OPTIMAL DEVELOPMENT-PLANNING OF GAS-RESERVES

Citation
J. Boucher et Y. Smeers, OPTIMAL DEVELOPMENT-PLANNING OF GAS-RESERVES, Energy economics, 18(1-2), 1996, pp. 25-47
Citations number
13
Categorie Soggetti
Economics
Journal title
ISSN journal
01409883
Volume
18
Issue
1-2
Year of publication
1996
Pages
25 - 47
Database
ISI
SICI code
0140-9883(1996)18:1-2<25:ODOG>2.0.ZU;2-Z
Abstract
Decisions to develop gas resources in less developed countries require a careful appraisal of their possible utilization in the various sect ors of the economy. Not only need major potential consumers such as pe trochemical or fertilizer industries be taken into account but more di ffuse phenomena such as the competition with other fuel forms for the supply of some energy intensive services or the conquest of new market s have to be considered. We present here a gas planning model based on the basic ideas of the theory of non-renewable resources which allows a look at the field development problem while simultaneously taking a ccount of the impact competition may have on the demand side. The use of the model is illustrated on a study carried out for the World Bank on a gas timing development problem that occurred some time ago in Ind onesia.