Title Model development for site selection considering the charactersitics of LNG receiving terminal
Authors Jeong, Nam Hoon ; Liu, An Qi ; Hwang, Geon Wook ; Jang Woosik ; Han Seung Heon
DOI http://dx.doi.org/10.6106/KJCEM.2015.16.1.082
Page pp.82-91
ISSN 1229-7534
Keywords LNG receiving terminal ; Site selection factor ; Factor analysis ; Multiple regression analysis ; LNG
Abstract Recently, due to the increasing concern of environmental factors and low carbon usage, the use of natural gas has been inclining steadily. In order to meet the growing demand of natural gas, government have established strategies to secure the sufficient amount of gas that is mainly used by industries, power generation and residential use by constructing additional receiving terminals for Liquid Natural Gas (LNG). In the process of selecting the optimal site for the terminals, the characteristics of the terminals are not considered where the decision making is done through interna l meetings or outsourcing. In respect to site selection, researches are done to derive the factors that are considered for optimal site selection. However, there have not yet been researches in creating a systematic model for analyzing the optimal site selection. To this aim, the paper aims to propose a model for site selection of LNG receiving terminals that considers the characteristics of the terminal construction. Total of 47 factors considered in site selection is derived through interviews with experts and analyzing the previous cases of site selection by various firms. Furthermore, the derived 47 factors are used for the survey for the previous LNG terminals in PT, IC, TY, SC and BR areas where the survey data is analyzed by factor analysis and multiple regression models to depict the optimal site. By applying the model for site selection, practitioners are able to make decisions for site selection in a systematic approach for new candidates of sites.