LEAD STORY
Sander Kaart, Wiveka Elion, Barend Pek and Rob Klein Nagelvoort, Shell Global Solutions
The large number of LNG projects underway has resulted in a constrained contractor market, a worldwide heavy demand for raw materials as well as issues around logistics of workforce and products.
Natural gas demand is expected to grow by some 3 percent a year over the next 15 years, with demand for LNG rising by some 8-10 percent a year [1].
The large number of LNG projects underway has resulted in a constrained contractor market, a worldwide heavy demand for raw materials as well as issues around logistics of workforce and products.
Natural gas demand is expected to grow by some 3 percent a year over the next 15 years, with demand for LNG rising by some 8-10 percent a year [1].
Published in
Sept 2007
Monday, 10 September 2007 17:30
Very large LNG storage tanks develop as industry seeks economies of scale
Written by
David Scarr Civil Engineer BP Exploration & Production Technology Group and Gordon Jackson, Technical Director Arup Energy
The LNG industry is in the process of optimising the entire LNG chain through economies of scale. Liquefaction throughput and ship-size have both increased over recent years.
To facilitate these increases, the storage volume of LNG at both liquefaction and vaporization terminals has also grown. For new developments, increased size of tanks has been preferred over multiple smaller tanks.
The LNG industry is in the process of optimising the entire LNG chain through economies of scale. Liquefaction throughput and ship-size have both increased over recent years.
To facilitate these increases, the storage volume of LNG at both liquefaction and vaporization terminals has also grown. For new developments, increased size of tanks has been preferred over multiple smaller tanks.
Published in
Sept 2007
Also in this issue
Monday, 10 September 2007 17:24
EnergySolutions sees applications chosen by Freeport LNG in Texas
Written by
Robert Young, Product Manager, Energy Solutions International, Inc.
Energy industry executives are focusing on technology to ensure more efficient operation of both their LNG facilities and their business processes.
Software solutions are being deployed to manage the complex commercial transactions associated with the purchase, sale, transportation and storage of LNG, as well as to monitor and manage physical operations.
Energy industry executives are focusing on technology to ensure more efficient operation of both their LNG facilities and their business processes.
Software solutions are being deployed to manage the complex commercial transactions associated with the purchase, sale, transportation and storage of LNG, as well as to monitor and manage physical operations.
Published in
Sept 2007
A round up of the latest company news
Published in
Sept 2007
Monday, 10 September 2007 17:14
LNG financing market offers alternatives to Qatar-style loans
Written by
Marc Hammerson, a partner in the energy group at international law firm Stephenson Harwood, explains the development of the industry’s capital raising methods
Natural gas liquefaction can be traced back to the nineteenth century when Michael Faraday first liquefied various gases. However, it was not until 1959 that this technology was used commercially when the world’s first LNG tanker, the Methane Pioneer, carried LNG across the North Atlantic to Canvey Island, east of London.
Natural gas liquefaction can be traced back to the nineteenth century when Michael Faraday first liquefied various gases. However, it was not until 1959 that this technology was used commercially when the world’s first LNG tanker, the Methane Pioneer, carried LNG across the North Atlantic to Canvey Island, east of London.
Published in
Sept 2007
Monday, 10 September 2007 17:12
Mercury removal problem for LNG plant has solution in improved design
Written by
Peter J. H. Carnell and Vince Atma Row, Johnson Matthey Catalysts
Following the mercury induced catastrophic failure of a heat exchanger at Skikda in
Algeria in 1957, the LNG industry had to move quickly to install mercury removal units (MRUs) prior to liquefaction.
At that time, the choice of absorbent was limited and MRUs had to be installed at the final stage of purification immediately prior to the cold box. This was not the best arrangement.
Following the mercury induced catastrophic failure of a heat exchanger at Skikda in
Algeria in 1957, the LNG industry had to move quickly to install mercury removal units (MRUs) prior to liquefaction.
At that time, the choice of absorbent was limited and MRUs had to be installed at the final stage of purification immediately prior to the cold box. This was not the best arrangement.
Published in
Sept 2007
Monday, 10 September 2007 17:08
The LNG project that attracted billionaires and Merrill Lynch
Written by
John McKay
Papua New Guinea LNG is a modest venture compared with more recent projects, but in attracting blue-chip investors it is proving to be world class.
The latest Asia-Pacific project on the verge of moving into the engineering phase counts among its investors a unit of the New York-based investment bank Merrill Lynch & Co., and since July T. Boone Pickens, the most high-profile US investor in the oil and natural gas industry.
Papua New Guinea LNG is a modest venture compared with more recent projects, but in attracting blue-chip investors it is proving to be world class.
The latest Asia-Pacific project on the verge of moving into the engineering phase counts among its investors a unit of the New York-based investment bank Merrill Lynch & Co., and since July T. Boone Pickens, the most high-profile US investor in the oil and natural gas industry.
Published in
Sept 2007
