Technical innovation of LNG transportation at sea in LNG chain

Dynamic optimization of the LNG value chain

In operation of a large LNG processing plant there will be uncertainties related to planning and realization of an optimal operation strategy. Results show the importance of including the whole production chain in the optimization. For a test scenario where we look at the event of delayed ship arrival, this gives lower losses than a normal approach where the upstream part of the system and the ...

LNG Shipping Solutions 2017

Economics of the LNG Value Chain and Corporate Strategies

This paper analyzes corporate strategies in the emerging global market for liquefied natural gas (LNG). In particular, we provide an empirical analysis of the determinants driving companies towards increasing vertical integration leading to an industry in which a small number of large and powerful players are active. Our hypothesis of high transaction costs along the LNG value chain inducing a ...

Strategic Model of Lng Arbitrage: Analysis of Lng Trade in Atlantic Basin

We develop a two-stage model of the LNG market to determine the incentives to enter long-term contracts vs. spot trade and to understand the causes of new contract terms. First we study how LNG importers and exporters negotiate long-term supply contracts and make investments under demand uncertainty. Second we analyze spot trade when demand is known, capacities and long-term supplies are fixed....

Gas Turbinesand Turbocompressors for Lng

The international liquefied natural gas (LNG) trade is expanding rapidly. Projects are being proposed worldwide to meet the industry forecasted growth rate of 12 percent by the end of the decade. LNG train designs in the coming years appear to fall within three classes, having nominal capacities of approximately 3.5, 5.0, and 8.0 million tons per annum (MTPA). These designs may coexist in the c...