• Title/Summary/Keyword: oil cost

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A Study on the Optimization Problem for Offshore Oil Production and Transportation (해양 석유 생산 및 수송 최적화 문제에 관한 연구)

  • Kim, Chang-Soo;Kim, Si-Hwa
    • Journal of Navigation and Port Research
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    • v.39 no.4
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    • pp.353-360
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    • 2015
  • The offshore oil production requires a huge amount of cost and time accompanied by multiple variables due to the peculiar nature of 'offshore'. And every process concerned is controlled by elaborate series of plans for reducing loss of lives, environment and property. This paper treats an optimization problem for offshore oil production and transportation. We present an offshore production and transportation network to define scope of the problem and construct a mixed integer linear programming model to tackle it. To demonstrate the validity of the optimization model presented, some computational experiments based on hypothetical offshore oil fields and demand markets are carried out by using MS Office Excel solver. The downstream of the offshore production and transportation network ends up with the maritime transportation problem distributing the crude oil produced from offshore fields to demand markets. We used MoDiSS(Model-based DSS in Ship Scheduling) which was built to resolve this maritime transportation problem. The paper concludes with the remark that the results of the study might be meaningfully applicable to the real world problems of offshore oil production and transportation.

Features and Cost Reduction Effect of High Pressure LNG Pipeline Network (고압 LNG 배관망의 특성 및 비용절감 효과)

  • Kim, Ho-Yeon;Hong, Young-Soo;Noh, Joo-Young;Eom, Yun-Seong;Kim, Cheol-Man
    • Journal of Energy Engineering
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    • v.17 no.3
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    • pp.139-144
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    • 2008
  • Recently due to march as the high oil price, It is necessary for Korea to grope a plan, which is to increase the energy efficiency of existing facilities as well as to develop overseas gas and oil resources. With this point, this work carried out to approach the high pressure LNG pipeline network of Inchon receiving terminal with Newton method as corrective flowrate. We found that the high pressure network mainly depends on FCVs(Flow Control Valves). The high pressure pump showed the maximum efficiency at the FCVs of 50% opening and could discharge LNG only above the LNG head of 1,500m from a system curve obtained. The operating cost of pumps was estimated from their operating points. We compared the operating cost under normal operation with the operating cost under maximum efficiency. Especially, we obtained the day savings of a year as wells as the hour savings of a day. From the results, the high pressure network win be able to reduce the operating cost of 138 million wons in a year. This means that a pump can reduce the operating cost of 9,823 thousands won. Consequently, this work could find the operating features of the pumps under the complicated high pressure LNG network and the savings effect of the pump operating cost. Also, the results will be able to macroscopically contribute the heightening of national energy competitiveness as well as to microscopically contribute the future effective operation of LNG receiving terminal.

A Study on the Relation of the Design and Operating Economy for Bulk Carrier (散積貨物船의 設計와 運航經濟性과의 評價에 關한 硏究)

  • 박명규;최학선
    • Journal of the Korean Institute of Navigation
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    • v.16 no.2
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    • pp.1-19
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    • 1992
  • A Study for the relation between design parameters in conceptual stage and freight cost in operation of ocean-going bulk carrier was presented by economic criterial. Ship design procedure was followed to traditional method and programmed. The measure of merit is the Required Freight Rate(RFR). Parametric method used insteady of optimization technique due to easy to illustrate the results. Calculation results to the relation ship dimension, speed and operating cost in this paper show the influence of oil price is very important. Particularly, when oil price estimated as go up, owner choose a ship which lengh is long , breadth/draft is near 2.0 and speed is low. This program is useful for shipyard, consultant officer and owner all together.

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Impermeable Standards for the Concrete Bottom of Dikes for Crude Oil Storage Tanks (원유저장탱크 방류벽의 콘크리트 바닥재 불침투성 세부기준 연구)

  • Shin, Changhyun;Park, Jai Hak;Yoon, Junheon
    • Journal of the Korean Society of Safety
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    • v.31 no.1
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    • pp.54-60
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    • 2016
  • The bottom of dikes must be kept impermeable to control hazardous chemicals spilled from storage tanks. Currently, insufficient related chemical control laws lead to a possibility to spread through the bottom. Generally, due to the high cost of installation and periodical maintenance, many businesses prefer to install the bottom with general concrete. But, since the impermeability of concrete is dependent on the kind of materials and chemical reaction, all concrete cannot be considered as impermeable material. Thus, it is necessary to make the installation standards of the dike bottom clear in order to avoid the argument over the impermeability and prevent the chemical accident. This study has suggested the standards of impermeable concrete by conducting 7-day exposure test to crude oil with the pilot dikes. The results have showed that the standards have the better impermeable performance compared with the germany standard, which have been penetrated at the maximum penetration depth of 1.9 cm. This study is expected to contribute to both the risk reduction of penetrating into the bottom and the cost reduction of spending to make the bottom of dikes impermeable.

The Properties of Kenaf/Polyester Blended Nonwovens (케나프/폴리에스테르 혼방 부직포의 특성)

  • Lee, Hye-Ja;Yoo, Hye-Ja;Han, Young-Sook
    • Journal of the Korean Society of Clothing and Textiles
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    • v.31 no.7
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    • pp.1119-1127
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    • 2007
  • Nonwovens have been widely used in various regions from the households to the industrial, agricultural and medical goods. Synthetic fibers have been used for source of nonwovens commonly because of their useful and economic properties. They are not only main factor causing environmental problems but also spend huge cost to renew the environmental disruption by them. Nonwovens must have both cost-competitiveness and environment-friendly property to be the desirable sources in 21th centuries. For meet these needs, it is suitable for the times that economical and environmentally-safe kenaf fibers would be used as raw materials of nonwovens. Kenaf and polyester fibers were blended in 4 types of ratio : 0/100, 20/80, 40/60, 60/40 were needle-punched. The nonwovens properties such as color values, surface appearance, strength, elongations, stiffness, moisture regain, water and oil absorbency, and electrification were tested. As the results, tensile and tear strengths, water and oil absorbency were maximum at 20/80 kenaf/polyester blend nonwoven, because of effecting by nonwoven structure and fiber properties. The moisture regain were increased according to kenaf were blended and the eletrification reduced in proportion to the kenaf fibers by chemical property of fiber composed nonwovens.

Energy Saving Effects of Carbon Nano Heating Pipe for Heating of Greenhouse (탄소나노히팅파이프를 이용한 온실 난방에너지 절감효과)

  • Paek, Y.;Jeon, J.G.;Yun, N.K.
    • Journal of the Korean Society of Mechanical Technology
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    • v.13 no.3
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    • pp.107-111
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    • 2011
  • This carbon nano heating system was consisted of power supply equipment, a carbon fiber and a stainless flexible hose. carbon nano heating system was manufactured by carbon fiber of a power capacity 30kw/h and light-oil hot air heater in control plot was the heating capacity 30,000kcal/h, As the result, Temperature difference due to carbon nano heating system and hot air heater in greenhouse showed that air temperature at experimental greenhouse, comparison greenhouse were $14.8^{\circ}C$, $13.4^{\circ}C$ respectively. It was found that carbon nano heating system and light-oil hot air heater heating cost were 1,095,740won, 2,683,628won. therefore as heating cost saving 60%. Yield of tomatoes cultured in greenhouse using carbon nano heating pipe was 4% inclease. Economic analysis comparison between the carbon nano heating pipe and the hot air heater in greenhouse were 41% respectively.

Designs for Self-enforcing International Environmental Coordination (원유공급 위기의 경제적 효과에 관한 연구)

  • Cho, Gyeong Lyeob;Sonn, Yang-Hoon
    • Environmental and Resource Economics Review
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    • v.16 no.1
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    • pp.27-63
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    • 2007
  • Using the CGE model, this paper investigates economic impacts of a shortage in crude oil resulting from voluntary export restraints, OPEC's agreement of a cut in oil production, and/or a storing on speculation. Unlike most previous studies considering oil price as the unpredictable variable, this study constructs the model to determine the oil price endogenously under the condition of an insufficient supply of crude oil. According to IEA's extraordinary steps for a shortage of crude oil, we investigate an economic impact of 7~12% shortage below the level of business as usual. The results show that oil price soars by 17.3~33.5%, the rate of economic growth falls by 0.52~0.96%p, and the consumer price index(CPI) rises by 0.8~1.51%p. These results imply that increasing in 1%p of oil price results in decreasing in 0.03%p of economic growth and increasing in 0.045%p of consumer price index. The production of electricity declines because of the increase in production cost. A shortage of crude oil has an effect on sources of electricity. Most reduction in electricity generation occurs from the reduction in the thermal power generation which is highly dependent on crude oil. The shortage of crude oil causes demand for petroleum to significantly decline but demand for coal and heat to increase because of the substitution effect with petroleum. Demand for gas rise in the first year but falls from the second year.

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Effect of Dietary Lipid Sources on Growth, Enzyme Activities and Immuno-hematological Parameters in Catla catla Fingerlings

  • Priya, K.;Pal, A.K.;Sahu, N.P.;Mukherjee, S.C.
    • Asian-Australasian Journal of Animal Sciences
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    • v.18 no.11
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    • pp.1609-1616
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    • 2005
  • Ninety advanced Catla catla fingerlings (av. wt. 16 g) were randomly distributed in six treatment groups with three replicates each for an experimental period of 60 days to study the effect of dietary lipid source on growth, enzyme activities and immuno-hematological parameters. Six isoprotein (40.0-41.9%) and isocaloric (4,260 kcal $kg^{-1}$) semi-purified diets were prepared with varying levels of soybean oil (SBO) and cod liver oil (CLO) within a total of 8% lipid viz., $D_1$ (Control), $D_2$ (8% SBO), $D_3$ (6% SBO and 2% CLO), $D_4$ (4% SBO and 4% CLO), $D_5$ (2% SBO and 6% CLO) and $D_6$ (8% CLO). Highest SGR was noted in $D_5$ (0.73${\pm}$0.03) group, which was similar with $D_3$ (0.71${\pm}$0.02) and $D_4$ (0.69${\pm}$0.01) groups. Activity of intestinal lipase, hepatic glucose-6-phosphate dehydrogenase (G6PDH) and aspartate amino transferase (AST) of the lipid treatment groups were significantly higher (p<0.05) than the control group. The respiratory burst activity of the phagocytes (Nitroblue tetrazolium (NBT)) was highest in $D_2$ (1.95${\pm}$0.21) followed by $D_3$ (1.19${\pm}$0.15) group, which were significantly (p<0.05) higher than the other groups. Globulin level was significantly higher in $D_3$ (1.29${\pm}$0.08) than in the other groups expect $D_4$. Hemoglobin content and total erythrocyte count did not show any significant difference. From this study, it is concluded that a diet containing 6% soybean oil and 2% cod liver oil ($D_3$) yields higher growth and immune response in Catla catla fingerlings and would be cost effective.

A Study on Combustion and Emission Characteristics of Diesel Generator Fuelled with Coffee Ground Pyrolysis Oil (커피박 열분해유를 연료로 사용하는 디젤 발전기의 연소 및 배출물 특성에 관한 연구)

  • PARK, JUNHA;LEE, SEOKHWAN;KANG, KERNYONG;LEE, JINWOOK
    • Transactions of the Korean hydrogen and new energy society
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    • v.30 no.6
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    • pp.567-577
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    • 2019
  • Due to the depletion of fossil fuels and environmental pollution, demand for alternative energy is gradually increasing. Among the various methods, a method to convert biomass into alternative fuel has been proposed. The bio-fuel obtained from biomass through pyrolysis process is called pyrolysis oil (PO) or bio-oil. Because PO is difficult to use directly in conventional engines due to its poor fuel properties, various methods have been proposed to upgrade pyrolysis-oil. The simplest approach is to mix it with conventional fossil fuels. However, due to their different polarity of PO and fossil fuel, direct mixing is impossible. To resolve this problem, emulsification of two fuels with a proper surfactant was proposed, but it costs additional time and cost. Alternatively, the use of alcohol fuels as an organic solvent significantly improve the fuel properties such as fuel stability, calorific value and viscosity. In this study, blends of diesel, n-butanol, and coffee ground pyrolysis oil (CGPO) which is one of the promising PO, was applied to diesel generator. Combustion and emissions characteristics of blended fuels were investigated under the entire load range. Experimental results show that ignition delay is similar to that of diesel at high load. Although, hydrocarbon and carbon monoxide emissions are comparable to diesel, significant reduction of nitrogen oxides and particulate matter emissions were observed.

A Study on Changes in Industrial Value Added Response to Oil Prices in Korean (한국경제의 유가에 대한 산업부가가치 반응변화 연구)

  • Yoon Kyung Kim;Ji Whan Kim
    • Economic and Environmental Geology
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    • v.56 no.4
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    • pp.447-456
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    • 2023
  • Even after 2000, oil prices rose enough to be comparable to the past, but the impact on economic variables was relatively stable. Therefore, this study tries to empirically examine that the response of the Korean economy to oil prices has changed since the 1998 financial crisis, when there was a structural change in the Korean economy. Through empirical analysis, it was tested that the influence of oil prices and producer prices on consumer prices had changed in the period before and after 1998, and that the influence of producer prices on the value-added ratio by industry sector also changed. This means that the transfer of the increase in production cost to consumer prices has been alleviated, and the impact on added value has also been alleviated. Various studies should be conducted to understand the causes of the empirical results, such as changes in the relationship between producer prices and consumer prices, factors in the industrial sector due to rising oil prices, and changes in products.