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Development and evaluation of investment Decisions targeted at expansion of oil export routes from Russia

By: Contributor(s): Series: Vainshtok, S.M ; Description: 10 pDDC classification:
  • CD W938 1 0013960
In: v. 5, p. 125Summary: Resumen del autor, extraído del trabajo. The entity most fit to pursue export expansion projects of Russia is the Russian oil pipeline monopoly - JSC Transneft. Throughout all of these eight years the Company has been actively soliciting its ability to perform this coordinating role and succeeded in establishing itself as a key player in most of the proposed export expansion projects. Evaluation of the risk level and other factors is always based upon the opinions of experts and decision-makers. Here we witness the same situation that arises during the selection of corporate strategies or various business development ideas. For the last three years JSC Transneft has been using a new information technology for the preparation and enactment of decisions, which makes it possible to accumulate and compare all available information on competitive pipeline construction and expansion projects, rank them and combine, where necessary, evolving solutions at every stage of decision-making. The basis of this technology are custom made logical expert analysis information systems. A unique logical sequence for the analysis of conflicting ideas of major actors, evaluation of the significance of the objectives, the level of influence of each factor, risk, restriction, etc., is developed for each specific problem. There is a special software (expert analysis system generator), which initiates an interactive interrogation of an expert and processes the input data on the basis of the logical scheme, entered by the user. The template of the logical scheme looks like the so-called "dominance hierarchy". This procedure can be applied to one of the long-term export expansion projects - Phase 2 of the Baltic Pipeline System. This project targets increasing oil export from the Timan-Pechora region, as well as partial re-orientation of existing oil flows from West Siberia and the Volga-Urals region (including export of a portion of Kazakhstan production).
Item type: Congresos (trabajos presentados)

Resumen del autor, extraído del trabajo. The entity most fit to pursue export expansion projects of Russia is the Russian oil pipeline monopoly - JSC Transneft. Throughout all of these eight years the Company has been actively soliciting its ability to perform this coordinating role and succeeded in establishing itself as a key player in most of the proposed export expansion projects. Evaluation of the risk level and other factors is always based upon the opinions of experts and decision-makers. Here we witness the same situation that arises during the selection of corporate strategies or various business development ideas. For the last three years JSC Transneft has been using a new information technology for the preparation and enactment of decisions, which makes it possible to accumulate and compare all available information on competitive pipeline construction and expansion projects, rank them and combine, where necessary, evolving solutions at every stage of decision-making. The basis of this technology are custom made logical expert analysis information systems. A unique logical sequence for the analysis of conflicting ideas of major actors, evaluation of the significance of the objectives, the level of influence of each factor, risk, restriction, etc., is developed for each specific problem. There is a special software (expert analysis system generator), which initiates an interactive interrogation of an expert and processes the input data on the basis of the logical scheme, entered by the user. The template of the logical scheme looks like the so-called "dominance hierarchy". This procedure can be applied to one of the long-term export expansion projects - Phase 2 of the Baltic Pipeline System. This project targets increasing oil export from the Timan-Pechora region, as well as partial re-orientation of existing oil flows from West Siberia and the Volga-Urals region (including export of a portion of Kazakhstan production).



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