RISK SHARING IN FIRST, SECOND AND THIRD GENERATION OF BUYBACK DEVELOPMENT CONTRACTS ALI TAHERIFARD

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

TAHERIFARD ALI; SALIMIFAR MOSTAFA

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: IRANIAN ENERGY ECONOMICS Year:2014 | Volume:3 | Issue:9 Page(s): 151-174

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

1,463

Download:

Cites:

Information Journal Paper

Title

RISK SHARING IN FIRST, SECOND AND THIRD GENERATION OF BUYBACK DEVELOPMENT CONTRACTS ALI TAHERIFARD

Author(s)

TAHERIFARD ALI | SALIMIFAR MOSTAFA | Issue Writer Certificate

Keywords

BUYBACK CONTRACTSQ2

RISK SHARINGQ2

INTERNAL RATE OF RETURNQ2

HOSTING COUNTRYQ2

INTERNATIONAL OIL COMPANQ2

Abstract

Risk sharing between INTERNATIONAL OIL COMPANies and hosting countries is one of the most important issues in oil contracts. This paper studies the RISK SHARING between National Iranian Oil Company (Government) and IOCs in three generations of buy back contracts. IOCs’ Risk in BUYBACK CONTRACTS are cost risk, delay risk, failure to achievement to production profile and declining oil price. Government’s risks are no conservative production, declining oil production, cost risk and overestimated cost risk. This paper shows cost and failure to achievement to production profile risks for IOCs and no conservative production, declining oil production risks for government have more significant effects on projects profitability. In the first generation of buyback contract, there is not suitable mechanism to manage these risks. In the third generation of buy back contracts, main risks are significantly decreased and the expected risks of parties are declined. within the decreasing the risks of IOCs in third generation of BUYBACK CONTRACTS, IOCs reward has been increased. It seems incompatible with risk and reward sharing in contracts.

Cites

No record.

References

No record.

Cite

APA: Copy

TAHERIFARD, ALI, & SALIMIFAR, MOSTAFA. (2014). RISK SHARING IN FIRST, SECOND AND THIRD GENERATION OF BUYBACK DEVELOPMENT CONTRACTS ALI TAHERIFARD. IRANIAN ENERGY ECONOMICS, 3(9), 151-174. SID. https://sid.ir/paper/244888/en

Vancouver: Copy

TAHERIFARD ALI, SALIMIFAR MOSTAFA. RISK SHARING IN FIRST, SECOND AND THIRD GENERATION OF BUYBACK DEVELOPMENT CONTRACTS ALI TAHERIFARD. IRANIAN ENERGY ECONOMICS[Internet]. 2014;3(9):151-174. Available from: https://sid.ir/paper/244888/en

IEEE: Copy

ALI TAHERIFARD, and MOSTAFA SALIMIFAR, “RISK SHARING IN FIRST, SECOND AND THIRD GENERATION OF BUYBACK DEVELOPMENT CONTRACTS ALI TAHERIFARD,” IRANIAN ENERGY ECONOMICS, vol. 3, no. 9, pp. 151–174, 2014, [Online]. Available: https://sid.ir/paper/244888/en

Related Journal Papers