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April 28, 2026
Scientists Develop Algorithm for Accurate Financial Time Series Forecasting
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Costs relations in the hydrocarbons supply chain project

Energy Reports. 2024. Vol. 12. P. 872–880.
Vladimir Klepikov, Klepikova L., Hammoudeh S.

Most of the hydrocarbons supply chains are carried out using marine and pipeline transports. The use of tankers or pipelines on particular routes is determined by economic reasons. The problem of cost estimation in the hydrocarbons supply chains has not been covered in scientific publications. The purpose of this paper is to develop a method for analyzing the cost relations in the oil supply chain of an energy project in the Eastern Siberia Pacific Ocean (ESPO) Region. The results obtained using the developed method showed that the total cost of transporting one ton of oil for 100 km by using ESPO pipelines are 6–8 times greater than the cost for a similar maritime shipping. It also shows that the cost of oil transportation will significantly increase if the pipeline capacity utilization decreases and the interest rate increases.

Research target: Economics and Management
Language: English
DOI
Text on another site
Keywords: capital expenditurespipelinesoperating costsTankersFuel costs
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