Applies to any project in which gases or liquids are transported by pipeline. It usually applies to oil and gas pipelines, both onshore and offshore and to multi-product pipelines onshore. It sometimes applies to water projects. The project typically consists of the pipeline (usually buried underground if onshore), the pumping (or compressing) facilities, any storage facilities and the supervisory control and data acquisition system. Such projects:
- are technically simple (unless in deep water or in high mountains or a multi-product pipeline with multiple product tanks).
- contain some equipment and material which may need to be imported
earn their revenues from a throughput agreement with a take-or-pay clause.
have their tariffs negotiated with escalation and indexation clauses and split into capacity (fixed) and operating (variable) elements.
sometimes take title to the product and sells it at the other end.
do not usually earn foreign exchange unless it is a cross border pipeline.
are subject to straightforward taxation calculations
How Promoter handles Pipeline projects
Promoter takes into account a gas or liquid pipeline with up to twelve offtakers.
The user places key coordinates so that Promoter can illustrate the network