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11th LNG conference focuses on cost cutting, pricing issues.

Type of article: Article

Summary

High market and low market demands for LNG up to 2015 are estimated. The mean recognises some decrease in annual expansion from the present 7%. The increased requirement will be met partly by new projects, but mainly by increased output from existing plants. It is thought that costs could be reduced by changing to larger single shaft gaz turbines, increasing train capacity, the use of new liquefaction technology, and larger marine tankers. 200,000 m3 ships are being considered, saving 15% cost compared with present 125,000 m3 vessels. Other suggestions are to build small tankers to deliver required loads to individual users, particularly city gas supply utilities. Competition is expected from most other fuels which will reduce gas demand for power generation. The market, though tighter, will be boyant enough to require new innovations. D.W.H.

Details

  • Original title: 11th LNG conference focuses on cost cutting, pricing issues.
  • Record ID : 1997-0664
  • Languages: English
  • Source: LNG Obs. - vol. 6 - n. 2
  • Publication date: 1995
  • Document available for consultation in the library of the IIR headquarters only.

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