Technology advances keeping LNG cost-competitive
Abstract
LNG plants, often very expensive in the past, will in the future need to cost less to build and operate and yet maintain high safety and reliability standards, both during construction and operation. Technical advancements, both in the process and in equipment scaling, manufacturing, and metallurgy, will provide much of the impetus for the improved economics. Although world energy demand is predicted to grow on average of about 2% annually over the next decade, LNG is expected to contribute an increasing portion of this growth with annual growth rates averaging about 7%. This steep growth increase will be propelled mainly by the environmentally friendlier burning characteristics of natural gas and the strong industrial growth in Asian and pacific Rim countries. While LNG is emerging as the fuel of choice for developing economies, its delivered cost to consumers will need to stay competitive with alternate energy supplies if it is to remain in front. The paper discusses LNG process development, treating process, equipment developments (man heat exchanger, compressors, drivers, and pressure vessels), and economy of scale.
- Authors:
-
- Mobil Technology Co., Dallas, TX (United States)
- Mobil Oil Corp., Fairfax, VA (United States)
- Publication Date:
- OSTI Identifier:
- 479492
- Resource Type:
- Journal Article
- Journal Name:
- Oil and Gas Journal
- Additional Journal Information:
- Journal Volume: 95; Journal Issue: 22; Other Information: PBD: 2 Jun 1997
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 03 NATURAL GAS; LIQUEFIED NATURAL GAS; LNG PLANTS; PRICES; TECHNOLOGY UTILIZATION; HEAT EXCHANGERS; GAS COMPRESSORS; GAS TURBINE ENGINES; PRESSURE VESSELS
Citation Formats
Bellow, Jr, E J, Ghazal, F P, Silverman, A J, and Myers, S D. Technology advances keeping LNG cost-competitive. United States: N. p., 1997.
Web.
Bellow, Jr, E J, Ghazal, F P, Silverman, A J, & Myers, S D. Technology advances keeping LNG cost-competitive. United States.
Bellow, Jr, E J, Ghazal, F P, Silverman, A J, and Myers, S D. 1997.
"Technology advances keeping LNG cost-competitive". United States.
@article{osti_479492,
title = {Technology advances keeping LNG cost-competitive},
author = {Bellow, Jr, E J and Ghazal, F P and Silverman, A J and Myers, S D},
abstractNote = {LNG plants, often very expensive in the past, will in the future need to cost less to build and operate and yet maintain high safety and reliability standards, both during construction and operation. Technical advancements, both in the process and in equipment scaling, manufacturing, and metallurgy, will provide much of the impetus for the improved economics. Although world energy demand is predicted to grow on average of about 2% annually over the next decade, LNG is expected to contribute an increasing portion of this growth with annual growth rates averaging about 7%. This steep growth increase will be propelled mainly by the environmentally friendlier burning characteristics of natural gas and the strong industrial growth in Asian and pacific Rim countries. While LNG is emerging as the fuel of choice for developing economies, its delivered cost to consumers will need to stay competitive with alternate energy supplies if it is to remain in front. The paper discusses LNG process development, treating process, equipment developments (man heat exchanger, compressors, drivers, and pressure vessels), and economy of scale.},
doi = {},
url = {https://www.osti.gov/biblio/479492},
journal = {Oil and Gas Journal},
number = 22,
volume = 95,
place = {United States},
year = {Mon Jun 02 00:00:00 EDT 1997},
month = {Mon Jun 02 00:00:00 EDT 1997}
}