Emhjellen, Magne; Løvås, Kjell; Osmundsen, Petter - Universitetet <Stavanger> / School of Business …
Financial leasing is prevalent in LNG projects. Actually, in many LNG infrastructure projects,leasing is the only option for oil companies. A common approach in such settings is to treatfinancial leasing costs as operating cost and discount with the firm s weighted average cost ofcapital (WACC)....