The project screening model for natural gas projects

Focusing on the gas field development

Woosik Jang, Seokjin Choi, Heedae Park, Seung Heon Han, Sangku Lee

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Despite the large demand for natural gas (NG) that is needed to produce clean energy and resource sufficiency, entry into the NG-related construction market is limited by the inherent risks. Especially, the early stage of projects, such as planning or feasibility study, is more crucial on the uncertainty perspective than other following stages, such as engineering or construction. Thus, it is necessary to implement a project screening model in the early stage of a project. This study proposes a project screening model for gas plants that incorporates two analysis aspects: market environment analysis and gas field analysis. Market environment analysis evaluates a country's political stability and the stability of the project from the market perspective. Gas field analysis evaluates technical property, participant stability, and the stability of the target project from the project perspective. Finally, a case analysis is performed using the gas field project in South Africa. The case analysis uses documents of actual gas field development and interviews with site managers. Thus, the gas field site manager validated the proposed model and confirmed its usability. When user integrate their own expertise and experiences with this model, the model will be able to support reasonable decisions.

Original languageEnglish
Title of host publicationConstruction Research Congress 2014
Subtitle of host publicationConstruction in a Global Network - Proceedings of the 2014 Construction Research Congress
PublisherAmerican Society of Civil Engineers (ASCE)
Pages1686-1694
Number of pages9
ISBN (Print)9780784413517
DOIs
Publication statusPublished - 2014 Jan 1
Event2014 Construction Research Congress: Construction in a Global Network, CRC 2014 - Atlanta, GA, United States
Duration: 2014 May 192014 May 21

Publication series

NameConstruction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress

Other

Other2014 Construction Research Congress: Construction in a Global Network, CRC 2014
CountryUnited States
CityAtlanta, GA
Period14/5/1914/5/21

Fingerprint

Natural gas
Screening
Gases
Managers
Gas plants
Planning

All Science Journal Classification (ASJC) codes

  • Building and Construction

Cite this

Jang, W., Choi, S., Park, H., Han, S. H., & Lee, S. (2014). The project screening model for natural gas projects: Focusing on the gas field development. In Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress (pp. 1686-1694). (Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress). American Society of Civil Engineers (ASCE). https://doi.org/10.1061/9780784413517.0172
Jang, Woosik ; Choi, Seokjin ; Park, Heedae ; Han, Seung Heon ; Lee, Sangku. / The project screening model for natural gas projects : Focusing on the gas field development. Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress. American Society of Civil Engineers (ASCE), 2014. pp. 1686-1694 (Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress).
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Jang, W, Choi, S, Park, H, Han, SH & Lee, S 2014, The project screening model for natural gas projects: Focusing on the gas field development. in Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress. Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress, American Society of Civil Engineers (ASCE), pp. 1686-1694, 2014 Construction Research Congress: Construction in a Global Network, CRC 2014, Atlanta, GA, United States, 14/5/19. https://doi.org/10.1061/9780784413517.0172

The project screening model for natural gas projects : Focusing on the gas field development. / Jang, Woosik; Choi, Seokjin; Park, Heedae; Han, Seung Heon; Lee, Sangku.

Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress. American Society of Civil Engineers (ASCE), 2014. p. 1686-1694 (Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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Jang W, Choi S, Park H, Han SH, Lee S. The project screening model for natural gas projects: Focusing on the gas field development. In Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress. American Society of Civil Engineers (ASCE). 2014. p. 1686-1694. (Construction Research Congress 2014: Construction in a Global Network - Proceedings of the 2014 Construction Research Congress). https://doi.org/10.1061/9780784413517.0172