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Showing posts with the label Oil and Gas industry

Long-Term Loans and Financing for Oil and Gas Refinery Construction

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  Long-Term Loans and Financing for Oil and Gas Refinery Construction History has it that refinery and petrochemical complex at Jubail will convert heavy crude into 400,000 barrels a day of higher-value refined products such as diesel and jet fuels. It will also produce a range of petrochemicals.  Long- term loans and financing for oil and gas refinery construction was completed in the first quarter of 2012 in Saudi at about $8.5bn with came from multiple sources . — $4bn from  international export credit agencies and Saudi Arabia’s Public Investment Fund, and $4.49bn from commercial banks, according to industry newsletters. In order to obtain financial resources for the development of oil production, transportation and refining, it is extremely important for management to understand the principles of the capital market, financial mechanisms and available options applicable to the hydrocarbon industry. Currently, project finance for the construction of refineries and long...

Financing for Oil and Natural Gas Business

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  Financing for Oil and Natural Gas Business Oil and natural gas are major industries in the energy market and play an influential role in the global economy as the world’s primary fuel sources. The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive, and require state-of-the-art technology Historically, natural gas has been linked to oil, mainly because of the production process or upstream side of the business. For much of the history of the industry, natural gas was viewed as a nuisance and even today is flared in large quantities in some parts of the world, including the United States. Natural gas has taken on a more prominent role in the world’s energy supply as a consequence of shale gas development in the United States, as mentioned above, and its lower greenhouse gas emissions when combusted when compared to oil and coal. The oil and Natural gas industry is a diversified and exorbitant business to implement. While t...