Global Petroleum, Gas and Oil Markets and Global Environmental and Emerging issues – November 2019 Past Paper – KNEC Diploma

Past Examination Question Paper – KNEC

This Past Paper examination was examined by the Kenya National Examination Council (KNEC) and it applies to the following courses

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THE KENYA NATIONAL EXAMINATIONS COUNCIL

DIPLOMA IN PETROLEUM MANAGEMENT

MODULE I

GLOBAL PETROLEUM, GAS AND OIL MARKETS AND GLOBAL ENVIRONMENTAL AND EMERGING ISSUES

1. (a) Explain six ways in which carbon trading is carried out through the cap and trade schemes. (12 marks)
(b) The power of Organization of Petroleum Exporting Countries (OPEC) to regulate the global prices of crude oil has significantly reduced over time. Outline four factors that may account for this trend. (8 marks)

2. (a) Explain six ways in which sulphur as a pollutant has a negative impact on the environment. (12 marks)
(b) There are certain standards that should be observed when transporting natural gas by pipeline. Describe four of these standards. (8 marks)

3. (a) Transport emissions in most urban areas in Kenya are at relatively high levels.
Outline six measures that may be taken to reduce these emissions. (12 marks)
(b) Explain four ways in which development of the oil deposits of Eurasia may define the relationships of the countries in the region. (8 marks)

4. (a) There are certain economic factors that an enviromental authority should consider in order to design an effective air quality control strategy. Describe six of these factors. (12 marks)

5. (a) Explain five provisions Paris Agreement on climate change that was reached as a follow up on the Kyoto Protocols. (10 marks)
(b) One of the reference crude oil is the West Texas Intermediate (WTI). Describe five characteristics of this oil. (10 marks)

6. (a) A certain country that recently discovered commercial deposits of natural gas intends to establish a transportation system for the commodity. Describe five facilities that will be required for the system to be operational. (10 marks)
(b) Explain five factors that may account for the delayed exploitation of the crude oil deposits recently discovered in the East African region. (10 marks)

7. (a) Outline six factors that may determine the price of refined petroleum in a country. (12 marks)
(b) Explain four factors that may limit the global growth in the demand for Liquefied Natural Gas (LNG) . (8 marks)



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