| ID | 149963 |
| Title Proper | Spot sale of uncommitted LNG from Middle East: Japan or the UK? |
| Language | ENG |
| Author | Nikhalat-Jahromi, Hamed ; Bell, Michael G H ; Fontes, Dalila B M M ; Angeloudis, Panagiotis |
| Summary / Abstract (Note) | The importance of liquefied natural gas (LNG) is rising as demand for it grows rapidly and steadily due to growth in energy demand, the transition to a low carbon economy and the longer distances over which natural gas is now traded. Given its importance, this work proposes an optimization model that assists to decide on when and where LNG should be delivered by coordinating tanker type, assignment and routing, inventory management, contract obligations, arbitrage and uncommitted LNG. The model maximizes the profit mainly by taking advantage of price differences between different markets. |
| `In' analytical Note | Energy Policy Vol. 96, No.96; Sep 2016: p.717–725 |
| Journal Source | Energy Policy 2016-09 96, 96 |
| Key Words | LNG ; Operational Planning ; EBITDA ; Inventory Routing Problem ; Spot Sale |