Tolkunov A. Іnvestment attractiveness of oil and gas perspective objects within eastern part Ukrainian sector of the Black Sea.

The following is a category of investment attractiveness of a hydrocarbon object, which can be defined as the totality of its various objective characteristics due to the capabilities and limitations of the efficient use of available resources, which may occur in the process of investment in the implementation of the project. It was determined that the main hydrocarbon criteria of investment attractiveness of the object are the results of geological and economic evaluation (predicted hydrocarbon reserves, NPV, IRR, the amount of costs, payback period, etc.) based on the characteristics of the investment regime, which is defined by mechanisms of state regulation, tax regime, organizational and legal regime, and etc. The analysis of international and domestic experience in attracting investments in oil and gas projects had been made by the author of the research. The author substantiated the necessity to account geological risks when determining the discount rate by allowances which considers both the degree of scrutiny of the object and the probability of geological success of the project. Key performance indicators of investment in the implementation of mining projects prepared for deep drilling structures of Prikerchenskiy Black Sea shelf were calculated. The most attractive for investment is Lychahina, Abikh and South Kerch structure.