Enabling LNG Infrastructure Ship Efficiency Webinar Morten A Christophersen CEO, Connect LNG AS
Connect LNG at a Glance Turn-Key Transfer Systems Services Head Office: Slemdalsveien 70 Oslo, Norway Branch Office: Drammen, Norway Representation: Singapore and Shanghai
MAKING CLEANER AND CHEAPER ENERGY ACCESSIBLE
Why LNG? Cheap Source of Energy Huge Environmental Benefits Source: Platts, Petroleum Association of Japan and Bloomberg (Feb 2015) & 1 small LNG Terminal or = CO 2 reduction of 32.000 cars Source: BP Energy Outlook 2035 (2015) 130 soccer fields of solar panels *Fictive 150.000 tpa case terminal
LNG Market Outlook LNG Fuelled Fleet - Order book DNV GL (2014) BP Energy Outlook 2035 (Feb 2015) LNG World News, 10.08.2015
Emerging Gas Markets Existing Large Scale LNG terminals (approx.) Emerging Small-/Mid Scale LNG Markets Fukushima
Industry Challenges Large Scale Value Chain Exploration/ Production Liquefaction/Expor t Terminal Shipping LNG Receiving Terminal Transportation/ End User Regional Distribution Small-Mid Scale Value Chain Small-Scale Shipping Small-Mid-Scale Import Terminal Small-Scale Shipping Transportation/ End User Small-Mid-Scale Import Terminal Transportation/ End User Traditional solutions not economically viable
Small Scale LNG Terminals are Too Expensive % of total terminal cost Long-term LNG supply contracts for large volumes needed to justify investment 100 % 90 % 80 % 70 % 60 % 50 % 40 % 30 % 20 % Onshore Terminal CAPEX Onshore Terminal CAPEX Jetty CAPEX 10 % 0 % Jetty CAPEX 320.000 m3 20.000 m3 Large Scale Terminal Small Scale Terminal Payback Time < 8 years > 12 years
The Bottleneck: High costs of jetties and dredging Challenges with cost, time and regulations for building quays and jetties are hindering the development of LNG infrastructure We had a project that became economically unfeasible due to dredging and jetty construction. Terminal Owner
The Solution: The Universal Transfer System (movie)
The Universal Transfer System (UTS) Turn-Key System FLOATING HOSES PLATFORM HOSE STORAGE MBM PLATFORM IDLE MOORING PATENT PENDING
Based on traditional harbor operations
Based on traditional LNG hose operations
The Universal Transfer System (UTS) Today s Solutions: Cost Efficient and Short Lead-Time Flexible and Scalable Universal No Ship Modifications Required Minimal Intervention with Marine Environment Mobile Increased Safety
Current Pipeline of Projects Worldwide Total worldwide need of 410 UTS systems within 2025 12 4 4 5 More than 24 projects in Pipeline 12 Projects in Europe 5 Projects in Asia 3 Projects in America 4 Projects in Africa
Reference Project: Enabling Small Scale LNG Reloading Decommissioned jetty Customer: Large European LNG Terminal Owner Main Application: LNG loading berth for bunker vessels and regional distribution of LNG Basic Design Completed
Case Project: Import Terminal for Power Generation Pictures only for illustrational purposes Location: Latin America Customer: Industrial Manufacturing Company Main Application: LNG and Ethane Import for Power Generation
Case Project: LNG Import in Shallow Water Location Subsea LNG Pipe-in-Pipe Location: Indonesia > 1 km Main Application: LNG import for Power Generation Pictures only for illustrational purposes
Case Study: LNG Bunkering Port: The volume is too small to justify an investment in an LNG bunker vessel Sea side bunkering during cargo operations Possibility of relocation Designed for efficient harbor operations Developed together with Port Authorities and Gas Distributors
Making Cleaner and Cheaper Energy Accessible