Natural Gaz profitability study for future importing terminal project in Morocco
<p>In recent years, energy debates are increasingly focused on the energy transition, the Kingdom of Morocco has shown a growing preference for Liquid Natural Gaz (LNG) to ensure energy efficiency. Therefore, Morocco is projecting to invest in its first natural gas for importing and storage ca...
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Format: | Article |
Language: | English |
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Academy Publishing Center
2019-12-01
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Series: | Renewable Energy and Sustainable Development |
Subjects: | |
Online Access: | http://apc.aast.edu/ojs/index.php/RESD/article/view/331 |
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author | Firdaous EL GHAZI Moulay Brahim SEDRA Mahmoud AKDI |
author_facet | Firdaous EL GHAZI Moulay Brahim SEDRA Mahmoud AKDI |
author_sort | Firdaous EL GHAZI |
collection | DOAJ |
description | <p>In recent years, energy debates are increasingly focused on the energy transition, the Kingdom of Morocco has shown a growing preference for Liquid Natural Gaz (LNG) to ensure energy efficiency. Therefore, Morocco is projecting to invest in its first natural gas for importing and storage capacity by 2030. In tune with developing a terminal site location and an optimum routing alternative for pipeline [1], this article comes as a follow up to establish a profitability study for the same importation terminal. It aims to investigate the financial viability of such a project.</p><p><br />The profitability of an investment is generally the most important criterion for the decision-making. Even if the combined ecological and industrial benefits of natural Gaz can sometimes provide enough motivation to invest in importation terminal, a long-term profitability study is a compulsory in such expensive projects, it is systematically pursued to evaluate the economic impact of such an investment decision.</p><p><br />After highlighting the multiple benefits of Natural Gaz, the first step is setting up the financial model to be adopted, which is in this case the net present value (NPV) and payback profitability criteria. Therefore, operating and financial assumptions are made based on the benchmark with other similar projects, and finally, the profitability study will allow us to measure the LNG terminal capacity to generate revenue.</p> |
first_indexed | 2024-03-12T01:40:15Z |
format | Article |
id | doaj.art-68634f5cee1649efad01330fed3df04e |
institution | Directory Open Access Journal |
issn | 2356-8518 2356-8569 |
language | English |
last_indexed | 2024-04-24T22:59:40Z |
publishDate | 2019-12-01 |
publisher | Academy Publishing Center |
record_format | Article |
series | Renewable Energy and Sustainable Development |
spelling | doaj.art-68634f5cee1649efad01330fed3df04e2024-03-17T15:35:47ZengAcademy Publishing CenterRenewable Energy and Sustainable Development2356-85182356-85692019-12-0152808910.21622/resd.2019.05.2.080144Natural Gaz profitability study for future importing terminal project in MoroccoFirdaous EL GHAZI0Moulay Brahim SEDRA1Mahmoud AKDI2SIMOLAB, Ibn Tofail University Kenitra, MoroccoFSTE, UMI Moulay Ismail University of Meknes, Morocco,SIMOLAB, Ibn Tofail University Kenitra, Morocco<p>In recent years, energy debates are increasingly focused on the energy transition, the Kingdom of Morocco has shown a growing preference for Liquid Natural Gaz (LNG) to ensure energy efficiency. Therefore, Morocco is projecting to invest in its first natural gas for importing and storage capacity by 2030. In tune with developing a terminal site location and an optimum routing alternative for pipeline [1], this article comes as a follow up to establish a profitability study for the same importation terminal. It aims to investigate the financial viability of such a project.</p><p><br />The profitability of an investment is generally the most important criterion for the decision-making. Even if the combined ecological and industrial benefits of natural Gaz can sometimes provide enough motivation to invest in importation terminal, a long-term profitability study is a compulsory in such expensive projects, it is systematically pursued to evaluate the economic impact of such an investment decision.</p><p><br />After highlighting the multiple benefits of Natural Gaz, the first step is setting up the financial model to be adopted, which is in this case the net present value (NPV) and payback profitability criteria. Therefore, operating and financial assumptions are made based on the benchmark with other similar projects, and finally, the profitability study will allow us to measure the LNG terminal capacity to generate revenue.</p>http://apc.aast.edu/ojs/index.php/RESD/article/view/331natural gazprofitabilitycapexopexnet present valuediscounted cash flowpayback. |
spellingShingle | Firdaous EL GHAZI Moulay Brahim SEDRA Mahmoud AKDI Natural Gaz profitability study for future importing terminal project in Morocco Renewable Energy and Sustainable Development natural gaz profitability capex opex net present value discounted cash flow payback. |
title | Natural Gaz profitability study for future importing terminal project in Morocco |
title_full | Natural Gaz profitability study for future importing terminal project in Morocco |
title_fullStr | Natural Gaz profitability study for future importing terminal project in Morocco |
title_full_unstemmed | Natural Gaz profitability study for future importing terminal project in Morocco |
title_short | Natural Gaz profitability study for future importing terminal project in Morocco |
title_sort | natural gaz profitability study for future importing terminal project in morocco |
topic | natural gaz profitability capex opex net present value discounted cash flow payback. |
url | http://apc.aast.edu/ojs/index.php/RESD/article/view/331 |
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