Developing business through the lng value chain we aim to develop our business throughout the lng value chain, maximizing value through linked business spanning the procurement and transportation of lng, the production and supply of city gas, and the provision of energy solutions. Completing the lng value chain the use of natural gas is already strong and will continue to increase. Traditionally, the japanese lng value chain consisted of primary and secondary lng terminals. Lng supply chain in pdf possibilities for the use of lng as a fuel on the baltic sea. Those components, shown in figure 8, will be discussed at the outset and then we will turn to project economics and the growth of the lng market. The power production in the caribbean islands is today mainly based on oil and coal. This program is designed to provide an overview as well as advanced topics on global oil, natural gas, and lng value chains.
Economics of the lng value chain and corporate strategies. Optimization of a smallscale lng supply chain sciencedirect. The environment still is exposed on degradation caused by industries activities. Participants will discover the economics, technology, policyregulatory issues and business strategies and trends that affect these value chains. Weve built redundancy and resiliency into our supply chain in order to prevent incidents and ensure that if events occur, they produce the. An lng receiving terminal comprises lng storage tanks and regasification facilities that convert lng back to its gaseous state by the application of heat, also known as vapourisation. Cemtpp 4 three forces are leading to growth in gas and lng demand in electricity generation gas value.
The term cryogenic means low temperature, generally below 100 o f. The economics of lng supply based on hybrid pvwind power plants mahdi fasihi and christian breyer neocarbon energy 2nd researchers seminar lappeenranta, 16. Combining smallsized gas cogeneration systems and waste heat boilers is also possible in. Imo 2020 impact on upstream producers, lng and bulks. By optimising resource utilization, we increase production efficiency by up to 5% while also maximising recovery. Fortunately for the environment, the international community imo, eu, helcom agreed to reduce emissions of some pollutants. Economics of the lng value chain and corporate strategies an empirical analysis of the determinants of vertical integration sophia ruster1 and anne neumann paper to be presented at the 26th usaee international conference september 2427, 2006, ann arbor, michigan, u. In the case study the model outlined in section 3 was applied to optimize the maritime routing of a smallto mediumscale lng supply chain in the area of the caribbean islands. The lng value chain consists of five interdependent activities.
Exploration and production of natural gas liquefaction of natural gas into lng transport from liquefaction facility to the final destination receiving and storage at the final destination. To make lng available for use in energy consuming countries like the. Project financing of the lng supply chainfinal426942 1. More than 300 lng tanks containers manufactured since 1999. Wartsila has the experience and tools that already at an early. This global lng business is described as the lng value chain. Our goal is to raise the level of awareness around the natural gas supply chain among key stakeholders in order to facilitate positive working relationships and more informed decision making. Hybrid structures combining some of the attributes of integrated, merchant. Driven by increasing natural gas demand and decreasing costs along the whole lng value chain due to significant economies of scale, improvements in technologies, etc.
The study looks into the overall aspects of a small scale lng chain from a technical and economical point of view. For comparison, a vessel running on marine gasoil must consume 8. Lng supply chains and the development of lng as a shipping. With over three decades of specialised knowhow in handling, storing and transporting lng by sea, exmar has been a pioneer in introducing innovations along the entire lng value chain. In this region there are already a few lng terminals in operation and more may be built in near future. Domestic supply and demand analysis power and nonpower sector. Unlocking the supply chain for lng project success assets. Da 1 2 liquefied natural gas value chain for clean shipping, green ports and blue growth in the baltic sea region the project will focus on developing the demand and accessibility of liquefied natural gas lng in the baltic sea region. Lng value ltd was launched in 2014 by max vauthier, lng expert with over ten years of experience in the lng industry the rapid growth of flexible lng trades worldwide and the increasing interest in lng as an alternative source of gas supply is creating major trading and. In this chapter, the lng supply chain is introduced, and two planning problems related to the transportation planning and inventory management within the chain are presented. Creating new value chains in the north american lng market hitachi hightech aw cryo, inc.
In this webinar and slide pack, senior wood mackenzie analysts present the implications, including. These indicators are meant to facilitate the analysis of the financial performance of total and. The former receives imported lng from large ocean tankers, and then a part of the lng is transferred by coastal vessels to secondary terminals. A recentlycompleted study by pace global a siemens company under sponsorship from the center for lng clng provides valuable insights in comparing various configurations of the lng value chain to coal when the two primary energy forms compete in supplying the power. Lng is 37,000 km while smaller coastal tankers typically transport within 2,7004,600 km. Understanding natural gas and lng options department of energy. For example, to generate 100 kwh of power net calorific value, a vessel running on lng must consume 7. We have strived to establish an lng value chain that encompasses procurement. Access to end users including regasification, when required. Lng transport most of the growth in the global lng market is expected to occur in large production plants exceeding roughly 1 million tyear in australia, asia, the us and parts of africa, mainly mozambique. Lcas have been developed in recent years covering the general lng value chain. An animation describing the full lng value chain of production, liquefaction, transportation, and regasification.
Transport of lng from liquefaction facility to the final destination receiving and storage of the lng at the final destination access to end user, including regasification atlantic is only a liquefier of natural gas into lng. Lng economic, market and financial perspective european. Supply chain of lngbusiness and demandforecasting of lng in india rajeev gandhi institute of petroleum technology mba 2011 presented by. Yokogawas commitment to innovation in lng projects worldwide dates back to the 1970s. The liquefied natural gas lng value chain is defined as all. Lng value chain for value creation the tokyo gas group, since receiving the first cargo of lng to japan, in 1969, has been the nations leader in use of lng and a top company in natural gas. When condensed, its volume is reduced by 600 times, which makes it cost efficient to transport over long distances. Lng at the crossroads identifying key drivers and questions for an industry in flux 1 the volume of liquefied natural gas lng traded globally has quadrupled in the last two decades and is. With its extensive experience and comprehensive portfolio of solutions, yokogawa has what it takes to achieve operational excellence in the lng supply chain. This module is dedicated to lng value chain and markets sector. Pdf dozens of regulations pertaining to the environment and shipping or. Thereafter it is send into the pipeline system, for distribution to endusers. Gas processing and ngl markets, lng value chain and markets, natural gas pipelines and load balancing including underground gas storage.
At its destination the liquid lng is then returned to gaseous state at regasification facilities and distributed to homes, businesses and industries through the existing gas network. We reduce offshore project capex by up to 5% and opex by up to 6%. Creating new value chains in the north american lng market. 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. Value chain optimization when developing an lng project, it is important to consider the setup and reliability of the whole lng value chain in order to achieve an affordable and wellfunctioning system. Liquefied natural gas value chain for clean shipping. Corporate strategies along the lng value added chain tu dresden. In this petroleum online series we will focus on four key midstream sectors of the value chain.
As a tool to study gastopower supply chains and their governance, the scpr framework is original in its broad scope and focus on evolving causal dynamics, both with the goal to support systematisation of findings from different countrybased studies. Lng value chain if the united states is to increase lng imports, significant capital investment will be necessary by energy firms across the entire lng value chain, which spans natural gas production, liquefaction capacity, transport shipping, storage, and regasification. We do not play any other role in the lng value chain. It is essential to extend the value of lng value chain along the entire chain liquefaction, storage, transport, regasification that allows the achievement of efficiency. Lng supply chain infrastructure configuration economic. Lng value chain value propositions golng main page. Plants, terminals and equipment for the entire lng value.
The lng value chain, from production to market, is a substantial integrated undertaking because all of its components must exist and be aligned both legally and commercially for a project to be viable. Summary and conclusions this study is carried out under work package 5 of the magalog project. In section 3 we present the extended lng value chain in the baltic sea. Lng is a clear liquid, with a density of about 45% the density of water. Economics of the lng value chain and corporate strategies an. An empirical analysis of the determinants of vertical integration. Lng terminal in swinoujscie as a lng gate to the baltic sea slawomir sieradzki, deputy director development division, gazsystem s. D56 lng supply chain feasibility study overall report. Introduction to lng and various types of lng storage tanks introduction lng is a cryogenic liquid.
1029 863 501 1445 1413 1075 1083 1124 250 1261 828 1270 1353 1480 986 1061 166 1058 1409 203 576 182 818 1125 1392 1204 959 296 252 1187 804 1437 801 470 1368