Χρηματοοικονομική αξιολόγηση επένδυσης σε λιμένα υγροποίησης φυσικού αερίου στην Κύπρο
SubjectΟικονομοτεχνικές μελέτες ; Υγροποιημένο φυσικό αέριο ; Ναυτιλιακή οικονομική ; Λιμάνια -- Μεταφορές -- Κυκλοφορία
In 2011, Noble Energy announced the discovery of a significant natural gas reservoir (3.6-6 tcf) in Cyprus’ Exclusive Economic Zone. This discovery launched discussions over the potential economic benefit which could be derived from a possible exploitation of the sources if these were to be exported. Thus, intrigued as I was from such a development, I decided to evaluate the investment plan of constructing a LNG Terminal were the gas would be cooled and then exported by sea. In this direction I made use of the Discounted Cash Flow Analysis via the means of Net Present Value and Internal Rate of Return and also via the Break-even price. In the present thesis I also describe the global LNG trade and its trends for the years to come. Finally I reached the conclusion that in order for this project to remain sustainable it is imperative to assure that the product will be offered at a competitive price while the management team will have to stay alert so that to contract with customers in order for the sales to be assured for a long term.