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A liquefied natural gas terminal is a facility for managing the import and/or export of liquefied natural gas (LNG). It comprises equipment for loading and unloading of LNG cargo to/from ocean-going tankers , for transfer across the site, liquefaction, re-gasification, processing, storage, pumping, compression, and metering of LNG. [ 1 ]
Mizushima LNG terminal, Mizushima LNG and Chugoku Electric Power and Nippon Oil, 0.16M m 3, 2006; Kyūshū region and Okinawa. Ōita LNG terminal, Oita LNG and Kyushu Electric Power and Kyushu Oil and Oita Gas, 0.46M m 3, 1990; Tobata LNG terminal, Kitakyushu LNG and Kyushu Electric Power and Nippon Steel, 0.48M m 3, 1997
The LNG industry developed slowly during the second half of the last century because most LNG plants are located in remote areas not served by pipelines, and because of the high costs of treating and transporting LNG. Constructing an LNG plant costs at least $1.5 billion per 1 MTPA capacity, a receiving terminal costs $1 billion per 1 bcf/day ...
Moving LNG production to an offshore setting presents several challenges. In terms of the design and construction of the FLNG facility, every element of a conventional LNG facility needs to fit into an area roughly one quarter the size, whilst maintaining appropriate levels of safety and giving increased flexibility to LNG production. [25]
In my previous article, we saw how an escalating global demand for natural gas creates an argument for its export. But that alone won't make U.S. exports profitable. There are other major factors ...
B or b – prefix denoting a number in billions; BA – bottom assembly (of a riser) bbl – barrel bbl/MMscf – barrels per million standard cubic feet
The cost breakdown analysis is a popular cost reduction strategy and a viable opportunity for businesses. [1] [2] [3] The price of a product or service is defined as cost plus profit, whereas cost can be broken down further into direct cost and indirect cost. [1] As a business has virtually no influence on indirect cost, a cost reduction ...
The ability to produce and offload LNG to large LNG carriers is an important innovation, which reduces costs and removes the need for long pipelines to land-based LNG processing plants. However, fitting all the equipment onto a single floating facility was a significant challenge.