• Proceedings of the Computational Structural Engineering Institute Conference
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• 한국전산구조공학회 2008년도 정기 학술대회
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• pp.166-171
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• 2008

LNG carrier is a special-purpose vessel to transport natural gas (NG) from the place of origin to each consuming country. To increase the capacity of canying LNG carrier, the natural gas is conveyed as a state of liquid called LNG (Liquefied Natural Gas) during a voyage because the total volume of NG is surprisingly reduced when it is cooled down to $-162^{\circ}C$. That is why the design of insulation of the carriers is important to protect LNG from the external heat invasion, and it has been a great challenging subject for several decades in the shipbuilding industry. For this ultimate goal, the boil-off rate (BOR) needs to be accurately estimated during a voyage. Therefore, the goal of this study is to propose a numerical method for estimating the BOR of LNG for given insulation containment subject to external temperature conditions during voyage.

• Journal of Korea Technology Innovation Society
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• 제3권3호
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• pp.36-52
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• 2000

This study takes an issue of efficiency analysis in the presence of network effect utilizing the DEA (Data Envelopment Analysis) framework. Network effect has important policy implication for the regulation of local monopolies which undertake their business through physical network, such as electricity, natural gas, local telephony, etc. If the difference in spatial condition between companies is not controlled properly, the performance comparison and associated incentive regulation bear significant bias. In this study, we propose a methodology to measure the true managerial or technical efficiency apart from efficiency difference accruing from the difference in spatial condition. A series of modified DEA efficiency models are combined to investigate the extent of exogenous and endogenous efficiency component in the Korean natural gas distribution companies. Empirical results show that the network effect plays significant role in determining superficial performance difference.

• Journal of the Korean Society of Industry Convergence
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• 제23권4_2호
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• pp.569-581
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• 2020

Since the dehydration packages of offshore plant deal directly with oil & gas, there is a great risk of fire and explosion during operation. Therefore, this study performed risk assessment through HAZard & OPerability (HAZOP) for solid desiccant dehydration package that can remove water component of natural gas in offshore floating liquefied natural gas (LNG) production facilities below 0.1 ppmv. The risk matrix was determined by dividing the likelihood and the severity into five levels separately by asset, life, environment and reputation. The piping & instrumentation diagram (P&ID) of the dehydration package was divided into 9 nodes. Total 22 deviations were assessed in consideration of the adsorption and desorption conversion cycle. A risk assessment based on deviations revealed 14 major hazards. Three representative types of hazards were open/close failure of the control valve, control failure of the heater, and abnormal operation of the regeneration gas cooler. Finally, we proposed the installation of additional safety devices to improve safety against these major hazards, such as safety instrumented functions, alarms, etc.

• Korean Chemical Engineering Research
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• 제47권5호
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• pp.599-607
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• 2009

This study was conducted to derive the five correlations which could predict specific gravity(or heating value), compression factor, density, etc., if we know heating value or specific gravity only. To make a sufficient number of raw data for regression, SGERG EOS was modified into equation of heating value. Based on these raw data, five correlations were obtained and the uncertainties of the correlations were evaluated. The results showed that the uncertainties were near 0.1% in most conditions of natural gas and so the correlations could be used in natural gas industry and academic fields.

• Korean Chemical Engineering Research
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• 제43권3호
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• pp.344-351
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• 2005

Hydrogen energy will be considered one of the most important energy carries for the future not only as raw material of petroleum chemical industry but also as the fuel of the fuel cell. The hydrogen production based upon the water electrolysis system combined renewable energy or atomic power energy is being watched as long-term hydrogen sources. Hydrogen from fossil fuel, especially natural gas steam reforming, is the economical mass production method at this time. But the cost of $CO_2$ reduction is added in the economic analysis of hydrogen production processes. Therefore many different results are suggested from these analyses about old processes, and modified schemes are studying for the efficient development. In this review, status for the technology of hydrogen production from natural gas are summarized.

• Journal of the Korean Institute of Gas
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• 제10권4호
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• pp.1-5
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• 2006

With the rapid increase in gas consumption, the role of pipelines as a transportation means of natural gas is increasing. In general, when natural gas is being transported in pipelines, some liquid mainly from formation of condensate is introduced and this phenomenon makes operational problems more complex in the gas industry. Thus, an appropriate method is necessary for predicting the effect of presence of gas condensate on operational efficiency. In this study, a statistical model was developed using an integrated single- and two-phase flows concept. Using this model, the effects of the incipient point of gas condensate and its quantity on outlet pressure were analyzed. Also, the effect of variations of flow regimes in two-phase region on outlet pressure after the incipient point was analyzed.

• Analyses & Alternatives
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• 제5권2호
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• pp.77-105
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• 2021

Natural gas consumption in Asia is growing at fast tempo because of various factors such as economic growth in the region, urbanization, coal-to-gas switch at power and industry sector. Due to geographical characteristics and lack of international pipeline connections between countries in the continent, majority of natural gas exported to Asian consumers is transported by tankers on the sea in the form of liquefied natural gas. As Asian market is the most lucrative market with the fastest demand growth, the competitions between LNG sellers for market share in Asian market are strengthening. The competitions accelerated, especially after the introduction of large volume of incremental supply into the market by new exporters from the U.S., Australia, and Russia. Cheniere Energy, the first exporter of liquefied natural gas (LNG) in the lower 48 states of U.S. has not adopted the traditional price formation mechanism and business model. Traditionally, prices of long-term LNG contracts have been indexed to the price of competing fuels, such as crude oil. The company adopted a pricing mechanism and business model based on a cost-plus system. Cheniere Energy opted for the safer and the risk-free pricing system, that annually guarantees a fixed amount of revenue to the seller. The company earns the same amount of money, regardless of natural gas price dynamics in the domestic and international market, but possibly with less revenue. However, by introducing and successfully implementing the safer and risk- free business model, Cheniere Energy, a company of a relatively smaller size in comparison with major oil and gas companies, became an example to other smaller-sized companies in the U.S. The company's business model demonstrated how to enter and operate LNG business amid increasing competitions among sellers in the U.S. and international market.

• Journal of the Korean Institute of Gas
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• 제6권1호
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• pp.59-65
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• 2002

This paper presents new IT model, PIIS that integrates the safety control, construction, and operation managements in a conventional gas industry The systemic approach based on the PIIS model may reduce or increase the parameters as maximizing the safety, risk and crisis management, and increasing the cost-effective productivity The rapid synchronization and integration of the process using the PIIS model may produce more profits and satisfactions between customer and gas supplier. Thus, the PIIS model should quickly be introduced to gas industry at the beginning stage of engineering design and construction processes for maximizing production, effectiveness, and safety of the system from the exploration of a natural gas to a final consumption.

• Transactions of the Korean hydrogen and new energy society
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• 제22권6호
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• pp.925-933
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• 2011

The traditional feedstock for dimethyl ether (DME) has been natural gas obtained by pipeline from a nearby natural gas or oil field. This report focuses on other feedstock: Coal bed methane (CBM). The resource availability and suitability of CBM for DME manufacturing have been investigated. CBM in a short time has become an important industry, providing an abundant clean-burning fuel and also suggesting as a feedstock for gas industry. The use of CBM will have very little impact on the KOGAS' DME process design and economics up to 50 vol% of $CO_2$ in the CBM source. Many of the CBM sources in Asia are high in $CO_2$, but pose no difficulties for the KOGAS' DME plant. Since tri-reformer requires substantial $CO_2$ in its feed, no $CO_2$ removal from the CBM feed is needed. The $CO_2$ in the CBM means that less $CO_2$ needs to be recycled from the downstream in the process.

• Environmental and Resource Economics Review
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• 제26권4호
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• pp.549-575
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• 2017

Recently, power mix of Korea is planned to be changed from coal-fired and nuclear to gas-combined and renewables by the energy policy of new government. This change will also affect city-gas industry. This paper analyze the economic impact of city-gas industry by scenario that switching coal-fired and nuclear power generation into gas-combined and fuel cell. 2030 input-output table is estimated to take the transfer period into account. As results, the induced impact by city-gas industry to the others was negative when switching into gas-combined while that was positive when switching into fuel cell. This results imply that the gas-fired can be a feasible alternative for short-run but fuel cell is more helpful for our economy in long-run.