Project Financing Transit Pipelines and Obsolescing Bargain: What Are the Options in Increasing the Bankability of Projects?
Article from: OGEL 3 (2009), in OGEL Student Special
Abstract
(CEPMLP) The depletion of oil and gas reserves close to their traditional markets of utilization and the discovery of oil and gas in remote and landlocked areas of the world have heightened interests in the construction of pipelines for transportation in cross border oil and gas trade. Most of these pipelines are bound to be transit in nature. Construction and operation of pipelines are capital intensive and transit pipelines are vulnerable to disruption and conflict. One major problem of transit pipelines is the post construction behaviour of ...