A sound knowledge of different facets of petro-Economics is a economics is a sine quo non particularly for the petro-chemical sectors dealing with exploration, development, production, refining, transportation. Storage and marketing of oil, natural gas and a wide range of petro- products. Evolution and application of the concept of petro-economics, following the first-ever major ` oil shock' in the early 1970s has gained strategic significance and tremendous momentum from the first decade of the 21st century on the following ground: (i) Emerging need for integration of national energy security with global energy security environment; (ii) Growing concern for safeguarding dwindling strategic oil and natural gas reserves to cater to the growing economy in the developing world (particularly the BRIC nations) with much greater projected future demand for oil and natural gas; (iii) segmentation of the global oil and natural gas market on a geo-political basis, compounded by the overwhelming ramifications of regional economic unions; (iv) price structuring, rationalization/ parity, and attendant accounting problems of oil and natural gas in terms of upstream, midstream, downstream, marketing/ retailing activities associated with crudes, refined oil and natural gas (including LNG, CNG) products.

Book Information
ISBN 9788182744219
Author A.N. Sarkar
Format Hardback
Page Count 556
Imprint Pentagon Press
Publisher Pentagon Press