Cost reduction ideas for LNG terminals

Conference · Thu Jul 01 04:00:00 EDT 1999

OSTI ID:20000917

Habibullah, A; Weldin, F

LNG projects are highly capital intensive and this has long been regarded as being inevitable. However, recent developments are forcing the LNG industry to aggressively seek cost reductions. For example, the gas-to-liquids (GTL) process is increasingly seen as a potential rival technology and is often being touted as an economically superior alternative fuel source. Another strong driving force behind needed cost reductions is the low crude oil price which seems to have settled in the $10--13/bb. range. LNG is well positioned as the fuel of choice for environmentally friendly new power projects. As a result of the projected demand for power especially in the Pacific Rim countries several LNG terminal projects are under consideration. Such projects will require a new generation of LNG terminal designs emphasizing low cost, small scale and safe and fully integrated designs from LNG supply to power generation. The integration of the LNG terminal with the combined cycle gas turbine (CCGT) power plant offers substantial cost savings opportunities for both plants. Various cost reduction strategies and their impact on the terminal design are discussed including cost reduction due to integration.

• Research Organization: Parsons Energy and Chemicals Group Inc., Pasadena, CA (US)
• OSTI ID: 20000917
• Report Number(s): CONF-990331--
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
20 FOSSIL-FUELED POWER PLANTS
COMBINED-CYCLE POWER PLANTS
COST
DESIGN
EVAPORATION
LIQUEFIED NATURAL GAS
LNG PLANTS
ON-SITE POWER GENERATION
PRODUCTION
SITE SELECTION
STORAGE FACILITIES