Skip to main content
U.S. Department of Energy
Office of Scientific and Technical Information

Oil and gas financing: an apraisal of current methods

Journal Article · · World Oil; (United States)
OSTI ID:6808995
 [1];
  1. Texas A and M Univ., College Station

Cost of capital funds along with character of government regulations will be major determinants of the future availability of energy sources of all types, particularly oil and gas. A popular form of fund raising advocated by petroleum producers and by financial institutions that serve them is called project financing. Unlike straight-debt financing, project-financing is not principally secured by the general credit of the company that owns the project. Rather, the main security for this type of loan is the reserve to be developed and the income to be generated by the project itself. Project financing offers the industry hope in averting future capital shortages. Project financing techniques are discussed in this paper. (MCW)

OSTI ID:
6808995
Journal Information:
World Oil; (United States), Journal Name: World Oil; (United States) Vol. 185:5; ISSN WOOIA
Country of Publication:
United States
Language:
English