Tag: ROT

  • ROT & MOT Models: Contractual Mechanisms to Address Aging State-Owned Industrial Assets

    ROT & MOT Models: Contractual Mechanisms to Address Aging State-Owned Industrial Assets

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    The escalating *maintenance costs in heavy industries—including the oil and gas sector—are widely recognized. As facilities age, these costs inevitably rise. Annual data on corrosion‐related expenses, combined with production shutdowns caused by both planned and unplanned maintenance, clearly demonstrate the need for substantial capital expenditure. Moreover, the 14.5% revenue share allocated to the National Iranian…