Gas transportation system development in Mongolia under gas prices uncertainty

Abstract

The paper analyses the stability of a solution to a problem of gas transportation system development in terms of gas import prices. The object of the study is a future gas transportation system in Mongolia. The employed tools are based on an original optimization problem, which is aimed to support decision-making process when choosing capacity, location, and time for investments in gas infrastructure. Different scenarios of gas import prices are considered for Mongolia. A stable solution is defined as the solution that is included in the optimal plans for every scenario. A multi-criteria approach is proposed to expanding the area of stable solutions. In conclusion, the priority areas of gas transportation system development in Mongolia are highlighted.

Keywords

• mongolia
• gas transportation system
• gas price uncertainty