In their study, two possible lng procurement strategies were considered in the case of lng being traded at the regasification terminal or in the case of small scale lng. Small scale lng economics university of minnesota duluth. The progression of an lng project canadian lng projects canadian lng projects and how our extensive global lng experience can help you assess and manage your lng. The next question is will small scale lng be a game changer, in terms of the amount of lng sold through small scale projects, and whether that makes an impact on how the current lng. Small scale liquefied natural gas lng august 3, 2017 december 29, 2017 hamzah djuned. Opportunities of monetising natural gas reserves using. If companies look to novel financing structures and more. Lng fuel replacement supply chain model and indicative economics lng supply chain lng may be delivered by rail, barge, small dedicated vessel micro shuttle or truck 28. Mini and micro lng for commercialization of small volumes. Small scale lng tends to be more expensive than a mid or large scale. As a result of developments in technology as well as economics, the small scale lng business chain has expanded from just a replica of world scale lng to a customization of small scale lng solutions. Why smallscale lng may be the next big wave, presents this niche but nascent industry segment that is already portable and scalable, and boasts significant potential. Rapid growth has led to stranded gas and flare gas opportunities. Mini micro lng for commercialization of small volumes of.
The original book, understanding natural gas and lng options, and other. The book also addresses lng import projects for local. Lng projects are cost intensive investments and the decision making dm process involves an extensive set of complex. Legislationlfn2012the%20petroleum%20industry%20bill%20%202012. Carbon price forecasting with a novel hybrid arima and. Energies free fulltext fuel switch to lng in heavy. This study proposed a new lng liquefied natural gas supply chain using liquid nitrogen ln 2 to liquefy natural gas on a small scale, and analyzed the life cycle cost lcc and the life cycle profit lcp for the supply chain. Mini and micro lng for commercialization of small volumes of. Economics of the lng value chain and corporate strategies an. A small business gains scale in the vast global natural gas industry, much of the conversation revolves around major trends such as oversupply, the growth of liquefied natural gas lng spot trades, and the prospects of mega lng.
Pdf technical, economic, social and environmental conditions are turning natural gas into a feasible solution for sustainable transportation. Smaller scale distributed lng production has allowed producers to locate lng supply within regions of high demand, thus reducing the cost of lng distribution. Minimicro lng facilities currently mainly consist of lng liquefaction plants supplying lng satellite stations with annual lng volumes up to 0. Lng vehicles require larger fuel tanks, because 1 gallon of lng provides only 60% of the energy generated by one gallon of diesel. Natural gas was liquefied with the latent heat of ln 2 without any turbomachines. Epcm, but also lease then small scale lng project economics. Gate terminal presentation to unece geneva, 20 january 2015 18012015 unece igu on lng as fuel 1. Challenges of developing new small scale lng infrastructure source. Small scale lng economics international independent innovative lng fuel forum 20 th september 2011 stockholm 1 this presentation has been prepared by the bergen energi group, including collaborators from bergen energi as headquarters and bergen energi markets as. Minimicro lng facilities currently mainly consist of lng liquefaction plants supplying lng satellite stations with annual lng.
Lng plants mini and small scale liquefaction technology. Small scale projects are defined as anything less than 0. Lng plant cost escalation oxford institute for energy. Economic evaluation of a new smallscale lng supply chain. The main challenge for small scale lng applications is therefore not technical but economic. Lng marketing and sales cement contractors services and products provided to the lng industry can generally be segregated into six sectors. Legislationlfn2012the%20petroleum%20industry% 20bill%20%202012. My name is igor maynitskiy and i am responsible for advancing the export of gazproms small scale.
Small scale lng solutions have been implemented in. Influence of the plot area in an economical analysis for selecting small scale lng technologies for remote gas production, journal of natural gas science and engineering, 2, 302309. A wsce mini lng plant is a modularized turnkey small scale liquefied natural gas lng solution. An economic solution to small mid scale liquefaction. With small scale production, there is now the possibility for stranded gas. Developed by funded by contributing partners ghana ministry of. Lng and natural gas demand is tied to global economic growth. Small scale liquefaction university of minnesota duluth. Opportunities for new energy companies and suppliers lng worldwide production 0 20 40 60 80. Comparison of minimicro lng and cng for commercialization of small volumes of associated gas prepared by tractebel engineering s. Small scale market developing in part off the back of the need for greater supply flexibility, e.
Small scale lng is definitely a different game from the lng industry of a few years ago that was supported by high oil prices. One mini lng plant consists of standard 20 foot transport containers. This petroknowledge training course is designed to help managers and professionals to expand their business knowledge and stay top of lng. Economic evaluation of a new smallscale lng supply chain using. Epcm, but also lease then small scale lng project economics are low enough to enable gas to be supplied to even the smallest power plants.
Confidential multiclient study micro, small, and mid. Small scale liquefied natural gas lng hamzah djuned. Department of economics, faculty of economics and management, czech. When and where to use small lng carriers islands seasonal consumption. Opportunities for small scale lng supply chain in latin. Minimicro lng facilities currently mainly consist of lng. Smaller scale, lng, production, micro lng, liquified. Small scale lng 1 1 2012 2015 triennium work report june 2015 small scale lng program committee d3 produced by. When and where to use small lng carriers islands seasonal consumption isolated places expensive pipelines pipeline expansions premarketing new markets. The evolution of smallscale lng markets gazprom export. For certain applications, however, including floating lng this train. Lng transport costs, and the dynamics of lng imports, energy economics. Smallscale liquefied natural gas lng plants guide ge. Small scale lng tends to be more expensive than a mid or large scale because of high cost of liquefaction.
Economics of the lng value chain and corporate strategies an empirical analysis of the determinants of vertical integration sophia ruester1 and anne neumann paper presented at the 10th annual isnie conference september 2124, 2006 boulder, colorado usa abstract this paper analyzes corporate strategies in the emerging global market for liquefied natural gas lng. Pdf there is a global need to increase the production of alternative. Challenges of developing new small scale lng infrastructure. Liquefied natural gas lng plays a major role in the energy market. A smallscale natural gas supply chain using liquid nitrogen is suggested. Lewis, contributing editor royal dutch shell has been keen to establish itself as a heavy investor in innovation over recent years, pioneering large scale gas. Mini micro lng for commercialization of small volumes of associated gas. The large scale of the cng loading facilities also required for large gas volumes. Pdf smallscale natural gas liquefaction for trucks.
Small scale lng distribution chain starts typically from medium size hub. Energy economics and law cpeel nigeria richard donohoe managing director berkeley research group united states nicholas j. Table 35 detailed economics small scale lng by nitrogen refrigeration cycle process 84. Small scale lng emerging lng marine transportation options peaking and storage. Costs and economics of micro, small, and mid scale lng supply price forecasts and mechanisms by region and demand segment. The supply chain is evaluated in terms of life cycle cost and life.
Small tom id scale lng plants with a nameplate capacity less than 1. Bhge instills a wealth of liquefied natural gas lng expertise in our small scale lng modular plants. Small and medium size lng for power production author. November 20 ppp book listed 27 projects accounted in.
Designed for a variety of remote power, utility, and transportation applications, this fully integrated, plugandplay natural gas liquefaction plant can produce between 25 and 1,200 kgallons of lng. Figure 9 configurations of the small scale lng value chain. Pdf economic and technological analysis of commercial lng. Summary of the minimicro lng liquefaction technologies. They determined that the use of terminal enables a 10% reduction in ghg emissions compared to diesel, while the emission from small scale lng.