Wednesday, 08 November 2006 16:46
French float some new ideas for a generation of offshore terminals
Michel Vache DORIS Engineering (France)
DORIS Engineering is pioneering the development of Gravity Base Structures for LNG terminals.
The French company is building on its work on other platforms designed for the exploitation over the past 40 years of offshore oil and gas resources, such as FPSOs (Floating Production Storage Offloading), TLPs (Tension Legs Platform), subsea risers in deep waters, and marine operations.
One possible answer to the growing demand for natural gas is offshore LNG import terminals installed away from the shore, but as close as possible to the consumers, such as LNG-GBSs (Liquefied Natural Gas on Gravity Base Structures), FSRUs (Floating Storage Re-gasification Units), or special storage, re-gasification and offloading systems.
DORIS Engineering is pioneering the development of Gravity Base Structures for LNG terminals.
The French company is building on its work on other platforms designed for the exploitation over the past 40 years of offshore oil and gas resources, such as FPSOs (Floating Production Storage Offloading), TLPs (Tension Legs Platform), subsea risers in deep waters, and marine operations.
One possible answer to the growing demand for natural gas is offshore LNG import terminals installed away from the shore, but as close as possible to the consumers, such as LNG-GBSs (Liquefied Natural Gas on Gravity Base Structures), FSRUs (Floating Storage Re-gasification Units), or special storage, re-gasification and offloading systems.
Published in
April 2006
Wednesday, 08 November 2006 16:42
News Index April
A round-up of latest events, company statements, industry reports and people in the news
Published in
April 2006
Wednesday, 08 November 2006 12:20
News Index September
A round-up of latest events, company statements, industry reports and people in the news
Published in
Sep 2006
Tuesday, 07 November 2006 17:28
Florida’s gas composition decision offers preliminary guidelines for US LNG imports
A regulatory balancing act with reverberations throughout the Gulf Coast and beyond
Jacob Dweck, Principal, LNG Solutions Group, Bill Gwozd, Vice President, Ziff Energy,
David Wochner, Attorney, Sutherland Asbill & Brennan LLP
“The purpose of this proceeding is to determine appropriate natural gas quality and interchangeability standards to accommodate the introductions of re-gasified liquefied natural gas (LNG) into the Florida Gas Transmission (FGT) pipeline system,” wrote Judge Herbert Grossman of the Federal Energy Regulatory Commission (FERC) in his 65-page Initial Decision published 11 April in the AES Ocean Express v. Florida Gas Transmission case.
The Commission’s charge, stressed the Judge, is a delicate balancing act: “facilitate increased access to LNG supplies and simultaneously ensure that the introduction of gasified LNG into the FGT system will not have detrimental effects” on electric turbines, gas distribution systems, end-user appliances and other customers.
Jacob Dweck, Principal, LNG Solutions Group, Bill Gwozd, Vice President, Ziff Energy,
David Wochner, Attorney, Sutherland Asbill & Brennan LLP
“The purpose of this proceeding is to determine appropriate natural gas quality and interchangeability standards to accommodate the introductions of re-gasified liquefied natural gas (LNG) into the Florida Gas Transmission (FGT) pipeline system,” wrote Judge Herbert Grossman of the Federal Energy Regulatory Commission (FERC) in his 65-page Initial Decision published 11 April in the AES Ocean Express v. Florida Gas Transmission case.
The Commission’s charge, stressed the Judge, is a delicate balancing act: “facilitate increased access to LNG supplies and simultaneously ensure that the introduction of gasified LNG into the FGT system will not have detrimental effects” on electric turbines, gas distribution systems, end-user appliances and other customers.
Published in
May 2006
Tuesday, 07 November 2006 17:13
LNG safety expert describes his experiments with earth, wind and fire
Michael L. Moore, an LNG fire protection engineer, explains some of his activities in Texas and elsewhere that have helped in the development of an LNG safety manual. His full test data will be published in the LNG journal in the coming months.
It is September 2004 and a unique opportunity presents itself. I am sitting in another crowded room of engineers and operations managers struggling through yet another hazard and operability (HAZOP) meeting on a proposed offshore LNG terminal.
The participants are discussing the mystifying qualities, properties and characteristics of LNG as part of Chevron Corp.’s LNG Terminals of Excellence Project that included Port Pelican in the Gulf of Mexico.
It is September 2004 and a unique opportunity presents itself. I am sitting in another crowded room of engineers and operations managers struggling through yet another hazard and operability (HAZOP) meeting on a proposed offshore LNG terminal.
The participants are discussing the mystifying qualities, properties and characteristics of LNG as part of Chevron Corp.’s LNG Terminals of Excellence Project that included Port Pelican in the Gulf of Mexico.
Published in
May 2006
Tuesday, 07 November 2006 11:36
Shtokman LNG project may cost $40Bln
Gazprom’s biggest ever project is on the global scale as an investment, but also on the global scale in terms of risk
The Russian company will be disappointed with what Chevron, Total, ConocoPhillps, Statoil and Hydro have put on the table
John McKay, London
Russian natural gas monopoly Gazprom, whose announcement of partners for the Shtokman LNG project has repeatedly been delayed, is continuing to create doubts in the minds of investors about its determination to push the project forward and about the likely final costs.
The cost of the venture was initially put at $10 billion. Gazprom’s latest estimate is around $14Bln, but that is just for Phase I. Analysts now say that the whole project could cost between $35Bln and $40Bln, while the planned start-up of 2010 has already slipped to 2012.
The Russian company will be disappointed with what Chevron, Total, ConocoPhillps, Statoil and Hydro have put on the table
John McKay, London
Russian natural gas monopoly Gazprom, whose announcement of partners for the Shtokman LNG project has repeatedly been delayed, is continuing to create doubts in the minds of investors about its determination to push the project forward and about the likely final costs.
The cost of the venture was initially put at $10 billion. Gazprom’s latest estimate is around $14Bln, but that is just for Phase I. Analysts now say that the whole project could cost between $35Bln and $40Bln, while the planned start-up of 2010 has already slipped to 2012.
Published in
June 2006
Tuesday, 07 November 2006 10:25
Russian LNG finance: Profitable? Probably. Risky? Certainly
Peter Rigby, New York
When Peter the Great traveled through Western Europe in the late 17th century, he relied upon his tremendous personal charm and near 7-foot-tall stature to secure the technical know-how to help him build what would become Russia's first navy.
Some 300 years later, Russia, anxious to join the lucrative global liquefied natural gas trade, hopes to launch a fleet of tankers to deliver Russian LNG to energy-hungry countries in the West and Asia.
It will take more than charisma and compelling economics to initiate this 21st century venture, however. Political risk, opaque legal and business systems, and Russia's short history of contract law and enforcement will distinguish its LNG projects from recent LNG project financings in Qatar, Oman, and Trinidad and Tobago.
When Peter the Great traveled through Western Europe in the late 17th century, he relied upon his tremendous personal charm and near 7-foot-tall stature to secure the technical know-how to help him build what would become Russia's first navy.
Some 300 years later, Russia, anxious to join the lucrative global liquefied natural gas trade, hopes to launch a fleet of tankers to deliver Russian LNG to energy-hungry countries in the West and Asia.
It will take more than charisma and compelling economics to initiate this 21st century venture, however. Political risk, opaque legal and business systems, and Russia's short history of contract law and enforcement will distinguish its LNG projects from recent LNG project financings in Qatar, Oman, and Trinidad and Tobago.
Published in
Jul / Aug 2006
Tuesday, 07 November 2006 10:23
Peru LNG to set nation on modern path
Joint venture partners, including Hunt Oil, Repsol and SK Corp. of South Korea, are making progress in development financing
Pampa Melchorita liquefaction plant on the Pacific coast will deliver into the North American market by way of Mexico in 2009
Peru LNG, whose major shareholders are Hunt Oil of the US and Spanish major Repsol, is on the brink of making more progress in financing and development of what is the second phase of one of the world’s most controversial energy projects.
The LNG joint venture is in talks with multilateral financial institutions, including the World Bank and the US Export-Import Bank, for $800 million in loans and guarantees that would encourage commercial banks also to lend to the $2.7 billion liquefaction project.
Pampa Melchorita liquefaction plant on the Pacific coast will deliver into the North American market by way of Mexico in 2009
Peru LNG, whose major shareholders are Hunt Oil of the US and Spanish major Repsol, is on the brink of making more progress in financing and development of what is the second phase of one of the world’s most controversial energy projects.
The LNG joint venture is in talks with multilateral financial institutions, including the World Bank and the US Export-Import Bank, for $800 million in loans and guarantees that would encourage commercial banks also to lend to the $2.7 billion liquefaction project.
Published in
Jul / Aug 2006
