USA LNG Profile picture
Sep 24, 2022 3 tweets 1 min read Read on X
Let's look at Tellurian's EnSight acquisition numbers.

It is $125 mm cash for an asset that produces 16 bcf/yr for 6 1/2 years until it hits the proved reserve number of 108 bcf. Image
If one pays $125 mm for a gas asset that produces 16 bcf/yr for 6 1/2 years, then how much does one have to pay for buying gas assets that will produce 550 bcf/yr require to produce 11 MTPA for 30 years, the design life of the plant?
Is integrated upstream model for LNG really all that lucrative?

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More from @usalng

Apr 4, 2023
🌐 Challenges in Competitive Bidding for LNG Liquefaction Projects

🔖 Navigating the complex world of competitive bidding in the LNG industry 1/12
🧵Introduction:
Competitive bidding in LNG liquefaction projects comes with a unique set of challenges.

This thread aims to discuss the hurdles in selecting a competitive bidder.

#LNG #CompetitiveBidding 2/12
🧵Expecting the Right Amount of FEED Deliverables:
Different contractors provide varying levels of deliverables, often citing budget constraints.

Evaluating competitive bids becomes the responsibility of the owner team, making comparisons difficult.
#FEEDDeliverables 3/12
Read 13 tweets
Apr 3, 2023
🚀 LNG Train Sizing: A Comparative Analysis! Tweet 1 of 6

In this thread, we'll compare individual #LNG train sizes across different scales based on various criteria grouped under four themes.

📚Our criteria are grouped into the following themes:

Theme 1️⃣ Project Economics 💰- CAPEX, OPEX, financing options

Theme 2️⃣ Project Development 🛠️ - Technology, contractors, fabrication, complexity, duration, permitting, regulation

Theme 3️⃣ Operations & Logistics 🚢 - Workforce, infrastructure, energy efficiency, scalability, expansion

Theme 4️⃣ Market & Supply Chain 🌐 - Feed gas supply, pipeline access, off-take agreements, flexibility

🔍We'll explore:

✅ Small-scale LNG trains (<0.5 MTPA)

✅ Mid-scale LNG trains (0.5-1 MTPA)

✅ Large-scale LNG trains:
a (1-3 MTPA)
b (3-5 MTPA)
c (5-8 MTPA)

Note: We're talking about individual train capacities, NOT the total export capacity of a LNG plant complex.🌏🏭

Here is the structure of this thread:

Tweet 1 of 6: Introduction 🌏🏭
An overview of our comparative analysis on individual LNG train sizes and the thread's structure (This tweet).

Tweet 2 of 6: Project Economics 💰
Exploring the financial aspects of different LNG train sizes, focusing on

1️⃣ Capital Expenditure (CAPEX)

2️⃣ Operational Expenditure (OPEX)

3️⃣ Financing options

Tweet 3 of 6: Project Development 🛠️
Exploring the Project Development aspects of different LNG train sizes comparing

1️⃣ Technology availability

2️⃣ Contractor selection

3️⃣ Fabrication methods

4️⃣ Project complexity

5️⃣ Construction duration

6️⃣ Permitting and regulatory requirements

Tweet 4 of 6: Operations & Logistics 🚢
Exploring the Operations & Logistics aspects of different LNG train sizes evaluating

1️⃣ Workforce requirements

2️⃣ Infrastructure needs

3️⃣ Energy efficiency

4️⃣ Scalability & Expansion potential

Tweet 5 of 6: Market & Supply Chain 🌐
Exploring the Market & Supply Chain aspects of different LNG train sizes Assessing

1️⃣ Feed gas supply

2️⃣ Pipeline access

3️⃣ Off-take agreements

4️⃣ Market flexibility and adaptability

Tweet 6 of 6: Summary and Key Takeaways 📝🔑
Concluding the series by highlighting the most significant insights and takeaways from the comparisons made in the previous tweets.

That's it for the introduction! 🎉

#LNG #LNGTrains #ProjectEconomics
#ProjectDevelopment #OperationsAndLogistics #LNGTrains #MarketAndSupplyChain #EnergyIndustry #StayTuned
🚀Tweet 2 of 6: Project Economics 💰

Comparing financial aspects

Project Economics 💰
1️⃣ Capital Expenditure (CAPEX)

2️⃣ Operational Expenditure (OPEX)

3️⃣ Financing options

of different LNG train sizes:

✅ Small-scale LNG trains (<0.5 MTPA)

✅ Mid-scale LNG trains (0.5-1 MTPA)

✅ Large-scale LNG trains:

a (1-3 MTPA)
b (3-5 MTPA)
c (5-8 MTPA)

1️⃣ CAPEX Comparison

🔹Small-scale: Lower upfront capital costs, higher costs per ton (economies of scale)

🔹Mid-scale: Moderate upfront capital costs, improved cost efficiency

🔹Large-scale:

1-3 MTPA: Increased initial investment, lower per-ton costs (economies of scale)

3-5 MTPA: Even higher initial investment, further economies of scale benefits

5-8 MTPA: Largest upfront capital requirements, greatest economies of scale

2️⃣ OPEX Comparison

🔹Small-scale: Higher operating costs per ton (less efficient processes, lower output)

🔹Mid-scale: Lower operating costs per ton (improved efficiencies, higher production volumes)

🔹Large-scale:

1-3 MTPA: Even lower operating costs per ton

3-5 MTPA: Greater cost efficiency due to economies of scale

5-8 MTPA: Optimal cost efficiency

3️⃣ Financing Options

🔹Small-scale & mid-scale: More accessible financing (lower capital requirements)

🔹Large-scale (1-3, 3-5, 5-8 MTPA): More complex financing, may require involvement from multiple stakeholders (governments, international financing institutions)

In summary, project economics vary greatly across LNG train sizes, with larger trains offering better economies of scale, but also higher upfront costs.

Finance options, risks, and returns depend on the specific size and market.

#LNGTrains #ProjectEconomics, #LNG
🚀Tweet 3 of 6: Project Development 🛠️
Comparing project development aspects

Project Development 🛠️
1️⃣ Technology availability

2️⃣ Contractor selection

3️⃣ Fabrication methods

4️⃣ Project complexity

5️⃣ Construction duration

6️⃣ Permitting and regulatory requirements

of different LNG train sizes:

✅ Small-scale LNG trains (<0.5 MTPA)

✅ Mid-scale LNG trains (0.5-1 MTPA)

✅ Large-scale LNG trains:
a (1-3 MTPA)
b (3-5 MTPA)
c (5-8 MTPA)

1️⃣ Technology Availability

🔹Small-scale (<0.5 MTPA): Limited options, suitable for niche markets

🔹Mid-scale (0.5-1 MTPA): A broader range of technologies, better fit for various applications

🔹Large-scale:
1-3 MTPA: Good technology options, some custom solutions

3-5 MTPA: Wide range of technologies, advanced solutions

5-8 MTPA: State-of-the-art technology offerings, the highest level of customization

2️⃣ Contractor Selection

🔹Small-scale (<0.5 MTPA): Local or regional contractors

🔹Mid-scale (0.5-1 MTPA): Greater choice of experienced contractors

🔹Large-scale:
1-3 MTPA: Selection of well-established EPC contractors

3-5 MTPA: Top-tier EPC contractors, global expertise

5-8 MTPA: Industry-leading EPC contractors, extensive project portfolios

3️⃣ Fabrication Methods

🔹Small-scale (<0.5 MTPA): Modular or stick-built, simpler designs

🔹Mid-scale (0.5-1 MTPA): Modular, stick-built, or hybrid
🔹Large-scale:
1-3 MTPA: More complex designs, often requiring custom engineering
3-5 MTPA: Advanced fabrication methods, tailored to project needs

5-8 MTPA: Highly complex designs, cutting-edge fabrication techniques

4️⃣ Project Complexity

🔹Small-scale (<0.5 MTPA): Lower complexity

🔹Mid-scale (0.5-1 MTPA): Moderate complexity

🔹Large-scale:

1-3 MTPA: Higher complexity, more demanding project management
3-5 MTPA: Increased complexity, advanced project management strategies

5-8 MTPA: Most complex projects, requiring top-level expertise in project execution

5️⃣ Construction Duration

🔹Small-scale (<0.5 MTPA): Shortest construction time

🔹Mid-scale (0.5-1 MTPA): Longer construction time compared to small-scale

🔹Large-scale:

1-3 MTPA: Extended construction duration, more detailed planning required

3-5 MTPA: Lengthy construction timelines, high level of coordination

5-8 MTPA: Longest construction times, most complex project execution

6️⃣ Permitting/Regulatory Requirements

🔹Small-scale (<0.5 MTPA): Easiest permitting process, fewer regulatory hurdles

🔹Mid-scale (0.5-1 MTPA): Moderate permitting complexity, additional regulatory requirements

🔹Large-scale:

1-3 MTPA: Complex permitting, increased regulatory scrutiny
3-5 MTPA: More stringent permitting requirements, extensive regulatory oversight

5-8 MTPA: Most challenging permitting processes, the highest level of regulatory compliance

Overall, project development complexity increases with the size of the LNG train.

Smaller trains have more available technology options and shorter construction times, while larger trains require more specialized expertise and longer timelines.

#LNGTrains #ProjectDevelopment
Read 6 tweets
Mar 31, 2023
🚀🌐 LNG Liquefaction Project Management Series 🌐🚀

📚 Identifying Lessons Learned in Interface Management for LNG Liquefaction Project

🔍 Spotlight on Identifying Lessons Learned

"Learn from Experience: Reflect, Analyze, Apply" 💪🌐🚀

1/7
🌟 Identifying lessons learned is essential for continuous improvement in LNG projects! 🌟

Why?🤔

🎯 Benefits of Identifying Lessons Learned
🔸 Improved project performance 📈
🔸 Enhanced risk management 🛡️
🔸 Strengthened teamwork & communication 🤝
#LessonsLearned 2/7
Best Practices

✅ Conduct workshops to share lessons learned and best practices related to interface management 🎓
✅ Gather lessons from outside sources and the project's own experiences for continuous improvement 🔄
✅ Document & share findings 📚 3/7
Read 8 tweets
Mar 31, 2023
🚀🌐 LNG Liquefaction Project Management Series 🌐🚀

👩‍🏫 Spotlight on Training of Stakeholders on Interface Management Plan for LNG Liquefaction Project

"Unlock LNG Project Potential: Interface Training, Empowerment, Success" 💪🌐🚀

1/12
🌟 Training stakeholders on Interface Management Plan is crucial for LNG project success! 🌟 2/12
Why?🤔
🎯 Benefits of Interface Management Plan Training

🔸 Effective use of interface software 🖥️
🔸 Engaged participation in meetings 🗣️
🔸 Clear understanding of roles & responsibilities 🎯
🔸 Efficient interface scheduling 🗓️
#InterfaceManagementTraining 3/12
Read 13 tweets
Mar 31, 2023
🚀🌐 LNG Liquefaction Project Management Series 🌐🚀

📊 🔍 Spotlight on Monitoring of Interface Management Plan for LNG Liquefaction Project

"Maximize LNG Project Success: Monitor, Analyze, Enhance" 💪🌐🚀

1/12
🌟 Regular monitoring of the Interface Management Plan is essential for LNG project success! 🌟 2/12
Why?🤔
🎯 Advantages of Monitoring Interface Management Plan
🔸 Improved project control 🎮
🔸 Timely identification of issues 🚩
🔸 Data-driven decision-making 📈
🔸 Continuous improvement 🔄
#PerformanceMonitoring 3/12
Read 13 tweets
Mar 31, 2023
🚀🌐 LNG Liquefaction Project Management Series 🌐🚀

🖥️ Selection and Implementation of Interface Management Software for LNG Liquefaction Project

🔍 Spotlight on Picking the Right Tool & Smooth Adoption

1/11
"Boost LNG Project Efficiency: Select, Implement, Optimize" 💪🌐🚀

🌟 Picking the right interface management software is key for efficient LNG project execution! 🌟 2/11
Why?🤔

🎯 Benefits of Selecting the Right Interface Management Software
🔸 Streamlined collaboration 🤝
🔸 Enhanced visibility 👁️
🔸 Optimized workflows 🔄
🔸 Improved risk mitigation 🛡️
#InterfaceManagementSoftware 3/11
Read 12 tweets

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