Modeling and Development of an Optimization Integrated Information System (OIIS) for the Public Gas Corporation (PGC)

Ongoing, Public Gas Corporation S.A.

The project "Modeling and Development of an Optimization Integrated Information System (OIIS) for the Public Gas Corporation (PGC)" has as general purpose the modeling, design and development of an OIIS which will support the executives of PGC in the decision making procedure on issues such as: Natural Gas (NG) and Liquefied Natural Gas (LNG) supply and demand meet in an organized and systematic manner. The OIIS to be developed under the project will create a competitive advantage for PGC as it will encompass all the parameters involved in the decision-making procedure of NG/LNG supply in the modern conditions of the liberalized market established and it will give the enterprise the possibility to make decisions that optimize as much as possible its financial results.The expected outcome of the project is an Optimization Integrated Information System (OIIS) in which the problem of decision-making on the supply of Natural Gas (NG) and Liquefied Natural Gas (LNG) will be modeled as a Mixed/Integer Linear Programming problem. The implementation of such a system will support the various actions that the enterprise’s executives carry out, concerning the decision making procedure on supplies, through the following specific features provided:Possibility to execute, process and store different supply scenarios, by altering various parameters of the problem; Gradual optimization of the accuracy of the proposed by the system decisions, through the continuously update and incorporation of history data; Production of reports on the data concerning the overall process of supplies.