Simplified simulation model for an LNG terminal

The natural gas liquids/liquefied natural gas (NGL/LNG) value chain encompasses the production, processing and liquefaction of natural gas (NG) to LNG, its long-distance transportation, and its regasification as it travels from the wellhead to end users. An LNG terminal is an important part of the NGL/LNG value chain and is used at the final stage to unload LNG and distribute NG to users. Considering that approximately half of the total cost of an LNG terminal project comes from equipment and critical lines, the finalization of the facility’s capacity and equipment size verification are critical during the bidding stage. In general, 30–40 operating cases exist in an LNG terminal, so reviewi