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Submarine tankers proposed for Arctic LNG transport

Journal Article · · Sea Technol.; (United States)
OSTI ID:5568142
General Dynamics Corporation announced a plan for a proposed US-West German joint venture to transport liquefied natural gas via submarine tanker from Alaska's Prudhoe Bay to ice-free ports in Western Europe and North America. The proposal would call for an investment of $20 billion, with generated revenue estimates of at least $70 billion over a 25 year period. The major advantage of a submarine tanker over a conventional surface tanker would be the reliable and predictable transport of LNG from remote Arctic location regardless of surface weather and ice conditions. The water depths of the proposed transit route would allow the tankers to remain submerged for virtually the entire transit, save for passage through the western Barrow Strait where the water depth at times dips to 91 meters. The proposed plan calls for the construction of 28 submarine tankers and 9 surface tankers over an 11-year period. The proposal also calls for the construction of an Arctic liquefaction plant large enough to process LNG to meet General Dyanmics' target cargo lift of 2 billion cubic feet of LNG a day. (DP)
OSTI ID:
5568142
Journal Information:
Sea Technol.; (United States), Journal Name: Sea Technol.; (United States) Vol. 23:2; ISSN SEATA
Country of Publication:
United States
Language:
English

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