• Industrial Engineering and Management Systems
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• v.15 no.4
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• pp.307-317
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• 2016

According to most of energy sector experts, at least in the next two decades, fossil energy plays important role in fulfilling required energy in the world. Based on these conditions, the investigation of the conditions of major countries providing natural gas in the world can be useful in analysis of future development of this clean fuel. According to the latest estimations of British Petroleum Company, Iran with 18.2% natural gas reservoirs has the first natural gas reservoirs in the world. The main purpose of this paper is developing scenarios of gas industry in Iran. To achieve the mentioned goals, besides investigation of existing methods of scenario design and existing production scenarios, natural gas export and consumption in Iran and the world in 2035, the most important scenarios of gas industry in Iran are formulated by critical uncertainty analysis approach using quantitative advanced time based impact analysis in 2035 horizon.

• New & Renewable Energy
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• v.4 no.2
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• pp.61-67
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• 2008

The price to import natural gas continues to rise, as well as the rate of its domestic consumption. This research examined the economic feasibility of domestically developing and producing gas hydrate to substitute imported natural gas. Today, the industry still lacks the technology to commercially produce gas hydrate. However, if the gas hydrate is able to be commercially produced domestically and replace imported natural gas, the annual economic benefit for the Republic of Korea would be 211 - 833 USD/ton. Gas hydrate is rated as a high value investment by the gas industry since the potential annual profit can reach over 150USD/ton. The commercial value of gas hydrate development will increase as long as the natural gas market continues to expand and its consumption increase remains steady. With further development of technology, one can anticipate an even higher expected return on the investment.

• Korean Management Science Review
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• v.14 no.1
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• pp.1-10
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• 1997

We consider a problem of estimating the economics of scale for the natural gas industries. The goal programming/constrained regression is employed for estimating the economics of scale for the natural gas industry, and the problem is formulated as a linear programing problem. Also the translog cost function is used to represent the cost structure for the natural gas industry. The Korean Gas Corporation was selected as a case study, and we demonstrate that the suggested goal programming/constrained regression approach is appropriate for estimating the economies of scale for the Korean nature gas industry.

• IE interfaces
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• v.13 no.4
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• pp.658-667
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• 2000

Seasonal variation of natural gas demand coupled with rigid and stable import pattern of gas represents the characteristic feature of the Korean Liquified Natural Gas(LNG) industry. This attribute has required a huge amount of investment for the construction of storage facility. Thus, to minimize the supply cost, it is legitimate to reduce storage requirement itself. In this study, we combine three alternative methods to deal with the storage requirement to minimize the supply cost. Those are (1) adding additional storage tanks, (2) inducing large firm customers, and (3) constructing gas-turbine self generation facilities. Methodologically, we employ the mixed integer program (MIP) to optimize the system. The model also consider demand and price-setting scheme in separate modules. From the results, it is shown that if alternatives are combined optimally, a number of storage tanks can be reduced substantially compared with the original capacity plan set by the industry authorities. We perform various sensitivity analyses to check the robustness of the results. The methodology presented in this study can be applied to the other physical network industry, such as hydraulics. The empirical results will shed some light on the rationalization of capacity planning of the Korean natural gas industry.

• 한국신재생에너지학회:학술대회논문집
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• 2008.05a
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• pp.107-110
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• 2008

The price of natural gas import continues to rise, as well as its domestic consumption rate. This research examined the economic feasibility of domestically developing and producing gas hydrate to substitute imported natural gas. Today, the technology to commercially produce gas hydrate is still lacking; however, if the gas hydrate is able to be commercially produced domestically and replace imported natural gas, the annual economic benefit for the Republic of Korea would be 211 - 833 USD/ton. From the industry's point of view, gas hydrate is a high value investment since one can expect an annual profit of over 150USD/ton. The commercial value of gas hydrate development will increase as long as the natural gas market continues to expand and as the increase of natural gas consumption remains steady. With further development of technology, one can anticipate an even higher expected return on the investment.

• 한국가스학회:학술대회논문집
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• 2003.10a
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• pp.219-224
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• 2003

• International Journal of Naval Architecture and Ocean Engineering
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• v.5 no.1
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• pp.21-32
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• 2013

Marine transportation industry is undergoing a number of problems. Some of these problems are associated with conventional marine fuel-oils. Many researchers have showed that fuel-oil is considered as the main component that causes both environmental and economic problems, especially with the continuous rising of fuel cost. This paper investigates the capability of using natural gas and hydrogen as alternative fuel instead of diesel oil for marine gas turbine, the effect of the alternative fuel on gas turbine thermodynamic performance and the employed mathematical model. The results showed that since the natural gas is categorized as hydrocarbon fuel, the thermodynamic performance of the gas turbine cycle using the natural gas was found to be close to the diesel case performance. The gas turbine thermal efficiency was found to be 1% less in the case of hydrogen compared to the original case of diesel.

• Transactions of the Korean hydrogen and new energy society
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• v.30 no.2
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• pp.111-118
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• 2019

Greenhouse gas emissions have a profound effect on global warming. Various environmental regulations have been introduced to reduce the emissions. The largest amount of greenhouse gases, including carbon dioxide, is produced in the steel industry. To decrease carbon dioxide emission, hydrogen-based iron oxide reduction, which can replace carbon-based reduction has received a great attention. Iron production generates various by-product gases, such as cokes oven gas (COG), blast furnace gas (BFG), and Linz-Donawitz gas (LDG). In particular, COG, due to its high concentrations of hydrogen and methane, can be reformed to become a major source of hydrogen for reducing iron oxide. Nevertheless, continuous COG cannot be supplied under actual operation condition of steel industry. To solve this problem, this study proposed to use two alternative COG-based fuel mixtures; one with natural gas and the other with biogas. Reforming study on two types of mixed gas were carried out to evaluate catalyst performance under a variety of operating conditions. In addition, methane conversion and product composition were investigated both theoretically and experimentally.

• Journal of the Korean Institute of Gas
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• v.20 no.4
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• pp.7-14
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• 2016

The economic crisis in North Korea has reduced its capacity to invest in the energy industries. The country is going through a vicious cycle of decreased investment in the energy industries and reduced energy production. This suggests that the energy industries would come to the top priority of investment once the economy improves. This paper calculated the economic ripple effect of the investment on North and South Korean economies based on the assumption that 390 billion won was invested in the construction of a natural gas combined-cycle power plant in Gaesong Industrial Complex. In order to analyze the economic ripple effect of the investment on North Korean economy, we constructed the inter-industry relation table of North Korea for year 2014 and used the input-output model. The ripple effect of the investment in the natural gas industry turned out to be 1.012 billion dollars. In order to analyze the effect of the investment on South Korean economy, we constructed the inter-industry relation table of South Korea for year 2013 and used the demand-driven model for inter-industry analysis. As a result, production, added-value and employment inducement coefficients of the investment in the natural gas industry were calculated as 2.02073, 0.62697 and 8.99409 respectively.

• 유체기계공업학회:학술대회논문집
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• 1999.12a
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• pp.90-96
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• 1999

In contracts for sales of natural gas between sellers and buyers, it is not suncient to only measure a volumetric quantity of gas in flowing conditions in metering station. Therefore the measured volumetric quantity must be converted to that of reference conditions. The density of the natural gas required in such a calculation can be measured directly or estimated from the equation of sate or any other experimental methods. The specific gravity meter is the apparatus used to measure the density of fluids under the reference conditions and it can be widely used in industrial areas, especially in massive flow rate natural gas industry. This study has been carried out in an attempt to improve measurement accuracy of natural gas flow rate calculation, providing the adequate installation and proper operation conditions of specific gravity meter. The test results are 1) the density measurement errors in case of using methane and standard gas as calibration gases are smaller than using methane and nitrogen gas, 2) the periodical calibration to maintain accurate density measurements is essential, and 3) the specific gravity meter is sensitive to changes of environmental conditions, especially environmental temperature surrounding the specific gravity meter.