A Cost-effective Solution for the Next Generation of LNG Carriers (eBook)

Published Date

January 1994

A Cost-effective Solution for the Next Generation of LNG Carriers (eBook)

(Excludes any applicable taxes)

This paper attempts to describe a shipyard based approach to the reduction of costs within the LNG trading cycle. (15pp)

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Development of LNG is still impaired by its relatively high cost compared to other fossil fuels and even to the cost of gaseous natural gas transported by pipelines (at least for distance on land not exceeding 3 to 4000 kilometers).

However, LNG is the solution to supply natural gas where a consumer's country is remotely located from producer's plant or, in some cases, for diversifying energy sources. LNG must be considered today as a "strategic" fuel and long term contracts are therefore the rule for LNG supply.

When considering a new contract of that type, the absolute quantity of yearly LNG deliveries is an important factor:
– for new contracts of somewhat "secondary" importance not exceeding, today, figures up to about 2 million tons/year, upgrading existing facilities is possibly a good return on investment.
– on the other hand, development of totally new trades, involving larger LNG deliveries, requires that cost effectiveness be ensured for all segments in the above mentioned LNG chain in order to reach satisfactory level of LNG price.

It is, of course, only in this last opportunity that the best results for a possible LNG cost reduction will be obtained.

Paper Delivered by:
Michel Garguet
Roger Courtay
René Harre,
(all from Chantiers de l'Atlantique, GEC Alsthom, France)

Prepared for:
Gastech Kuala Lumpur 1994

For over 45 years, the Gastech Exhibition & Conference has been at the forefront of the international gas and LNG market. This world-renowned event is regarded as the most significant meeting place for gas and LNG professionals, where the global industry gathers to do business.

Gastech hosts major IOCs, NOC’s, global utility companies, EPC contractors, shipbuilders, pipeline companies, manufacturers, distributors, technology and service providers, all who play an active role in the global energy value chain.

Title: A Cost-effective Solution for the Next Generation of LNG Carriers (eBook)
Product Code: 4433g067
Published Date: January 1994

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