02188nmc a2200229 4500 20260520005604.0 260224s2001 xxu ing Inglés Project Finance in the Brazilian Petroleum Industry SPE 69469 Dallas, Texas Society of Petroleum Engineers 2001 12/09/06 ; 17/07/01 In order to cover the financial capability of Public sector in the emerging countries, new ways of financing of the Public expenditure in infrastructure projects need to be studied. This is the particular case of the Petroleum Industry in Brazil. Perhaps, without private capital, both national or foreign, the Brazilian Industry will never be able to support itself his own consumption demands. Therefore, the use of Project Finance (PF) modeling to meet an alternative way to Corporate Finance, will be extensively used to substitute the governmental role of Public Investor, who, besides, doesn’t have more capability to invest intensively in Petroleum Projects. Some advantages brought throughout Project Finance is separation of the project risk, by the creation of the SPC (Special Purpose Company), whose account life has independence to the players of the project. Otherwise, this kind of financial modeling is used in projects that require intensive amounts of capital, like oil and gas projects. So, despite the higher cost of capital, the Project Finance alternative can be extensively used to find out his owns self-sufficient in the production of oil and gas. CONGTP Ferreira Filho, Virgilio José M. 6086 Goncalves Neto, Armando Celestino 6087 Latin American and Caribbean Petroleum Engineering Conference (7th : 2001 mar. 25-28 : Buenos Aires, Argentina) 5738 Goncalves Neto, Armando Celestino 6087 Latin American and Caribbean Petroleum Engineering Conference (7th : 2001 mar. 25-28 : Buenos Aires, Argentina) 5738 Ferreira Filho, Virgilio José M. 6086 130969 130969 https://biblioteca.iapg.org.ar/ArchivosAdjuntos/LACPEC2001/Spe69469.pdf 0 0 0 0 201891 BVIAPG BVIAPG 2026-03-03 200003016 0 200003016 2026-03-03 01:41:06 2026-03-03 ARCHIVO