EGYPT’S PREMIER LNG PROJECT ESTABLISHES NEW INDUSTRY BENCHMARKS

摘要

When the Union Fenosa Gas LNG project comes on stream it will not only be the first LNG project in Egypt but it will also be the largest capacity single LNG train facility ever built, having a capacity of approximately 5 MTPA. This LNG project will be producing LNG by the end of 2004, a mere 4½ years after its initial concept. The 4½ year period from concept to production is two years shorter, a 30% reduction, from the previous industry benchmark and a fraction of the industry norm. This LNG project is the first to be sanctioned and financed by a company outside the established international oil and gas community. This project will be the first base load LNG plant to process a feed gas from a national grid that has already been treated upstream in LPG plants or in onshore condensate removal facilities. The facility is totally self-contained and located at a greenfield site on the Mediterranean coast at the port of Damietta. rnThis paper addresses the current status of Egypt’s premier LNG project and key success factors including: rn1. Union Fenosa Gas as both the producer and main buyer of the LNG rn2. Technology selection • Design competition rn3. Largest single LNG train capacity rn4. Economies of scale ($/tpa) rn5.1 Short front end lead time and EPC schedule rn6.1 Early procurement of long lead equipment such as gas turbines, refrigerant compressors, LNG storage tanks, and spiral wound heat exchanger rn7.1 Selection of cooling medium (air cooled plant) rn8.1 Optimisation of the liquefaction process to maximise LNG production based on a Split MRTM cycle with two Frame 7 gas turbine drivers, helper motors, and liquid expanders