A hybrid multi-criteria decision-making approach to order natural gas consuming countries

Abstract

Societies worldwide are committed to moving towards a low carbon economy, and natural gas is considered a transition fuel between fossil (such as gasoline and diesel) and renewable fuels. Based on the relevance of natural gas in this economic transition, this paper demonstrates the application of a hybrid multi-criteria decision-making approach to order the natural gas consuming countries. The aim is to support decision-making in the natural gas market, offering elements to prioritize the trade worldwide. The study observed three criteria: consumption variation for years 2014 to 2016; the volume of production in the same period; and proven natural gas reserves in 2016. The data to demonstrate the countries’ performance was obtained from a yearly statistic publication of the Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP), released in 2017. Finally, the decision-making methods adopted to assess the criteria were, first, the WINGS method, applied to generate the weights of each criterion. Second, the study adopted the TOPSIS method to pre-select the countries closest to becoming a global consumer of natural gas. After applying the TOPSIS method, a pre-analysis of dominance among alternatives (pre-selected countries) was conducted, excluding the dominated ones from the list obtained. Third, the PROMÉTHÉE II method was applied to establish the order of the natural gas-consuming countries.

Prefrontal Neuronal Activities During Active Retrieval of Information From Long-Term Memory

“…Because index values can be either positive or negative, they were squared to eliminate negative values. Then the square root was extracted from the squared index values, obtaining all positive index values (Girão & Gomes, 2021).…”