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Cost‒Benefit Analysis for Petrochemical Projects

Author

Listed:
  • Philipp Galkin
  • Dongmei Chen
  • Colin Ward

    (King Abdullah Petroleum Studies and Research Center)

Abstract

Cost‒benefit analysis (CBA) has been used to assess investment projects for decades with the aim of quantifying their externalities and potential impacts on social welfare. However, the domain where CBA is applied has been primarily limited to direct public financing in several sectors where such impacts are perceived to be the most pronounced. This study explores the applicability of CBA principles to petrochemical investment and utilizes the proposed framework to assess a sample ethylene production project.

Suggested Citation

  • Philipp Galkin & Dongmei Chen & Colin Ward, 2023. "Cost‒Benefit Analysis for Petrochemical Projects," Discussion Papers ks--2023-dp06, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks--2023-dp06
    DOI: 10.30573/KS--2023-DP06
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    Keywords

    Belt and Road; Capital expenditure; Circular Carbon Economy; CO2 emissions;
    All these keywords.

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