Articles

S. Chizhikov, E. Dubovitskaya, M. Fedorova, A. Kirillov, A. Sokolov

Norway is a major oil and gas producer. Norwegian gas is often considered as alternative to Russian gas: East European governments frequently use it to diversify sources of gas supply. One example is the famous Independence Floating Storage and Regasification Unit for gas supplies to Lithuania. These high-profile geopolitical processes leave unnoticed a vigorous activity of Norwegian government for domestic LNG market development.

Development of cost models or oil and gas construction allows estimating costs with consideration of modeling object technical characteristics and changes in the environment.
The paper describes principles, methods and key elements of cost models actively implementing for capital costs evaluation in Russian oil& gas companies.
In the article there are examples of databases used by companies for cost estimation: “smeta” estimate norms, corporate cost data bases on real projects, external data bases.
Authors analyse rules for choosing of the proper analogue, taking into account that the main question is choosing analogue with required characteristics as well as proper implementation of the cost data for the new object.