Triality - Presstogo
Triality - Presstogo
Triality - Presstogo
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figure 3: triality financial performance for different fuel<br />
price scenarios.<br />
TRIALITY IS BEST<br />
Oil price (USD/MMbtu) LNG price (USD/MMbtu)<br />
L<br />
L<br />
L<br />
R<br />
R<br />
R<br />
H<br />
H<br />
H<br />
PV b.t. from conp. to the conv. VLCC (MUSD) Payback time (yrs)<br />
2010-35 2010-35 -100.0 -50.0 0.0 50.0 100.0 150.0 0.0 -5.0 10.0 15.0 >20.0<br />
L<br />
R<br />
H<br />
L<br />
R<br />
H<br />
L<br />
R<br />
H<br />
<strong>Triality</strong> is more profitable than the conventional<br />
VLCC except in the low oil price scenario<br />
so far we have mainly discussed the financial performance given the reference<br />
fuel price scenario. there are major uncertainties connected with<br />
fuel price developments. the figure below gives a more detailed view of<br />
fuel price scenarios, present values and the payback time on marginal<br />
investment (mUsd 14). triality is more profitable than the conventional<br />
vlcc in the reference (r) and high (h) oil price scenarios irrespective of<br />
the lng price scenario. the present value before tax is mUsd 9–129.<br />
the payback time on marginal investment is 6–16 years.<br />
MUSD 24
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