An economic model to manage the production of Petrovietnam’s oil and gas projects

Abstract

Managing Petrovietnam's oil and gas production projects both domestically and abroad requires efficient tools to support timely decision-making in an accurate response to market volatility and other risk factors.The article introduces an economic model built and developed in accordance with the characteristics of Petrovietnam’s oil and gas projects, which is a tool to help management agencies and oil and gas enterprises improve the efficiency of portfolio management against fluctuation of input factors.