Some Economic Considerations in the Design of Pipelines

It is-assumed that a pipeline system is economically justified as a means of transportation.. The terms "True Life" and "Economic Design Life" are defined. The most usual design alternatives to be considered from both physical and economic -viewpoints are listed and a summary is given of the main factors to be costed in assessing the relative economics of each alternative. A brief statement of the recor mended method af economic. assessment is given and an example is included. The paper aims to present a reasonably accurate, simple and practical method of considering the main economic factors which govern design.