TY - JOUR
T1 - Techno-economic feasibility of flare gas utilization using adsorbed natural gas
AU - Muharam, Yuswan
AU - Giffari, Fiqi
AU - Mahendra, Mirza
N1 - Publisher Copyright:
© Published under licence by IOP Publishing Ltd.
PY - 2018/1/25
Y1 - 2018/1/25
N2 - Adsorbed natural gas (ANG) is a natural gas storage technology, which is potential to transport natural gas in small and medium quantity. The objective of this study is to determine the techno-economic feasibility of ANG technology for flare gas to consumers around flare gas sources. The method is process simulation, economic calculation and optimization with variables being ANG selling price, flare gas price, and the percentage of capital financing by the government. The process simulation shows that the ANG product is in the range of 2.07 MMSCFD - 2.97 MMSCFD. The economic calculation results in the interest rate of return of less than 10%. With optimization, the IRR increases to more than 20%.
AB - Adsorbed natural gas (ANG) is a natural gas storage technology, which is potential to transport natural gas in small and medium quantity. The objective of this study is to determine the techno-economic feasibility of ANG technology for flare gas to consumers around flare gas sources. The method is process simulation, economic calculation and optimization with variables being ANG selling price, flare gas price, and the percentage of capital financing by the government. The process simulation shows that the ANG product is in the range of 2.07 MMSCFD - 2.97 MMSCFD. The economic calculation results in the interest rate of return of less than 10%. With optimization, the IRR increases to more than 20%.
UR - http://www.scopus.com/inward/record.url?scp=85041684314&partnerID=8YFLogxK
U2 - 10.1088/1755-1315/105/1/012022
DO - 10.1088/1755-1315/105/1/012022
M3 - Conference article
AN - SCOPUS:85041684314
SN - 1755-1307
VL - 105
JO - IOP Conference Series: Earth and Environmental Science
JF - IOP Conference Series: Earth and Environmental Science
IS - 1
M1 - 012022
T2 - 2nd International Tropical Renewable Energy Conference, i-TREC 2017
Y2 - 3 October 2017 through 4 October 2017
ER -