Stakeholder Strategies Each of the three parties have submitted their design concepts to the government for review. An independent analysis of the submissions has characterised the overarching strategy adopted by each party to aid the government in its decision. The strategies are broadly outlined below: Fast Track Facilities have been minimised by reducing the number of products in order to reduce the complexity of the design and enable porduction to commence as soon as possible. Lowest capital cost concept entailing increased technical risk.  Maximum Flexibility Processing facilities have been selected to enable maximum operational flexibility. Fractionation routes allow easy switching of propane and butane to cracker feedstock or LPG. Highest capital cost concept. Increased risk that production may not commence before 1 January 2025. Maximum Cooperation Processing facilities have been optimised based on an assessment of the most likely development path for Megabuckland industrial sectors over the next ten years. Product selection and export capacities attemt to strike a balance between export to new markets and development of infrastructure. Capital cost is mid-range. Additional technical risk if in-country infrastructure development is delayed.   Based on the information above and your understanding of the objectives of each party select the strategy which best fits the Nocandoo Consultants(worldbank) and MegaOil proposals(state owned oil company).

Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
icon
Related questions
Question

Stakeholder Strategies

Each of the three parties have submitted their design concepts to the government for review. An independent analysis of the submissions has characterised the overarching strategy adopted by each party to aid the government in its decision. The strategies are broadly outlined below:

Fast Track

Facilities have been minimised by reducing the number of products in order to reduce the complexity of the design and enable porduction to commence as soon as possible. Lowest capital cost concept entailing increased technical risk. 

Maximum Flexibility

Processing facilities have been selected to enable maximum operational flexibility. Fractionation routes allow easy switching of propane and butane to cracker feedstock or LPG. Highest capital cost concept. Increased risk that production may not commence before 1 January 2025.

Maximum Cooperation

Processing facilities have been optimised based on an assessment of the most likely development path for Megabuckland industrial sectors over the next ten years. Product selection and export capacities attemt to strike a balance between export to new markets and development of infrastructure. Capital cost is mid-range. Additional technical risk if in-country infrastructure development is delayed.

 

Based on the information above and your understanding of the objectives of each party select the strategy which best fits the Nocandoo Consultants(worldbank) and MegaOil proposals(state owned oil company).

Expert Solution
steps

Step by step

Solved in 1 steps

Blurred answer
Recommended textbooks for you
Introduction to Chemical Engineering Thermodynami…
Introduction to Chemical Engineering Thermodynami…
Chemical Engineering
ISBN:
9781259696527
Author:
J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:
McGraw-Hill Education
Elementary Principles of Chemical Processes, Bind…
Elementary Principles of Chemical Processes, Bind…
Chemical Engineering
ISBN:
9781118431221
Author:
Richard M. Felder, Ronald W. Rousseau, Lisa G. Bullard
Publisher:
WILEY
Elements of Chemical Reaction Engineering (5th Ed…
Elements of Chemical Reaction Engineering (5th Ed…
Chemical Engineering
ISBN:
9780133887518
Author:
H. Scott Fogler
Publisher:
Prentice Hall
Process Dynamics and Control, 4e
Process Dynamics and Control, 4e
Chemical Engineering
ISBN:
9781119285915
Author:
Seborg
Publisher:
WILEY
Industrial Plastics: Theory and Applications
Industrial Plastics: Theory and Applications
Chemical Engineering
ISBN:
9781285061238
Author:
Lokensgard, Erik
Publisher:
Delmar Cengage Learning
Unit Operations of Chemical Engineering
Unit Operations of Chemical Engineering
Chemical Engineering
ISBN:
9780072848236
Author:
Warren McCabe, Julian C. Smith, Peter Harriott
Publisher:
McGraw-Hill Companies, The