Investment Benefits Research On Heavy Oil Deep Processing Project Of Mudanjiang Petrochemical Co.,Ltd.

Economic benefit is the important premise and the main target of construction project, especially for the heavy oil products with low economic value added. Therefore, it is undoubtedly important for expanding oil industry chain to carry out the construction of processing deeply heavy oil, improve the efficiency of oil production and enhance the profitability of traditional petroleum enterprise. This study takes deep processing heavy oil project in Mudanjiang as example, makes quantitative and empirical analysis of the investment benefits of the project. Then, we put forward the safeguard measures to improve the economic benefits of the project, which not only play a significant role in guiding the management decision for the project, but also can provide scientific basis for the construction decision for similar project. The main contents of this study include the following aspects:The first aspect is the overview of heavy oil deep processing project. Mudanjiang area has rich oil resources and unique geographical advantages. The foundation of technology and resources in the deep processing of heavy oil in this area is good. Through analyzing the content of project construction, The project in terms of investment efficiency, technical solutions, product market positioning and financing ratio is too large, In particular, the project is a large investment, financing aspects of uncertain factors, These problems in the project is put into operation, will affect the economic efficiency of enterprises, restricting the sustainable development of enterprises. Therefore, to deal with the project technology, products, investment links in-depth system analysis.The second aspect is the investment benefits estimation of heavy oil deep processing project. Economic benefit is the vital target of the construction of this project. We demonstrated the feasibility of the investment project based on the analysis of the main technical and economic indexes of the project. And we estimate the economic and social benefits of the project based on the construction of the price system and estimating the cost and the benefit.The third aspect is the safeguard measures about the investment benefits of heavy oil deep processing. In order to carry out the project and ensure economic benefits, this study puts forward a series of security measures, such as predicting market demand accurately, estimating total investment, the interest during construction and cash flow scientifically, making financing plan reasonably, and designing science, technology, chemical and construction organization scheme correctly. And on the basis of profit and loss balance analysis, sensitivity analysis and investment risk analysis, we can effectively avoid the investment risk and reduce the uncertainty of investment project.