Download e-book for iPad: International Gas: Prospects and Trends by Paul Stevens

By Paul Stevens

ISBN-10: 1349086738

ISBN-13: 9781349086733

ISBN-10: 1349086754

ISBN-13: 9781349086757

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Extra resources for International Gas: Prospects and Trends

Example text

54 INTERNATIONAL GAS At the other extreme Governments could plan the development of gas supply and demand in conjunction with utilities, including a depletion policy for indigenous reserves. Our own Government seems equally reluctant to pursue this line. The Sleipner decision sterns from an approach which was neither one thing nor the other: the Government allowed us freedom to go out and negotiate in the market, but did not back us up in the results of this negotiation, and indeed second-guessed our decisions.

Germany France Italy W.

2. Tanker costs. Here we assume that gas is transported in a 120000 CM LNG tanker with a replacement value of $200 million (1982 and incidentally current prices). The marginal shortrun cost in this case is simply the average voyage cost of the vessel. For any one voyage this is the fuel costs together with port and and canal dues and reserves required to cover a particular voyage. 09)/(sx24)+PC+CC) where d is distance of voyage in nautical miles, and s is speed in knots. Fuel consumption is taken to be 179 tonnes of heavy fuel oil per day in a steam turbine driven tanker.

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International Gas: Prospects and Trends by Paul Stevens

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