Excerpt from Long-Term Contracts: A Model for Assessing Their Importance in Financing Natural Gas Projects The vast majority of natural gas field development and lng projects are organized and financed using long-term take-or-pay contracts for the sale of the gas. These contracts serve two main purposes. First, they coordinate the plans and commitments of the buyer and the seller. Since natural gas projects typically require large capital investments dedicated to a small set of buyers and since the salvage value of the ...
Read More
Excerpt from Long-Term Contracts: A Model for Assessing Their Importance in Financing Natural Gas Projects The vast majority of natural gas field development and lng projects are organized and financed using long-term take-or-pay contracts for the sale of the gas. These contracts serve two main purposes. First, they coordinate the plans and commitments of the buyer and the seller. Since natural gas projects typically require large capital investments dedicated to a small set of buyers and since the salvage value of the equipment is a tiny fraction of the investment it is important to obtain a commitment from the buyers before the investment is sunk. Second, the obligations on both sides of the contract-the price terms, the indeces, and the quantity flexibility-allocate the risks of the project among the parties. The first of these two purposes-the need for commitment-is the subject of this paper. We provide a model with which to estimate the portion of a project's value that is secured to the developer through the use of long term contracts for the sale of the gas. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Read Less
Add this copy of Longterm Contracts a Model for Assessing Their to cart. $14.53, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of Long-Term Contracts: a Model for Assessing Their to cart. $49.62, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2015 by Palala Press.
Add this copy of Long-Term Contracts: a Model for Assessing Their to cart. $53.11, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2018 by Forgotten Books.
