ON IMPROVEMENT OF TECHNOLOGIES FOR CREDITING OIL AND GAS COMPANIES
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Author(s): | Balabin A. A., |
| Number of journal: | 4(41) | Date: | November 2017 |
| Annotation: | Low and volatile energy prices make it difficult for oil and gas producers to obtain loans. According to the current forecasts, these difficulties are not a temporary phenomenon and require the improvement of technology for assessing the creditworthiness of energy sector enterprises. Further specialization of corporate credit risk models seems promising. It is necessary to introduce and use new types of credit security for Russia. Companies should produce organizational and structural changes that allow investors to offer attractive investment objects that are understandable in terms of risks. The introduction of financial technologies in lending should be supported by changes in Russian legislation. |
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| Keywords: | oil price, lending, oil and gas companies, corporate credit risk models, collateral for credit, рroved reserves, credit line, debt limit, reserve-based lending, subsurface mineral rights, spin-out, royalty trust. |
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| For citation: | Balabin A. A. On improvement of technologies for crediting oil and gas companies // Business. Education. Law. 2017. No. 4 (41). P. 105–110. |
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