Natural gas utilization plan for Sri Lanka

Abstract

Natural gas is finding its place at the heart of the energy discussion all over the world. It is being a cheap and relatively environmentally friendly alternative energy. The recent emergence of this discussion is due to substantial new discovery of natural gas in Sri Lanka. As a developing country, Sri Lanka spends an excessive amount of money for energy. The new discovery of natural gas deposits may be able to raise the Sri Lankan economy in next decades. To start gas production in the country should have a plan to consume the gas within the country to gain the best use of its research. Under the topic of natural gas utilization system for Sri Lanka the research is carried out to find the best way or the most economical way of utilizing the natural gas in Sri Lanka comparing scale and the economic factors. The research is focused on five special areas :Distribution of NG within the country :Public and private transportation :Power generation: Domestic and industrial use of NG: Fertilizer manufacturing Study area of this research on scientific and economic comparisons of above processes to address this important problem in the presence of uncertainty. This work presents such a method based on decision analysis of gas prices as well. It includes the entire well-to-market supply chain, from extraction, conversion, and transportation, to reconversion at the target market. Finally, it identifies the best gas transporting method according to the current situation, daily production, how these effects to the power generation sector in Sri Lanka, propose the most economical and safe method of using NG for domestic use which suitable for Sri Lankan context with analyzed data with evidence.