An Economic Analysis by Sea Change Economics, LLC August, 2020
Table of Contents
Introduction/rationale                                                                                              2
Part 1: What’s at risk?                                                                                               3
The value of sectors at risk                                                                                      3
How much oil is needed to match the risk?                                                         4
Appendix I: Risk value                                                                                              6
Methodology                                                                                                               8
- Estimated value of potentially affected industries 8
- Oil price minimum value matrix 12
Part 2: Case studies of recent oil market entrants 14
      Part 3: Analysis of Sovereign Wealth Fund & BPC Agreements                18
     Appendix 2: relevant details from Licence Q&A text, from BPC website (link)                                                                                                                             22
References                                                                                                                   26

