Investment Profitability Study For A Gas Pipeline Global Analysis

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INVESTMENT PROFITABILITY STUDY FOR A GAS PIPELINE

GLOBAL ANALYSIS

Year

Technical Data (Constant Money)


Volume (MMcfd)
Volume (Bcf)
Accumul. Volume
Capex Planning
Investissement (M$)
Opex/Capex
Opex (M$)

2610

390

390

50%
195

25%
98

200
73
73

200
73
146

200
73
219

200
73
292

200
73
365

25%
98

2.0%

234
Year

Economic Assumptions
Inflation

2.0%

1.00

1.02

1.04

1.06

1.08

1.10

1.13

1.15

Discount Rate

10%

1.00

1.10

1.21

1.33

1.46

1.61

1.77

1.95

Tariff P ($constant/Mcf)
Tariff P ($current/Mcf)

1.50
1.50

1.53

1.56

1.59

1.62

1.66

1.69

1.72

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INVESTMENT PROFITABILITY STUDY FOR A GAS PIPELINE


GLOBAL ANALYSIS
Cash Flow Schedule (Current Money)
Revenues

5676

Investment

396

Depreciation number of years

195

99

116

119

121

123

126

101

15

Depreciation Charges

396

26

26

26

26

26

Opex

336

8.3

8.4

8.6

8.8

9.0

Deductible Charges
Taxable Income
Income Tax

732
4944
1483

35
82
24

35
84
25

35
86
26

35
88
26

35
90
27

Net Accounting Result


Cash Flow

3461
3461

59
85

60
87

62
88

63
90

Cash Flow (Constant Money)


Internal Rate of Return
Discounted Cash Flow
Accumulated Cash Flows

2284
17%
306
NPV

30.0%

-195

-99

-101

57
83

-195

-98

-98

79

79

78

78

78

-195
-195

-89
-284

-81
-364

59
-305

54
-252

49
-203

44
-159

40
-119

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10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

210
77
442

220
80
522

230
84
606

240
88
694

250
91
785

250
91
876

250
91
967

250
91
1059

250
91
1150

250
91
1241

250
91
1332

250
91
1424

250
91
1515

250
91
1606

250
91
1697

250
91
1789

250
91
1880

250
91
1971

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

1.17

1.20

1.22

1.24

1.27

1.29

1.32

1.35

1.37

1.40

1.43

1.46

1.49

1.52

1.55

1.58

1.61

1.64

2.14

2.36

2.59

2.85

3.14

3.45

3.80

4.18

4.59

5.05

5.56

6.12

6.73

7.40

8.14

8.95

9.85

10.83

1.76

1.79

1.83

1.87

1.90

1.94

1.98

2.02

2.06

2.10

2.14

2.19

2.23

2.27

2.32

2.37

2.41

2.46

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10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

135

144

154

163

174

177

181

184

188

192

195

199

203

207

212

216

220

225

26

26

26

26

26

26

26

26

26

26

9.1

9.3

9.5

9.7

9.9

10.1

10.3

10.5

10.7

10.9

11.1

11.4

11.6

11.8

12.1

12.3

12.5

12.8

36
99
30

36
108
32

36
118
35

36
127
38

36
137
41

36
141
42

37
144
43

37
147
44

37
151
45

37
154
46

11
184
55

11
188
56

12
192
58

12
196
59

12
200
60

12
204
61

13
208
62

13
212
64

69
96

76
102

82
109

89
115

96
123

98
125

101
127

103
130

106
132

108
134

129
129

132
132

134
134

137
137

140
140

142
142

145
145

148
148

82

85

89

93

97

96

96

96

96

96

90

90

90

90

90

90

90

90

38
-80

36
-44

34
-10

33
23

31
53

28
81

25
107

23
130

21
151

19
170

16
186

15
201

13
214

12
226

11
238

10
248

9
257

8
265

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26

27

28

29

30

31

32

250
91
2062

250
91
2154

250
91
2245

250
91
2336

250
91
2427

250
91
2519

250
91
2610

26

27

28

29

30

31

32

1.67

1.71

1.74

1.78

1.81

1.85

1.88

11.92

13.11

14.42

15.86

17.45

19.19

21.11

2.51

2.56

2.61

2.66

2.72

2.77

2.83

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26

27

28

29

30

31

32

229

234

238

243

248

253

258

13.1

13.3

13.6

13.9

14.1

14.4

14.7

13
216
65

13
220
66

14
225
67

14
229
69

14
234
70

14
238
72

15
243
73

151
151

154
154

157
157

160
160

164
164

167
167

170
170

90

90

90

90

90

90

90

8
273

7
280

6
286

6
292

5
297

5
301

4
306

Page 6

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