Developments in Natural Gas Purchase Contracts

Optimization of Purchase, Storage and Transmission Contracts for Natural Gas Utilities

Liquefied Natural Gas Developments Specialreport

A multi-tube, spirally-wound, cryogenic heat exchanger, the main heat exchanger (MHE) is the principal piece of heat-transfer equipment in mixed-refrigerant liquefaction cycles for producing liquefied natural gas (LNG). An MHE unit operation model called the spirally-wound tube-bundle module was developed as an integral component of the dynamic simulation capabilities for a process modeling pac...

Indifference pricing of natural gas storage contracts

Natural gas markets are incomplete due to physical limitations and low liquidity, but most valuation approaches for natural gas storage contracts assume a complete market. We propose an alternative approach based on indifference pricing which does not require this assumption but entails the solution of a highdimensional stochastic-dynamic optimization problem under a risk measure. To solve this...

A Green-Resilient Assessment of Industrial Developments in Persian Gulf (Case Study: Natural Gas Production)

Growing global demand for energy, result in depletion of easily access source of fossil fuels. To fulfillment of this huge demand, oil and gas industry expanded to develop offshore oil and gas reservoirs in recent years, which made environmental management challenging. IRAN owns one of the biggest offshore gas reservoir in PERSIAN GULF with high geopolitical and financial importance. Along the ...

Predictive Control of Gas Injection in Natural Gas Transport Networks

The present sought to draw a comparison between Model Predictive Control performance and two other controllers named Simple PI and Selective PI in controlling large-scale natural gas transport networks. A nonlinear dynamic model of representative gas pipeline was derived from pipeline governing rules and simulated in SIMULINK® environment of MATLAB®. Control schemes were designed to provide a s...