Abstract

In this research, we consider the financial procedure of projects plan in the field of oil & gas to make a Comparison between Qatar & Iran, regarding the amount of investment & gas and oil production in the south pars common field. Accordingly, we’re going to provide optimal solution to promote financing of projects & performance& plans in the area of oil & gas in the POGC. Through library studies, we gathered information regarding the amount of investment & removal in the common field in which two countries (Iran & Qatar) have down in the south pars. Also, by using of research literature which has been written of updated financing procedure, we have provided a questionnaire in which the validity of it has been examined by CRONBACH's alpha. Regarding subject of research, we select a statistic society from senior managers, intermediate managers, operations, head of department and senior experts and experts (knowledge contracts and financing of oil and gas projects) of national Iranian oil company (NIOC) & PARS oil & gas company (POGC) .the results acquired through library studies show that the amount of investment by Iran is 971197 USD billion & Qatar is 117191 USD billion; there for, the amount of removal gas by Iran is 759 million cubic meters & Qatar is 579 million cubic meters per day . Accordingly Qatar oil production is 7110111 Barrel per day but The Iranian oil layers still not reached the production stage. The analysis of the responses received, it is clearly show that PSA (production sharing agreement) is a suitable procedure to expedite increasing of removal / production in common fields.

Highlights

  • There are about 100 oil & gas fields in Iran, among which 28 are in common with neighbor countries like Iraq, Kuwait, KSA, Qatar, UAE, and Oman etc

  • The amount of financing in Iran in South Pars field according to table #4 is totally 49.129 billion USD (Local source is 29.754 billion USD and the Buyback is equal to 19.375 billion USD), among this 297 million USD is for common oil field and 19.86 billion USD is for finalized phases of 1 to 10 and 12; and 28.99 billion USD is for other ongoing phases

  • Hens referring to above mentioned topics Qatar by using 'production sharing' in financing and production from the common field is more successful comparing to Iran which has been using different financing methods like local financing and buyback so the first objective of the research which is focusing on comparison between oil and gas financing and production of Iran and Qatar form the common field, has reached

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Summary

Introduction

There are about 100 oil & gas fields in Iran, among which 28 are in common with neighbor countries like Iraq, Kuwait, KSA, Qatar, UAE, and Oman etc. National Iranian Oil Company (NIOC) has already launched production from 10 common oil & gas fields, but there are still 18 sources left suspended. These 28 sources include 15 off-shore sources and 13 on-shore ones. Iraq with 12 common sources with Iran is the first neighbor country with common Hydrocarboric sources. After that UAE appears with 7 common sources, and KSA with 4, Oman & Qatar with 2 sources and 1 common Hydrocarboric source with Kuwait & Turkmenistan

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