Sichuan Xx Oil Depot Relocation Project Economic Evaluation

With the development of economics, the state's highway construction investment have being continued in Sichuan.There are a lot of difficulties in the old oil depot system of X×, Sichuan. Such as small storage capacity, small oil batch and Lanzhou-Chengdu-Chongqing oil batch is unified arrangement at a same time. All these contributed to weak depot stock always broken off at the edge of the market demand and limited regulation and control capability to the market. And now, the western and southern direction of the oil depot, is a new urban roads and the grade elevation is higher than the ground of oil depot for nearly 3m,. the east and north sides of oil depots close to mountains, which made the depot form a landscape of "Little Basin".so the oil depot have a big security risk. Therefore, it's urgent to move the oil depot to a new place.This paper started from the current situation of economic evaluation studies, summarize the main content of all domestic and foreign references and research conclusions, systematicly choosed the way of project economic evaluation, and expatiate on the content and method of the economic evaluation for this paper. Such as Value analysis.Then introduced the xx oil depot moving project in Sichuan, finally demonstrated the feasibility of the project from the market rearch, demand analysis, financial evaluation, risk analysis and environmental impact and so on.In this paper,,we synthetically choosed method and theory of project management, project evaluation, marketing, financial management and other discipline theories, rationally set up the evaluation index system and choosed statistical data, focused on two aspects:storage and operation to calculate and analyze the project's abilities in debt paying and earning from the respect of FNPV, IRR,PP,DEBTR,CR,QR and other financial index. Simultaneously, distinguished the project risks, completed break-even analysis and sensitivity-analysis, again undertaken an assessment on the environmental impact of the oil depot, finally proved the rationality and feasibility of the investment on this project.