TY  - BOOK
AU  - Clews,Robert
TI  - Project finance for the international petroleum industry
SN  - 0128001585
AV  - HG6047.P47 .C549 2016
U1  - 338.2/3 23
PY  - 2016///
CY  - Boston
PB  - Elsevier Academic Press
KW  - Petroleum industry and trade
KW  - Finance
KW  - fast
KW  - Oil and Gas Industry
KW  - economics
N1  - 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
ER  -