A probabilistic economic analysis of the transportation of GTL Blends through TAPS

A. Ibironke; S. Patil; G. Chukwu; D. Reynolds; A. Dandekar; S. Khataniar

doi:10.1080/15567240802459219

A probabilistic economic analysis of the transportation of GTL Blends through TAPS

A. Ibironke, S. Patil, G. Chukwu, D. Reynolds, A. Dandekar^*, S. Khataniar

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

The Alaska North Slope is a potential candidate for gas to liquid (GTL) technology. With over 38 trillion cubic feet (TCF) of natural gas reserves stranded on the Alaska North Slope, GTL technology is considered as a possible method of harnessing the abundant resources. The main objective of this study is to perform a complete economic evaluation using rate of return analysis and the net present value to identify the most favorable commingled mode for the transportation of the GTL products. Crystal Ball software was also used to run sensitivity analysis by using the probabilistic approach to give a clear view of the various scenarios on the project economics. Evaluating the options of transporting GTL products as a blend (commingled) with the Alaska North Slope crude oil through the existing Trans-Alaska Pipeline System is the main focus of this study.

Original language	English
Pages (from-to)	12-19
Number of pages	8
Journal	Energy Sources, Part B: Economics, Planning and Policy
Volume	6
Issue number	1
DOIs	https://doi.org/10.1080/15567240802459219
State	Published - Jan 2011
Externally published	Yes

Keywords

Alaska North Slope
Trans Alaska Pipeline System
gas to liquids

ASJC Scopus subject areas

General Chemical Engineering
Fuel Technology
Energy Engineering and Power Technology

Access to Document

10.1080/15567240802459219

Cite this

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abstract = "The Alaska North Slope is a potential candidate for gas to liquid (GTL) technology. With over 38 trillion cubic feet (TCF) of natural gas reserves stranded on the Alaska North Slope, GTL technology is considered as a possible method of harnessing the abundant resources. The main objective of this study is to perform a complete economic evaluation using rate of return analysis and the net present value to identify the most favorable commingled mode for the transportation of the GTL products. Crystal Ball software was also used to run sensitivity analysis by using the probabilistic approach to give a clear view of the various scenarios on the project economics. Evaluating the options of transporting GTL products as a blend (commingled) with the Alaska North Slope crude oil through the existing Trans-Alaska Pipeline System is the main focus of this study.",

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AU - Ibironke, A.

AU - Patil, S.

AU - Chukwu, G.

AU - Reynolds, D.

AU - Dandekar, A.

AU - Khataniar, S.

PY - 2011/1

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N2 - The Alaska North Slope is a potential candidate for gas to liquid (GTL) technology. With over 38 trillion cubic feet (TCF) of natural gas reserves stranded on the Alaska North Slope, GTL technology is considered as a possible method of harnessing the abundant resources. The main objective of this study is to perform a complete economic evaluation using rate of return analysis and the net present value to identify the most favorable commingled mode for the transportation of the GTL products. Crystal Ball software was also used to run sensitivity analysis by using the probabilistic approach to give a clear view of the various scenarios on the project economics. Evaluating the options of transporting GTL products as a blend (commingled) with the Alaska North Slope crude oil through the existing Trans-Alaska Pipeline System is the main focus of this study.

AB - The Alaska North Slope is a potential candidate for gas to liquid (GTL) technology. With over 38 trillion cubic feet (TCF) of natural gas reserves stranded on the Alaska North Slope, GTL technology is considered as a possible method of harnessing the abundant resources. The main objective of this study is to perform a complete economic evaluation using rate of return analysis and the net present value to identify the most favorable commingled mode for the transportation of the GTL products. Crystal Ball software was also used to run sensitivity analysis by using the probabilistic approach to give a clear view of the various scenarios on the project economics. Evaluating the options of transporting GTL products as a blend (commingled) with the Alaska North Slope crude oil through the existing Trans-Alaska Pipeline System is the main focus of this study.

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KW - Trans Alaska Pipeline System

KW - gas to liquids

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A probabilistic economic analysis of the transportation of GTL Blends through TAPS

Abstract

Keywords

ASJC Scopus subject areas

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