Includes bibliographical references (pages 391-392) and index.

Machine generated contents note: 1. The Characteristics of Project Finance -- 1.1. Introduction -- 1.2. Raising Finance for Large Projects -- 1.3. Using Project Finance to Raise Capital -- 1.4. Risk Analysis and Risk Mitigation -- 1.5. Project Economics, Capital Structure and Debt Capacity -- 1.6. The Project Finance Process -- 2. Project Finance Structures and Techniques -- 2.1. Introduction -- 2.2. Project Finance Structures -- 2.3. Project Finance Tools and Techniques -- 2.4. Security Structures, Sponsor Support and Other Features -- 3. Sources of Finance and the Global Project Finance Markets -- 3.1. Introduction -- 3.2. Sources of Equity -- 3.3. Sources of Project Finance Debt -- 3.4. The Global Project Finance Market -- 4. Commercial Banks and Syndicated Lending -- 4.1. Introduction -- 4.2. The Role of Commercial Banks in Project Finance -- 4.3. Term Loans and Related Financing -- 4.4. Syndicated Lending -- 4.5. Loans Market Practice -- 5. Fundamentals of the Petroleum Industry -- 5.1. Introduction -- 5.2. The Business of Petroleum -- 5.3. The Industry Value Chain -- 5.4. Industry Structure, Markets and Economics -- 6. Upstream Oil and Gas -- 6.1. Introduction -- 6.2. Fundamentals of Upstream Oil and Gas -- 6.3. Upstream Project Risks -- 6.4. Commercial Structures and Upstream Contracts -- 7. Petroleum Refining -- 7.1. Introduction -- 7.2. The Fundamentals of Petroleum Refining -- 7.3. Refinery Project Risks -- 7.4. Commercial Structure and Contracts -- 8. Pipelines, Storage and Other Infrastructure -- 8.1. Introduction -- 8.2. Fundamentals of Pipelines and Storage -- 8.3. Pipelines, Storage and Infrastructure Risks -- 8.4. Commercial Structures and Contracts -- 8.5. Oil and Gas Infrastructure Tariffs and Economics -- 9. Petroleum Shipping and the Offshore Industry -- 9.1. Introduction -- 9.2. Fundamentals of the Shipping and Offshore Industries -- 9.3. Shipping and Offshore Risks -- 9.4. Commercial Structures and Contracts -- 9.5. Shipping and Offshore Economics and Finance -- 10. Natural Gas and LNG -- 10.1. Introduction -- 10.2. Fundamentals of the Industry -- 'Natural Gas Chain' -- 10.3. Risks in the Natural Gas Industry -- 10.4. Commercial Structures and Contracts -- 11. The Petrochemicals Industry -- 11.1. Introduction -- 11.2. Fundamentals of the Petrochemicals Industry -- 11.3. Risks in the Petrochemicals Industry -- 11.4. Commercial Structures and Contracts -- 12. Project Development in the Petroleum Industry -- 12.1. Introduction -- 12.2. Oil and Gas Project Development -- 12.3. The Project Development Process -- 12.4. Contractors and Contract Terms -- 12.5. Economics of Project Development -- 13. Political and Environmental Risks, Tax and Insurance -- 13.1. Introduction -- 13.2. Political and Country Risks -- 13.3. Environmental Risks -- 13.4. Taxation and the Petroleum Industry -- 13.5. Insurance -- 13.6. Unforeseen Events and Force Majeure -- 14. The Role of Project Finance in the Petroleum Industry -- 14.1. Introduction -- 14.2. Investment Requirements of the Petroleum Industry -- 14.3. Conventional Sources of Funding -- 14.4. The Role of Project Finance -- 14.5. Hybrid Finance Structures for the Petroleum Industry -- 15. Risk Analysis and Bankability for Oil and Gas Projects -- 15.1. Introduction -- 15.2. Lender Analysis of Oil and Gas Project Risks -- 15.3. Sponsor Risks in Oil and Gas Project Finance -- 15.4. Lender Approach to Project Risks -- 15.5. Risk Mitigation Techniques and Structures -- 16. Project Economics and Cashflow Forecasting -- 16.1. Introduction -- 16.2. The Role of Cashflow Forecasting and Modelling -- 16.3. Building the Project Forecasts -- 16.4. Debt Routines and Model Outputs -- 16.5. Debt Optimisation and the Base Case -- 16.6. Sensitivity Analysis and Debt Break-Even -- 17. Finance Structures and Terms -- 17.1. Introduction -- 17.2. Overview of Financial Structuring -- 17.3. Capital Structure and the Composition of Debt -- 17.4. Funding, Repayment and Maturity of Debt -- 17.5. Cost of Funds -- 17.6. Lender Controls -- 17.7. Sponsor Support and Other Forms of Credit Enhancement -- 17.8. Security -- 18. Finance Structures for Upstream, Midstream and Downstream Projects -- 18.1. Introduction -- 18.2. Upstream Project Finance Structures -- 18.3. Midstream Project Finance Structures -- 18.4. Downstream Project Finance Structures -- 18.5. Risk Management and Derivative Contracts -- 19. Oil and Gas Project Finance Documentation -- 19.1. Introduction -- 19.2. Documenting the Project Finance Transaction -- 19.3. Lender Commitments and Term Sheets -- 19.4. Principal Terms of the Finance Documents -- 19.5. Project Finance Documentation Processes -- 19.6. Concluding Remarks.

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