Marine CNG as a Viable Small Field Development Strategy.
-
Upload
tatum-dobb -
Category
Documents
-
view
218 -
download
0
Transcript of Marine CNG as a Viable Small Field Development Strategy.
Centre for Marine CNG Inc.
• Newfoundland’s only R&D company exclusively dedicated to the oil & gas industry
• Independent corporation• Global focus on the efficient, safe and
competitive transportation, storage, handling and usage of compressed natural gas
• Facilitating the development of a new technology
Our Team and Alliances
• Craig Young, P.Eng. – Operations Manager
• Stephen Duffett, B.Comm. – Business Advisor
• Heather Tucker – Office Coordinator
• John Melville – Offshore Systems Consultant
• Craig Ivany – Laboratory Supervisor
• Dr. Majid Abdi, P.Eng. – Senior Research Consultant (Process)
• Dr. Brian Veitch, P.Eng. – Senior Research Advisor (Marine)
• Mr. Biswanath Saha – Researcher (Chemical Engineering)
• Mr. Esam Jassim – Researcher (Mechanical Engineering)
• Ms. Erika Beronich – Researcher (Chemical Engineering)
• Michael Hanrahan – Managing Director
Our Board of Directors
• Dr. Chris Loomis – Chair - VP Research, Memorial University
• Mr. Bill Sember – Vice Chair – President, ABS
• Mr. Gunther Baumgartner – Treasurer – President, North Atlantic
• Dr. Bill Pike – Editor in Chief, Hart Energy Publishing
• Mr. John O’Dea – Secretary – Partner, McInnis Cooper
• Mr. Mark Richards – Versa Power
• Mr. Brian Condon – ADM, Department of Natural Resources
• Dr. Ray Gosine – Memorial University
• Dr. Jim Wright – Memorial University
• Mr. Ruud Zoon – Vice President, Husky Energy
• Mr. Andy Noseworthy – Government of Canada
• Mr. Michael Hanrahan – Managing Director
Commercial Projects
1. Preparation of the technical specifications for bid documents and participation on the technical review committee (Asia)
2. Preparation of a regulatory review road map and associated timeline for a natural gas producer (North America)
3. Analysis of gas behaviour for a marine CNG proponent (Central America)
4. Report on marine CNG technology and status of industry (South America)
5. Report on marine CNG technology and status of industry (South Africa)
6. Cost and economic evaluation of the feasibility of CNG trucking (West Africa)
Fewer Assets - Transferable Assets
Delivery Chain Capital Cost Comparison ($US millions)(Source - Wood Mackenzie)
LNG CNG
Gathering system / Liquefaction / Storage / Jetty
$3,000 $100
Loading Buoy(s) $0 $50
Ship(s) $440 $900
Unloading Jetty / Storage / Regas $500 $100
Unloading Buoy(s) $0 $50
Total Capital Cost $3,920 $1,200
SIGALPHA - 1965
• Columbia Gas commissioned first CNG ship• “Bottle-type”• Tested around New York Harbor• Two major constraints:
– ASME standards drove cost of steel pressure vessels too high;
– Natural gas traded at $0.60 and trended downward
Columbia Gas
CNG Projects
• Tanzania to Kenya– Proponent – Artumas Group Inc.– Status – awarded FEED to TransCanada in April
CDTech Example
Gasoline desulphurization technology Unproven at commercial scale (c1999) Canada’s largest refiner invest in technology to
meet statutory requirements for low sulphur
Why? The technology proponent presented creative
commercial terms