Finding a home for Australian LNG in developing power markets

Recent energy market trends have opened the opportunity to exploit Australian liquefied natural gas (LNG) as a cost-competitive fuel source for power projects in developing markets. Regrettably, having favourable market conditions does not automatically lend itself to projects getting sanctioned and being successful. It is fair to say that the number of projects up and running in the current market is less than expected. This paper aims to explore some of the key reasons why LNG to power projects fail to become a reality and what Australian LNG producers could do to achieve their ambition of creating new markets to sell their LNG into. The paper concludes by outlining several development approaches that are being used in industry and how Australian LNG suppliers can partake in these approaches by standing out from the crowd, framing the opportunity, aligning agreements to the capability of the technology and understanding scale and industrial ecologies.

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Comparative analysis of natural gas imports by pipelines and FSRU terminals

Pomorstvo ◽

10.31217/p.33.1.12 ◽

2019 ◽

Vol 33 (1) ◽

pp. 110-116

Author(s):

Filip Jovanović ◽

Igor Rudan ◽

Srđan Žuškin ◽

Matthew Sumner

Keyword(s):

Comparative Analysis ◽

Natural Gas ◽

Energy Supply ◽

Sustainable Energy ◽

Liquefied Natural Gas ◽

Energy Sources ◽

Energy Market ◽

Gaseous State ◽

Feasible Option ◽

Market Outlook

Natural gas is one of the most sought-after trade commodities in the energy market, mainly due to exploitation of cleaner and sustainable energy sources. The most common transportation method for natural gas imports is either through designated pipelines in its gaseous state or carried in its liquefied state as Liquefied Natural Gas (LNG) by specialized tankers. The analysis and comparison of natural gas import by pipelines and FSRU (Floating Storage and Regasification Unit) terminals is presented in this paper. Pipeline import is currently the cheapest and most feasible option, but it requires significant infrastructural investments, which can affect imports in countries where production is far from the delivery, so alternatively vessels and import terminals are necessary to ensure natural gas imports and energy supply stability. This paper analyses the technology and current market outlook of both natural gas import methods.

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Heat Recovery From a Liquefied Natural Gas Production Process by Means of an Organic Rankine Cycle

Volume 9: Oil and Gas Applications; Supercritical CO2 Power Cycles; Wind Energy ◽

10.1115/gt2018-75370 ◽

2018 ◽

Cited By ~ 1

Author(s):

M. A. Ancona ◽

M. Bianchi ◽

L. Branchini ◽

A. De Pascale ◽

F. Melino ◽

...

Keyword(s):

Natural Gas ◽

Production Process ◽

Heat Recovery ◽

Organic Rankine Cycle ◽

Rankine Cycle ◽

Gas Production ◽

Liquefied Natural Gas ◽

Working Fluid ◽

Energy Market ◽

Natural Gas Production

In the last years, the increased demand of the energy market has led to the increasing penetration of renewable energies in order to achieve the primary energy supply. However, natural gas is expected to still play a key role in the energy market, since its environmental impact is lower than other fossil fuels. It is mainly employed as gaseous fuel for stationary energy generation, but also as liquefied fuel, as an alternative to the diesel fuel, in vehicular applications. Liquefied Natural Gas is currently produced mainly in large plants directly located at the extraction sites and transported by ships or tracks to the final users. In order to avoid costs and environmental related impact, in previous studies Authors developed a new plant configuration for liquefied natural gas production directly at filling stations. One of the main issues of the process is that in various sections the working fluid needs to be cooled by external fluids (such as air for compressor inter and after-cooling or chilling fluids), in order to increase the global performances. As a consequence, an important amount of heat could be potentially recovered from this Liquefied Natural Gas production process. Thus, based on the obtained results, in this study the integration between the liquefaction process and an organic Rankine cycle is proposed. In fact, the heat recovered from the Liquefied Natural Gas production process can be used as hot source within the organic Rankine cycle. The aim of the work is the identification of the optimal integrated configuration, in order to maximize the heat recovery and, as a consequence, to optimize the process efficiency. With this purpose, in this study different configurations — in terms of considered organic fluid, architecture and origin of the recovered heat — have been defined and analyzed by means of a commercial software. This software is able to thermodynamically evaluate the proposed process and had allowed to define the optimal solution.

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SELECTING A LOCATION FOR A LIQUEFIED NATURAL GAS TERMINAL IN THE EASTERN BALTIC SEA

Transport ◽

10.3846/16484142.2014.897996 ◽

2014 ◽

Vol 29 (1) ◽

pp. 69-74 ◽

Cited By ~ 15

Author(s):

Vygantas Bagočius ◽

Edmundas Kazimieras Zavadskas ◽

Zenonas Turskis

Keyword(s):

Natural Gas ◽

Liquefied Natural Gas ◽

Energy Market ◽

Multi Criteria Decision Making ◽

Objective Data ◽

Construction Sites ◽

Expert Opinions ◽

The World ◽

Criteria Weights ◽

Selection Of

Liquefied Natural Gas (LNG) industry is among the fastest growing energy market sectors. The gas terminal in Klaipėda allows Lithuania to import natural gas from various countries around the world. One of the most debatable subjects is the location of the future terminal. The problem pertaining to selection of construction sites for the LNG terminal should be investigated and solved using the set of multiple conflicting criteria. Many researchers argue that similar problems should be solved by applying several different Multi-Criteria Decision-Making (MCDM) methods. The research presents the model for application of three different MCDM methods and aggregation of solution results for the problem, which is based both on different objective data and on investigation of expert opinions for determining subjective criteria weights for the problem.

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A Novel Small Scale Liquefied Natural Gas Production Process at Filling Stations: Thermodynamic Analysis and Parametric Investigation

Volume 9: Oil and Gas Applications; Supercritical CO2 Power Cycles; Wind Energy ◽

10.1115/gt2016-56463 ◽

2016 ◽

Cited By ~ 3

Author(s):

M. A. Ancona ◽

M. Bianchi ◽

L. Branchini ◽

A. De Pascale ◽

F. Melino ◽

...

Keyword(s):

Energy Consumption ◽

Natural Gas ◽

Production Process ◽

Thermodynamic Analysis ◽

Primary Energy ◽

Gas Production ◽

Liquefied Natural Gas ◽

Energy Market ◽

Small Scale ◽

Generation Process

In the last years, the increased demand of the energy market has led to the increasing penetration of renewable energies in order to achieve the primary energy supply. However, simultaneously natural gas still plays a key role in the energy market, mainly as gaseous fuel for stationary energy generation, but also as liquefied fuel, as an alternative to the diesel fuel, in vehicular applications. Liquefied Natural Gas (LNG) is currently produced in large plants directly located at the extraction sites. In this study, the idea of realizing plug & play solutions to produce LNG directly at vehicle’s filling stations has been investigated. A novel process of LNG production for filling stations has been analyzed, consisting in a single stage Joule-Thompson isenthalpic expansion process, with intercooled compression. Furthermore, the presented layout has been developed with the purpose of optimizing the energy consumption of the plant, obtaining moderately pressurized LNG. With the aim of investigating the feasibility of this novel LNG generation process, a thermodynamic analysis has been carried out and presented in this study. Moreover, the minimization of energy consumption has been investigated with a parametric analysis, in order to optimize the LNG production and to maximize the efficiency of the process. Furthermore, novel performance indicators have been defined, in order to account the efficiency of the LNG production process. Results of the optimization analysis show that, with the proposed layout, an energy consumption equal to about 1.9 MJ/kg of produced LNG can be achieved.

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The Prospects for Liquefied Natural Gas in the European Energy Market

10.2118/1108-ms ◽

1965 ◽

Cited By ~ 1

Author(s):

Howard A. McKinley

Keyword(s):

Natural Gas ◽

Liquefied Natural Gas ◽

Energy Market

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Liquefied natural gas as a priority direction for the development of the Russian fuel and energy complex

Voprosy regionalnoj ekonomiki ◽

10.21499/2078-4023-48-3-71-78 ◽

2021 ◽

pp. 71-78

Author(s):

И.В. Стадник

Keyword(s):

Natural Gas ◽

Foreign Market ◽

Domestic Market ◽

Liquefied Natural Gas ◽

New Markets ◽

Natural Gas Market ◽

Energy Complex ◽

Priority Direction ◽

A Priority ◽

Gas Market

С каждым годом рынок сжиженного природного газа стремительно развивается и выходит на новые рынки. Российский СПГ не только реализуется на внешнем рынке, но и преобладает на внутреннем. В стране работают одни из крупнейших в мире заводов по производству СПГ. Россия стремится развивать это направление, планируя занять одно из лидирующих позиций среди стран-производителей сжиженного природного газа. Every year, the liquefied natural gas market is rapidly developing and entering new markets. Russian LNG is not only sold on the foreign market, but also prevails on the domestic market. The country has one of the world's largest LNG production plants. Russia is striving to develop this direction, planning to take one of the leading positions among the countries producing liquefied natural gas.

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