Small-scale LNG supply chain optimization for LNG bunkering in Turkey

Doymus, Mehmet; Şakar, Gül Denktaş; Yildiz, Şeyda Topaloğlu; Açık, Abdullah

doi:10.1016/j.compchemeng.2022.107789

Cited by 13 publications

(4 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Deluster et al 198 considered LNG distribution using bunker barges and tanker trucks along with inventory monitoring and management. Alvarez et al 199 incorporated split deliveries into the LNG distribution problem proposed by Deluster et al 198 Doymus et al 200 determined the optimal size and number of bunker barges required for the optimal allocation of the barges to facilitate ship-to-ship bunkering in Turkey.…”

Section: Decision Support Formentioning

confidence: 99%

Liquefied Natural Gas (LNG) Supply Chains: Recent Advances and Future Opportunities

Srinivasan,

Singh,

Deshpande

et al. 2024

Ind. Eng. Chem. Res.

View full text Add to dashboard Cite

Even as global economies shift away from a fossil-based energy mix to renewables, in many countries, the share of natural gas (NG) in their energy baskets is increasing. As the cleaner option among fossil fuels and given its widespread availability at scale, NG is expected to play a dominant role as the bridge fuel during the energy transition. NG is traded globally under cryogenic conditions as liquefied natural gas (LNG). The LNG supply chain comprises LNG exports, maritime transportation, imports, regasification, and distribution to various end users. This work provides a comprehensive review of the scientific advancements related to the overall LNG supply chain. In the last two decades, major developments have occurred in terminal modeling; process and energy optimization; safety, risk, and consequence assessments; and supply chain (SC) optimization. Our review reveals that the management of boil-off gas continues to be a core challenge, as reflected in the broad range of studies to model, control, and optimize this aspect. We conclude our review with insights on opportunities for future research, including SC resilience and operational efficiency. Finally, new-generation fuels such as hydrogen and its carriers are also often handled under cryogenic conditions. Therefore, research on their SCs should be informed by the literature on LNG SCs.

show abstract

Section: Decision Support Formentioning

confidence: 99%

Liquefied Natural Gas (LNG) Supply Chains: Recent Advances and Future Opportunities

Srinivasan,

Singh,

Deshpande

et al. 2024

Ind. Eng. Chem. Res.

View full text Add to dashboard Cite

show abstract

“…The variables used in modeling the LNG supply chain vary widely and include the distance between the receiving terminals [ 9 , 13 , 16 , 18 ], Hub Location [ 13 ], Inventory/storage size [ 13 ], vessel capacity [ 9 , 16 , 18 , 28 , 29 ], generating capacity [ 9 , 18 , 29 ], vessel speed [ 18 , 29 ], transportation costs [ 15 , 18 , 23 , 30 , 31 ], route [ 16 , 28 ], term and length of stay [ 15 ], Capex [ 5 , 15 ], and Opex [ 15 , 23 ]. Meanwhile, the objective function often used is the minimal cost [ 9 , 15 , 18 , 23 , 29 , 32 ], maximum revenue [ 6 , 33 ], and optimal cargo volume [ 16 ]. Research on the SS-LNG optimization model is still limited to point-to-point distribution systems with definite demand, so it often does not reflect real conditions in the field.…”

Section: Literature Reviewmentioning

confidence: 99%

Optimization of the risk-based small-scale LNG supply chain in the Indonesian archipelago

Machfudiyanto,

Muslim,

Humang

et al. 2023

Heliyon

View full text Add to dashboard Cite

“…The real option (RO) applies the theory of choice to assess real assets in a dynamic condition and there is uncertainty, such a decision is needed. The decision has the characteristics of being flexible, having business opportunities, and being strategic (Mun, 2006;Doymus et al, 2022;Liu and Ronn, 2020;Mbolo et al, 2008). Integrating the standard NPV method with real options to evaluate a project is recommended by many researchers (Wang and Halal, 2010).…”

Section: Risk Calculationmentioning

confidence: 99%

Techno-Economic and Risk Assessment of Small-Scale LNG Distribution for Replacing Diesel Fuel in Nusa Tenggara Region

Sommeng,

Usman,

Kurnianto

2023

IJEEP

View full text Add to dashboard Cite

The conversion of existing diesel-fuel power plants in remote areas of Indonesia to gas is a practical solution for the reduction of carbon emissions. However, the transportation of natural gas from its sources to plant gates across the vast and dispersed islands of the Indonesian archipelago using small-scale Liquefied Natural Gas (LNG) poses challenges in terms of economics and investment risks. Therefore, this study aims to analyze the techno-economic risks of converting diesel power plants spread across the Nusa Tenggara region to gas with acceptable prices. The real options method is applied to perform the economic evaluation based on a proposed cost-effective LNG distribution scheme. The gas demand from eight power plants with a total capacity of 347 MW across the region is 9,176 BBTU annually. The profitability analysis is carried out using Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PBP), and Profitability Index (PI) values showing USD 56,876,674, 15.3%, 7.25 years, and 1.48, respectively. The risk analysis using the real options method suggests that the investment risk is lower if the program starts in the first year with 20 years of operation. The use of gas lowers the cost of generation per kilowatt-hour and reduces carbon emissions compared to diesel-fueled power plants.

show abstract

Small-scale LNG supply chain optimization for LNG bunkering in Turkey

Cited by 13 publications

References 23 publications

Liquefied Natural Gas (LNG) Supply Chains: Recent Advances and Future Opportunities

Liquefied Natural Gas (LNG) Supply Chains: Recent Advances and Future Opportunities

Optimization of the risk-based small-scale LNG supply chain in the Indonesian archipelago

Techno-Economic and Risk Assessment of Small-Scale LNG Distribution for Replacing Diesel Fuel in Nusa Tenggara Region

Contact Info

Product

Resources

About