Floating into the future: Groundbreaking floating LNG technology - making liquefied natural gas on board the biggest ships on earth - is a ''natural evolution'' for the oil and gas industry, says Woodside chief Peter Coleman.
Woodside's biggest shareholder, Royal Dutch Shell, is building the world's first floating LNG vessel to develop its Prelude field in the Browse Basin off Western Australia, and also wants to use the technology as an alternative to onshore processing of Browse gas at the James Price Point on the Kimberley coast.
Woodside recently presented its Browse joint-venture partners - including Shell - with costings for James Price Point.
Mr Coleman would not comment on the likely outcome at Browse but said floating LNG, in general, was a ''technology of the future'' and Woodside needed to develop its capability.
''Oil evolved from onshore plants to what today is industry-accepted practice for remote-location, small fields, FPSOs [floating production, storage and offloading vessels]. So in the oil world you already have an analog to go by. LNG is simply taking what was done in oil now and moving that into LNG.''
Mr Coleman said the new ships would be six times heavier than the largest aircraft carrier at 600,000 tonnes and almost 500 metres.
Photo Damian Kelly
ACTION OF THE DAY
A MAJOR national bank has been forced to remove more than 100 misleading out of order signs from its ATMs after being targeted by anti-coal activists.
A MAJOR national bank has been forced to remove more than 100 misleading out of order signs from its ATMs after being targeted by anti-coal activists.
A score of ANZ Banking Group machines sprawled across six capital cities were plastered with "out of order" signs on Sunday after campaigners launched their latest bid to draw attention to the bank's funding of the coal industry.
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We have mentioned this for some time,it will be taken on at some time in the future.
ReplyDeleteAustralia’s controversial James Price Point Liquid Natural Gas (LNG) plant could mark a turning point in Asia’s energy future.
Liquid Natural Gas (LNG) A Pan-Asian Gas Pipeline
If environmental opposition scuttles the proposed land-based LNG plant, alternatives must be found. One is floating LNG. But that’s opposed by the Western Australian government.
A third option is a gas pipeline from Broome to Darwin. There’s much to recommend this.
From there the pipeline could cross the Timor Sea. There, it could pass through the Sunrise Gas Field. Development of Sunrise is similarly stalled due to pipeline/LNG/floating LNG development controversy.
From Sunrise, a pipeline could cross East Timor to Indonesia en route to interconnections in Southeast Asia, the South China Sea, southern China, Japan and South Korea.
Development of James Price Point could shape the future course Australia and Asia takes in developing a regional natural gas delivery infrastructure.
That, in turn, will dramatically impact Asia’s ability to reduce regional carbon emissions.
The stakes are high. Asia must think long-term.
A Pan-Asian Gas Pipeline network represents a much more far-sighted, flexible, cheaper infrastructure than single-generation, single-purpose LNG.
Gas pipelines can carry hydrogen, biofuels and waste carbon. LNG can’t.
This flexibility will be crucial. So will be the ability to leverage networks.
That’s because a Pan-Asian Gas Pipeline can create the crucial routes that high-capacity High-Voltage Direct Current electricity power lines and fiber optics can later follow.
The end result will be a regional, open-access, common-carrier energy and data network. The Internet is the template.
‘Bits and pieces’ of a Pan-Asian Gas Pipeline are already taking shape. The challenge is to recgonise the pattern and reap the gains.
Australia’s Northwest Shelf has the Dampier-Bunbury pipeline. Australia’s Bayu Undan pipeline extends halfway across the Timor Sea. Indonesia’s Palapa Ring fiber optic cable project will soon reach West Timor.
The Association of Southeast Asian Nation States has plans to exapnd cross-border energy links through the Trans-ASEAN Gas Pipeline and Trans-ASEAN Electricity Grid projects.
Meanwhile, China is building dozens of large-scale, domestic long-distance power line projects.
China also is deepening cross-border electricity and natural gas pipeline interconnections with the Mekong States and central Asia.
Asia needs trillions of dollars of energy infrastructure as it emerges as the world’s largest economic bloc.
Environmental opposition to Australia’s proposed land-based James Price Point LNG plant could start of a regional shiift toward flexible, future-proof multilateral energy networks rather than expensive, high-cost, single-technology bespoke bilateral infrastructure.
To learn more visit our website at www.grenatec.com.
Thanks to Kimberley Page.
A list of LNG EXPORT terminals to be completed in...
ReplyDelete2013 :•Ningxia Yinchuan Lng Terminal
•Iran Nioc Lng Terminal
•Arzew Lng Terminal
2014 : •Colombia Lng Export Terminal Project
•Gorgon Lng Terminal
•Donggi Senoro Lng Terminal
•Liquid Niugini Gulf Lng Terminal
•Papua New Guinea Lng Terminal
•Queensland Curtis Lng Terminal
2015 : •Malaysia Lng Terminal Train 9
•Malaysia Flng Terminal
•Dominion Cove Point Lng Export Terminal
•Australia Pacific Lng
•Sabine Pass Lng Terminal Project
•Gladstone Lng Terminal
2016 : •Cameron Lng Export Terminal Project
•Freeport Lng Export Terminal Project
•Ptt Timor Sea Flng Terminal
•Masela Lng Terminal
•Kitimat Lng Terminal
•Prelude Floating Lng Terminal
•Abadi Masela Lng Terminal
•Wheatstone Lng Terminal
2017 : •Corpus Christi Lng Export Terminal Project
2018 : There are several on the drawing boards,but not yet listed.
2019 : Same as 2018.
2020 : Same again.
................
In stark contrast to this,here are the LNG IMPORT terminals due to be completed in...
2013 : •Zhuhai Cnooc Lng Terminal
•Tangshan Lng Terminal
•Jieyang Lng Terminal
•Singapore Lng Terminal
2014 : •San Pedro De Macoris Lng Terminal
•Aguirre Gasport Lng Terminal
•Klaipeda Lithuania Lng Terminal
•Tianjing Lng Terminal
•Beihai Lng Terminal
•Jamaica Lng Terminal
•Hainan Lng Terminal
•Swinoujscie Polskie Lng Terminal
2015 : •Gas Atacama Floating Lng Import Terminal
•Gothenburg Lng Terminal
•Lebanon Lng Terminal
•Lahad Datu Sabah Lng Terminal
•Thivai Lng Receiving Terminal
•Muuga Lng Terminal
•Bapco Bahrain Lng Terminal
•Dunkerque LNG Terminal
2016 : NIL.
2017 : NIL.
2018 : ?
2019 : ?
2020 : ?
LIST OF CANCELLED LNG TERMINALS - ALL IMPORT.
•Keyspan Lng Terminal
•Goldboro Lng Terminal
•Port Pelican Lng Terminal
•Bearhead Lng Terminal
•Calhoun Lng Terminal
•Crown Landing Lng Terminal
•Cacouna Lng Terminal
•Bradwood Landing Lng Terminal
•Ingleside Energy Lng Terminal
•Casotte Landing Lng Terminal
•Weavers Cove Lng Terminal
•Sparrows Point Lng Terminal
..........
Is there a conclusion to be drawn from all this?
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