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Title: Gas Distribution Facilities Decision Making, Discussing An Asset Management Approach
Author: Glyn Hazelden
Source: American Gas Association 2005
Year Published: 2005
Abstract: In todays environment, utility companies are faced with restructuring business operations due to deregulation, continued merger and acquisition activity, increased competition, and growing pressures to increase shareholder value. In order to be successful, there will be a requirement to optimize the efficiency of all assets, equipment and people, in order to increase shareholder value. One way to improve the quality of managing and decision making in rehabilitation or maintenance, is to implement effective asset management practices to extend infrastructure service life. In the Gas Industry we often hear the term asset management used as an equivalent to, and as a substitute for, prioritization of main replacement. Asset management is much more than a replacement ranking mechanism it is a whole discipline of managing the property that gas companies own. In this paper I would like to discuss the approach that asset management brings to a local gas distribution company (LDC).

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