Measuring the Systematic Risk of South Pars Field

Dr. Vida Varahrami

Volume 12 Issue 10

Global Journal of Management and Business

Iran is the biggest producer of natural gas. The most significant energy development project in Iran is South Pars field which is the biggest natural gas field of world. Capital asset pricing model (CAPM) is a famous model for measuring relation between risk and return. In this paper we extract systematic risk ( β ) of South Pars project which cannot be diversified away.