July 2008

Special Report: Process/Plant Optimization

LNG technology—The next chapter

Technical challenges of new plants will involve the sizing of trains, construction cost controls, onshore vs. offshore, energy efficiencies and environment

As the liquefied natural gas (LNG) industry accelerates its growth, there is a steady influx of new players. Most would classify themselves as either technical or commercial with respect to their responsibilities, with limited exposure to the other discipline. Thus, there are engineers with little understanding of the financial terms and conditions of a project, and financiers who may have a limited understanding of the technical aspects of their specific project and yet may not be aware of the other paths that might have been taken. It is one thing to say that one technical solution is less costly than another. However, what is the impact on the ability to finance the project, or the abilit

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