Economic analysis on PRICO process for liquefaction of natural gas

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Main Author: Aida Izwana, Md Bakhri
Other Authors: Mohd Nazri, Omar
Format: Learning Object
Language:English
Published: Universiti Malaysia Perlis (UniMAP) 2021
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Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/70300
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Institution: Universiti Malaysia Perlis
Language: English
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spelling my.unimap-703002021-03-08T03:20:30Z Economic analysis on PRICO process for liquefaction of natural gas Aida Izwana, Md Bakhri Mohd Nazri, Omar PRICO process Natural gas Liquefaction process Liquefaction Access is limited to UniMAP community. The PRICO process is a single mixed-refrigerant process used for small-scale LNG plants, including offshore terminals. The working fluid (refrigerant) is a mixture of methane, ethane, butane and nitrogen. The behavior of the mixture in processes such as cooling, heating, compression, evaporation and condensation depends on its composition and on the part of the chemical constituents of the mixture that are in the gas and liquid phases. The state-of-the art for the evaluation and optimization of the PRICO process is discussed. The perspectives from the thermodynamic and economic points of view are discussed. Based on the estimated fixed-capital investment and the assumptions for the economic, financial, operating, and market input variables, the total revenue requirement (TRR) is calculated. The non-uniform annual monetary values associated with the investment (carrying charges, CC), operation & maintenance (OMC), and fuel costs (FC) of the system being analyzed are levelized, that is they are converted into an equivalent series of constant payments (annuities). This report technically presents the calculation and results of TRR. 2021-03-08T03:20:30Z 2021-03-08T03:20:30Z 2016 Learning Object http://dspace.unimap.edu.my:80/xmlui/handle/123456789/70300 en Universiti Malaysia Perlis (UniMAP)
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic PRICO process
Natural gas
Liquefaction process
Liquefaction
spellingShingle PRICO process
Natural gas
Liquefaction process
Liquefaction
Aida Izwana, Md Bakhri
Economic analysis on PRICO process for liquefaction of natural gas
description Access is limited to UniMAP community.
author2 Mohd Nazri, Omar
author_facet Mohd Nazri, Omar
Aida Izwana, Md Bakhri
format Learning Object
author Aida Izwana, Md Bakhri
author_sort Aida Izwana, Md Bakhri
title Economic analysis on PRICO process for liquefaction of natural gas
title_short Economic analysis on PRICO process for liquefaction of natural gas
title_full Economic analysis on PRICO process for liquefaction of natural gas
title_fullStr Economic analysis on PRICO process for liquefaction of natural gas
title_full_unstemmed Economic analysis on PRICO process for liquefaction of natural gas
title_sort economic analysis on prico process for liquefaction of natural gas
publisher Universiti Malaysia Perlis (UniMAP)
publishDate 2021
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/70300
_version_ 1698698274713632768