An operational risk analysis of Iran Buyback contract and its policy implication

被引：3
作者：
Li, Chengyuan [1 ,2 ]
Jiang, Mingjun [2 ]
Ge, Haiming [2 ]
Li, Zhen [2 ]
Luo, Dongkun [1 ]
机构：
[1] China Univ Petr, Sch Business Adm, Beijing 102249, Peoples R China
[2] CNODC, No 6-1,Fuchengmen Beidajie, Beijing 100034, Peoples R China
来源：
ENERGY STRATEGY REVIEWS | 2017年 / 16卷
关键词：
Iran buyback; Operational risks; Economic evaluation; New Iran petroleum contract;
D O I：
10.1016/j.esr.2017.02.003
中图分类号：
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号：
0807 ; 0820 ;
摘要：
Buyback contract has played a key role in utilizing foreign investment on Iran's oil and gas industry from the inception. However, the success of buyback has been rarely proved, and there are very limited studies on theoretical risks without digging into operational analysis. Risks are identified by qualitative analysis, and four novel operational risk scenarios are simulated and evaluated by economic evaluation. It is concluded that the risks embedded in Buyback contract should be duly eliminated in new Iranian petroleum contract. The philosophy of integrated managerial system for reservoir in long term, improved policy structuring and coordination between Iranian ministries, solutions for contractual defects, governance structure for higher efficiency, and specific technical details are recommended. (C) 2017 Published by Elsevier Ltd.
引用
收藏
页码：43 / 53
页数：11
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