Methodology for assessing the efficiency of investments in the construction of oil and gas industry

Abstract

Methodology for assessing the efficiency of investments in the construction of oil and gas industry

Tukhareli V.D., Tukhareli A.V., Ochirov N.D.

Incoming article date: 18.11.2018

In modern Russia, market relations determine the direction of capital investments in the oil and gas industry. Preference is given to capital investments in profitable and fast-paying construction projects.. Increasing the efficiency of capital investments with their relative reduction can be achieved with the full intensification of oil and gas construction, which creates fixed assets for the oil and gas industry. The criterion for improving the efficiency of construction production can be called a reduction in the estimated cost of construction projects, reducing production costs with the growth of national income. Differences in the domestic and foreign assessment of the efficiency of capital investments in the oil and gas complex are due to the peculiarities of the construction process in this industry. Therefore, the methodology of a clear distinction in certain areas of construction, considering the construction industry as a process that ensures the development of the oil and gas industry as a whole, will assess the effectiveness of capital investments in the construction of oil and gas facilities for the entire period of investment.

Keywords: organization of construction, oil and gas facilities, technological processes of construction, efficiency of capital investments