Here's how to judge the strengths and weaknesses of its technical and economic content
Hydrocarbon processing projects are technically complex, often large and capital intensive, and face complicated regulatory, accounting, tax and political issues. Feasibility study reports for these projects may contain unbiased, objective evaluations of a proposed project. Or they may contain unsubstantiated wishful thinking. Presented is a road map for assessing the strengths and weaknesses of these documents.
Understand the purpose. Our starting point for reviewing a useful feasibility study is obtaining a clear understanding of the study's audience and expectations. Feasibility studies may be undertaken for a variety of reasons, each requiring its own logical approach, level of eff
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