Global LNG Services advances its Main Pass Energy Hub LNG export project
Global LNG Services (GLS) makes significant progress for the Main Pass Energy Hub™ (MPEH) Deepwater Port project, owned by its US subsidiary MPEH LLC and located 16 miles offshore southeast Louisiana in the Gulf of Mexico. Two LIQUI-MAX™ vessels, capable of producing a total of 24 million tonnes per annum of LNG, will be permanently stationed at MPEH.
GLS’ patented LIQUI-MAX™ Vessel design uses all industry standard equipment in a unique configuration, allowing expanded throughput, and results in an unprecedented capex below $400 per tonne of annual liquefaction capacity. GLS’ patented cost advantage enables it to introduce a floating tolling fee model with a floor rate of Henry Hub + 15% +$1.50/MMBtu for pre-processing and liquefaction – and 50/50 sharing of the liquefaction netback value above the $1.50 level.
Gas will be sourced through interstate pipelines and pre-processed onshore in the Louisiana, Mississippi, and Alabama region.
Baker Hughes – a GE Company (BHGE) was selected by GLS for both its technology and extensive experience in LNG equipment and services. The LM9000 gas turbine leverages scale to provide effective LNG solutions, thanks to its higher power output on a smaller footprint, its best-in-class efficiency and the latest Dry Low Emission (DLE) technology. The LM9000 development, led by BHGE, is the latest of a proven legacy of building robust gas turbines from world-class aircraft engines.
“We are pleased that the LM9000 has been selected by GLS for their project and we are confident that this gas turbine, developed leveraging on 30 years of experience in LNG, will serve a next generation of floating LNG plants” said Rod Christie, President and CEO, Turbomachinery & Process Solutions, BHGE.
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.
GasPro 2.0: A Webcast Symposium
The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.
During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.
October 25, 2018 08:30 AM CDT