|
Exploring the effectiveness of maximum price indicators in oil and gas industry contracts
|
Laleh Abooshahab1   , Ghodratollah Emamverdi2 , Mohsen Hamidian3 , S. Mahboubeh Jafari4 |
1- Ph.D. Student., Department of Management and Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran
2- Assistant Professor., Department of Theoretical Economics, Tehran Central Branch, Islamic Azad University, Tehran, Iran , ghemamverdi20@gmail.com
3- Associate Professor., Department of Management and Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran
4- Assistant Professor., Department of Management and Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran |
|
|
Abstract: (743 Views) |
This study examined the internal rate of return, capital return period, profitability index, and the party's share in oil and gas industry contracts based on the maximum price. The results of the study showed that many restrictions in cross-selling contracts and participation in production had been modified in modern oil contracts. The financial system of modern oil contracts was more efficient than the contract of participation in production and mutual sale. This means that modern oil contracts were more profitable for the country that owns the reservoir than the contract of participation in production and cross-sale. According to the modelling results and future oil price scenarios, modern oil contracts have proved more efficient than participation in production and cross-sale contracts.
|
|
| Keywords: Capital return period, internal rate of return indicators, oil and gas industry contract, profitability index. |
|
|
Full-Text [PDF 553 kb]
(385 Downloads)
|
Type of Study: Research |
Subject:
Management
Received: 2023/02/7 | Accepted: 2023/11/5 | Published: 2024/06/21
|
|
|
|
|
|
|
| Send email to the article author |
|
|
|
| Add your comments about this article |
|
|
|
