Info Report Check
Submission incomplete:
1: The DOE is requested to include information on how it has validated the input values to the financial calculations as per VVM v 1.2 paragraph 114 (a).
In particular:
(i) the total investment in the WHR units, given that the reference provided in the VR (reference 18) refers to two gas turbine compressor package, which, as per the project description in the PDD, are not a part of the project activity.
(ii) the existence of two different prices for natural gas. In doing this, the DOE is requested to explain how it validated that the natural gas saved with the implementation of the project activity would not be sold only in the domestic market.
(iii) the specific royalties for domestic and export market and the appropriatenes of the calculation of the applied royalty for the proposed project activity.
(iV) the value of NCV of natural gas in kCal/Sm3 used in the calculation of natural gas savings.
(v) the payment schedule (i.e. two years, 95% of total investment in the first year and 5% in the second year);
(iv) the WHRU OPEX. In doing this, the DOE is requested to explain how it validated the requirement of additional salaries in the project scenario as compared to the baseline scenario

2: The DOE is requested to provide information on how it has validated the suitability of the discount rate applied as per VVM v 1.2 paragraph 114 (b).
The DOE is requested to explain how it validated:
(i) the suitabilitiy of this discount rate for the specific project, (ii) the ROA in the period 2006/2009 for the PP and (iii) the ROA for the other O&G companies. In doing this, the DOE is requested to clarify which O&G companies were used for this comparison.

3: The DOE is requested to provide information on how it has assessed the existence of the similar projects for common practice analysis as per VVM v 1.2 paragraph 121 (b).
In particular, how the appropriateness of the assessment report on heat recovery units for hot oil heating in relevant business Environment for South American O&G industry for the validation of the existence of similar projects.