Traditional 'business as usual' financing methods will no longer be adequate to meet the unprecedented demands for capital to finance energy sector expansion in the developing countries. In oil and gas, private capital from the international oil companies has always played a major role in the developing countries. Increasing investment requires external finance. Hence host countries must establish conditions which are attractive to private investors. The augmented role of private finance requires a keen involvement of the public sector in both host countries and official aid agencies.
WHO SHOULD ATTEND?
Project Developers, Investors, Equipment Suppliers, Private and Development Bankers, Lawyers, Tax Officers, Consultants.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course participants will be able to:
- Explain current issues in power project finance and structure of the oil and gas
- Identify types of projects and their comparative complexity;
- Identify risks associated with oil and gas projects;
- Explain legal issues in energy financing;
- Explain tax issues in energy projects.
- Develop financial statements;
- Apply principles to manage oil price volatility with derivatives;
- Identify sources of finance;
- Current issues in power project finance;
- Types of projects and their comparative complexity;
- Risk identification and allocation;
- Sources of finance checklist;
- Legal issues in energy finance;
- Structure of the industry: Upstream, midstream and downstream
(Hydrocarbon basics: Geology, reserves; supply and consumption, OPEC, etc.);
- Islamic financing alternatives for energy projects;
- Managing oil price volatility with derivatives;
- Oil and natural gas swaps and options;
- Developing financial statements;
- Tax issues in energy projects.