelling | doaj.art-834b962cffd845ad884195c2784e5b8e2024-01-02T10:47:17ZfasAllameh Tabataba'i University PressPizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān2423-59542476-64372015-03-0141415319010.22054/jiee.2015.10661066Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing ContractsAbbas Kazemi Najafabadi0Alireza Ghafari1Ali Takroosta2دکتری حقوق خصوصی، عضو هیأت علمی دانشگاه علامه طباطبائیدانشجوی دکتری رشته اقتصاد نفت و گاز، دانشگاه علامه طباطبائیعضو هیأت علمی دانشگاه خوارزمیSigning 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.https://jiee.atu.ac.ir/article_1066_88b9fb80523cdda097f1b1a881fcbe36.pdfbuyback contractproduction sharing contractiran |
| spellingShingle | Abbas Kazemi Najafabadi Alireza Ghafari Ali Takroosta Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing Contracts Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān buyback contract production sharing contract iran |
| title | Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing Contracts |
| title_full | Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing Contracts |
| title_fullStr | Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing Contracts |
| title_full_unstemmed | Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing Contracts |
| title_short | Economic Valuation of the Gas Buyback Contracts in South Pars Field through Comparing with Production Sharing Contracts |
| title_sort | economic valuation of the gas buyback contracts in south pars field through comparing with production sharing contracts |
| topic | buyback contract production sharing contract iran |
| url | https://jiee.atu.ac.ir/article_1066_88b9fb80523cdda097f1b1a881fcbe36.pdf |
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