2014 Spring Meeting & 10th Global Congress on Process Safety
(30a) Key Decisions and the Factors Influencing Them for a Successful LNG Liquefaction Plant – Perspective from an OEM
The number of liquefaction projects is booming as project owners want to respond to the LNG demand. The development of a LNG project is long and goes through several phases such as conceptual and feasibility studies, pre-FEED (front-end engineering design), FEED and EPC contract. The main refrigeration compressors are one of the key pieces of equipment of each project. The compressor size and power can be extreme for a world class liquefaction plant. Owners often have to make key decisions in the early phases of the project without necessarily having the benefit of more detailed analyses of the potential consequences. The presentation´s objective is to give the perspectives from an Original Equipment Manufacturer on the key decisions to be made and some key consequences of these early decisions. It will cover the impact that plant capacity, process selection, type of commercial contract with the gas resource owner, driver selection for the main refrigeration units and project objectives can have on the financial returns of the project.