LNG (Liquefied Natural Gas) Project

LNG (Liquefied Natural Gas) Project (LNG Business Value Chain) includes from the wellhead to end users (the production, processing, conversion of natural gas to LNG, storage, long-distance transportation, storage and regasification), and supply: Liquefaction plant (LNG Producing); LNG Storage Tank; LNG Terminal (Export (Loading) and Import (Unloading)); Regasification; LNG Carrier, etc.

Related Definitions in the Project: The Project; Project Management; Engineering; Plant and Process Unit

Example Article of the LNG:

The Longer The U.S.’s Pause On LNG Projects Goes On, The Better It Is For Russia (Source: Oil Price on 19 February 2024): Last week’s attempt by the U.S.’s Republican-controlled House of Representatives to unblock the stoppage on approvals of permits for new liquefied natural gas (LNG) looks highly unlikely to succeed. Despite the House approving a bill to remove the pause on LNG permits, it still needs to be passed in the Democratic-controlled Senate and then to be signed by Biden to become law. LNG remains the key emergency energy source in the new global oil market order, as analysed in full in my new book of the same name, and without the U.S. continuing to play its role as key producer and coordinator of other LNG supplies, the political cohesion of Europe – and of the West’s core NATO security alliance – may falter. ... 

Spain's Tecnicas Reunidas, FCC to build large LNG terminal in Germany (Source: Gas Processing on 18 April 2023): Spanish companies Tecnicas Reunidas and FCC, as well as Turkey's ENKA, have won a contract to build a liquefied natural gas regasification terminal in Germany worth about $1.09 B, Tecnicas Reunidas said. The terminal will be in the river port of Stade in the region of Hamburg and will have a capacity of 13.3 bcm of gas a year, Tecnicas Reunidas said in its statement on Tuesday. The terminal, which would be ready in 2027, will include infrastructure to handle other green gasses such as hydrogen, the statement said. Germany has scrambled to diversify its gas sources since the invasion of Ukraine and the disruptions to the supply of natural gas from Russia. Liquefied natural gas shipped on big tankers from providers such as the United States and Qatar is the main alternative, though it requires new infrastructure. ...

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ThePD (The Project Definition)

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