School on Economics and Business Administration��Beijing Normal University��Beijing 100875��China

The shortage of oil has become as a drawback for economic development of China�� The increasing oil import and foreign-trade dependence enlarge the risk�� Within all the means to guarantee the safety of liquid fuel supplement��the utilization of shale oil--a good alternative recourse of oil--is the most realistic�� Jilin Province has abundant oil shale resources��which provides favorable conditions for shale oil industry�� But the giant amount of money makes a great burden on public finance if invested all by government��and engenders hindrance to the development of oil shale resources in Jilin Province�� BOT project financing model��as a new financing model��has been widely used in the construction of national infrastructure��and its special characteristics are very beneficial for solving the problem of fund shortage in the construction of the exploitation and utilization of oil shale��