Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7398698 | Energy Policy | 2016 | 9 Pages |
Abstract
The contributions of this work are twofold. First, following the analysis of expenses and revenues, a new mixed integer programming model for LNG liquefaction and shipping is proposed from a corporate finance perspective. Furthermore, a solution approach for it is implemented and tested. Second, the model is used to derive a short term trade policy for the Middle Eastern LNG producers regarding the spot sale of their uncommitted product to Japan or to the UK, namely to: dispatch to whichever market has the higher current spot price, regardless of the variability of the transport expenses.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Hamed Nikhalat-Jahromi, Michael G.H. Bell, Dalila B.M.M. Fontes, Robert A. Cochrane, Panagiotis Angeloudis,