Economic elements of TEFCEL Model

Economic elements of TEFCEL constitutes of any and all micro-economic issues of the project and contract including but not limited to the economic FS, Survey and SWOT; economic IRR/ROR; economic R-Factors of petroleum contracts; optimization of costs and revenues; economic cash-flow (cash out & in) balancing and outcomes; economic lifecycle management; incentive packages; reserves booking; HG & IOC takes;

Further issues and related explanations should be elaborated in the particular course of TEFCEL Model