A Study on the competitiveness of Inner Mongolia CTL Project

Considering the situation of Inner Mongolia and the international oil industry, two new forces, ‘government regulation’ and ‘industry fluctuation’, are added to the ‘five forces’ analysis model to be a ‘Seven Forces’ analysis model, which is to be used to analyze the competitiveness of Inner Mongolia CTL project. In addition, real options are introduced to compare the competitiveness of CTL in different uncertainties.