Research On Assessment Of The Overseas Petroleum Project Financing Environment

With the increase in demand of petroleum consumption, petroleum enterprises go outone after another, and compete with invest in overseas petroleum project, in order to aspire forthe stability of the petroleum supply. However, petroleum enterprises have the features of“high investment, high repayment, high risks.” Its overseas project often requires hugeamounts of money, but financing environment impact on the project resource country accessto its funds. Because prior to compete with financing decision in financing countries, allaspects of environments carried out detailed investigation and analysis in resource countries,and make overseas financing feasibility analysis. From here we see that overseas financingenvironment plays a key role in whether the funds for these petroleum enterprises are diverseand adequate.Firstly, this paper elaborates the backgrounds and significances of the research, based onthe study of the domestic and international documents, define the related concepts andintroduce research the subject. Secondly, introduce the status of overseas petroleum projectfinancing and the present conditions of project financing environment, analysis the causes ofoverseas petroleum financing environment. On the basis of the theory, construct the evaluateindex system of overseas petroleum project financing environment, points out that constructthe basic principles and evaluation criteria of evaluate index system, selected and illustrate inaccordance with evaluate index. Lastly, the use of analytic hierarchy process and multi-factorand key factor analysis approach to evaluate its financing environment, and from draw upestablish appropriate financing security mechanism, pay attention level of economicdevelopment impact on the financing, formulate appropriate financial policies, establishimprove relevant laws and regulations, brings up suggestion of adapt to environment foroverseas petroleum project financing.