The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jul. 03, 2018
Filed:
Nov. 15, 2012
Exxon-mobil Upstream Research Company, Houston, TX (US);
Kevin C. Furman, Morristown, NJ (US);
Vikas Goel, Houston, TX (US);
Samid A. Hoda, Thornton, CO (US);
Nicolas Sawaya, Houston, TX (US);
ExxonMobil Upstream Research Company, Spring, TX (US);
Abstract
A method is disclosed for developing a long-term strategy for allocating a supply of liquefied natural gas (LNG) while adhering to limitations of available shipping capacity An LNG market is modeled using one or more optimization models. The LNG market includes at least one buyer of LNG, at least one seller of LNG, and at least one means of transporting LNG. A plurality of inputs relevant to the LNG market are accepted. The inputs are configured to be input into the optimization models. One or more solution algorithms are interfaced with the optimization models. The optimization models are run using the interfaced solution algorithms to identify potential options in the LNG market. Uncertainty is accounted for in the identified potential options. The identified potential options are outputted.