FINANCIAL ASSESSMENT OF ALCO ENGINE RESTORATION

Saputro, Rushandoko Cahyo and Subiakto, Subiakto (2016) FINANCIAL ASSESSMENT OF ALCO ENGINE RESTORATION. International Conference on Ethics of Business, Economics, and Social Science. pp. 75-90. ISSN 2528-617X

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Abstract

Crude oil produced from several PT. XYZ fields in Riau will be sent to Gathering Stations and then collected to Dumai storage tank before lifted to Offtakers. It came from domestic and also from International such as Japan, China, Russia and other countries. Shipping pump with 2400 HP capacity and consist of 4 units which used to support daily lifting activities. Crude oil lifting average is around 120 MM BOPY. At the one moment and condition, there is possibility to lift it with 4 unit engine running. Surprisingly in 2015, one-unit shipping pump was damaged. In this thesis, Author firstly do SWOT analysis to take information from an environmental analysis and separate it into internal and external issues. In deeply assessment, Author also assesses the financial aspect by Capital Budgeting analysis and risk management. Furthermore to meet the crude oil demand from buyers and to meet crude oil quotas target as one of Production Sharing Contract of Government Indonesia. By this condition, there are some efforts to put ALCO engine back to run by generating several alternatives. Hopefully the selected alternative will be the best solution with consider contract expiration in 2021. Keyword: Risk Analysis, financial analysis, Offtakers, NPV, depreciation, SWOT

Item Type: Article
Subjects: Prosiding > Proceeding of ICEBESS 2016
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Pendidikan Ekonomi
Depositing User: Admin Pendidikan Ekonomi FE
Date Deposited: 30 Sep 2016 00:18
Last Modified: 01 Feb 2019 01:42
URI: http://eprints.uny.ac.id/id/eprint/41775

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