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Title: Optimal LNG contract selection using mixed integer linear programming
Authors: Khalilpour, R.
Karimi, I.A. 
Keywords: Contract
Liquefied natural gas
Issue Date: 2009
Source: Khalilpour, R.,Karimi, I.A. (2009). Optimal LNG contract selection using mixed integer linear programming. Conference Proceedings - 2009 AIChE Annual Meeting, 09AIChE : -. ScholarBank@NUS Repository.
Abstract: The trade of LNG is carried out by signing a sale and purchase agreement between a supplier and buyer for a fixed duration which stipulates certain terms, conditions and commitments. One advantage of such contracts is supply security for buyer. A discussion covers the LNG contract and the issues; structure of optimization formulation; contract selection problem from the perspective of a LNG buyer company and a mixed integer linear programming developed with minimum total LNG purchase cost as the decision criterion. This is an abstract presented at the 2009 AIChE Annual Meeting (Nashville, TN 11/8-13/2009).
Source Title: Conference Proceedings - 2009 AIChE Annual Meeting, 09AIChE
Appears in Collections:Staff Publications

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