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LNG Transportation Routes Risk Assessment Based on Group Decision Making

LNG Transportation Routes Risk Assessment Based on Group Decision Making

Youran Dong, Shiqun Ma, Jiu Gao
Copyright: © 2022 |Volume: 11 |Issue: 1 |Pages: 19
ISSN: 2156-177X|EISSN: 2156-1761|EISBN13: 9781683182498|DOI: 10.4018/IJFSA.309423
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MLA

Dong, Youran, et al. "LNG Transportation Routes Risk Assessment Based on Group Decision Making." IJFSA vol.11, no.1 2022: pp.1-19. http://doi.org/10.4018/IJFSA.309423

APA

Dong, Y., Ma, S., & Gao, J. (2022). LNG Transportation Routes Risk Assessment Based on Group Decision Making. International Journal of Fuzzy System Applications (IJFSA), 11(1), 1-19. http://doi.org/10.4018/IJFSA.309423

Chicago

Dong, Youran, Shiqun Ma, and Jiu Gao. "LNG Transportation Routes Risk Assessment Based on Group Decision Making," International Journal of Fuzzy System Applications (IJFSA) 11, no.1: 1-19. http://doi.org/10.4018/IJFSA.309423

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Abstract

The risk assessment of liquefied natural gas (LNG) transportation routes has raised researchers' concerns in recent years, which is a group multi-criteria decision-making (GMCDM) problems that involves experts' opinions from different fields. To improve the effectiveness in evaluating process, this paper proposes a risk assessment method to recognize the potential risks and selects the best LNG transportation route. Firstly, the authors construct the systematic risk evaluation indices, including four first-level indices (political, economic, transportation, and operation and management risks) and nine second-level indices. Then a novel risk assessment method of the LNG transportation route is developed, including opinion representation, consensus measurement and detection, personalized feedback, and selection process. Finally, a scenario analysis is provided to model the risk evaluation process and demonstrate the soundness and applicability of the presented model.