LEAD STORY
Hans Kristian Danielsen and Goran Andreassen
There have been big developments in offshore receiving terminal design, where many companies are hoping new technology can ameliorate the actual or perceived risks of a land-based location without introducing too many new dangers and challenges.
Until Excelerate Energy’s Floating Storage and Re-gasification Unit (FRSU) opened in the Gulf of Mexico, all LNG import terminals were land-based.
There have been big developments in offshore receiving terminal design, where many companies are hoping new technology can ameliorate the actual or perceived risks of a land-based location without introducing too many new dangers and challenges.
Until Excelerate Energy’s Floating Storage and Re-gasification Unit (FRSU) opened in the Gulf of Mexico, all LNG import terminals were land-based.
Published in
June 2008
Monday, 16 June 2008 11:51
LNG project relationships change as NOCs gain more contract leverage
Written by
Nick Prowse, a partner in law firm Norton Rose LLP, presents the first of a two-part series on perfecting LNG joint venture contracts
The critical issues between National Oil Companies (NOCs) and international oil companies (IOCs) in joint venture LNG projects are value extraction, control, added value to the host country and incentives and investment protection for the foreign investors.
The critical issues between National Oil Companies (NOCs) and international oil companies (IOCs) in joint venture LNG projects are value extraction, control, added value to the host country and incentives and investment protection for the foreign investors.
Published in
June 2008
Also in this issue
A round up of the latest company news and developments
Published in
June 2008
Monday, 16 June 2008 11:46
BP develops studied approach to liquefaction in an Arctic climate
Written by
Martin Josten and John Kennedy
The Kenai LNG plant, at latitude 60oN in Alaska, has been operating successfully since 1969, but until recently has been the only major baseload liquefaction plant in a cold or even temperate region.
Now the Snøhvit LNG plant has recently begun operations at 71oN in Norway, and another plant, Sakhalin II LNG, is very close to start-up at 47oN in Russia. What differentiates these plants from those operating further South?
The Kenai LNG plant, at latitude 60oN in Alaska, has been operating successfully since 1969, but until recently has been the only major baseload liquefaction plant in a cold or even temperate region.
Now the Snøhvit LNG plant has recently begun operations at 71oN in Norway, and another plant, Sakhalin II LNG, is very close to start-up at 47oN in Russia. What differentiates these plants from those operating further South?
Published in
June 2008
Australia’s LNG exports have gradually expanded since the first shipments from the North West Shelf in 1989. The country is now on track, along with Nigeria, to be the world’s main LNG producer after Qatar.
The nation’s eventual output could almost quadruple to more than 50 million tonnes per annum by 2020 with the further expansion of the NWS and Darwin LNG projects and with around 10 other ventures under development or planned for the current 160 trillion cubic feet of gas discovered.
The nation’s eventual output could almost quadruple to more than 50 million tonnes per annum by 2020 with the further expansion of the NWS and Darwin LNG projects and with around 10 other ventures under development or planned for the current 160 trillion cubic feet of gas discovered.
Published in
June 2008
Monday, 16 June 2008 11:39
Commercial engineering of LNG value chain merits more attention
Written by
Neil Wragg and David Haynes, Advantica Group
What is the optimum LNG project design? The question usually has different answers depending on who you ask.
Engineers will want certain technical features such as maximum storage, certainty in design specifications and a narrow range of composition while commercial team members will see the value in flexibility and the ability to arbitrage.
What is the optimum LNG project design? The question usually has different answers depending on who you ask.
Engineers will want certain technical features such as maximum storage, certainty in design specifications and a narrow range of composition while commercial team members will see the value in flexibility and the ability to arbitrage.
Published in
June 2008
