LNG Import Terminal Development & Option Selection

Introduction

Natural gas is rapidly being adopted as the fuel of choice for the 21st Century. Readily transported in the form of LNG, market demand for this product across the world is growing fast. LNG Import Terminals are typically located near major population centers leading to a growing tension between the desire for its beneficial qualities (clean, relatively inexpensive and easily transported) and a public perception of LNG as a ‘dangerous’ product. The public at large generally wish to enjoy the benefits of this product but without exposure to its perceived hazards. The LNG Import Terminal is a key element of the LNG supply chain for importing this valuable energy source and selecting the optimal LNG Import Terminal solution is critical for delivering a safe, reliable and cost-effective long-term solution.

This LNG Import Terminal Development & Option Selection training course provides a systematic and robust approach to Identifying, Screening, Selecting and Defining the optimal LNG Import Terminal solution based on criteria specific to the project in terms of Safety, Technical, Commercial and Project Execution factors. Having a systematic approach to select the optimal solution will substantially reduce risks during subsequent development phases of the project including Permitting, EPC, Installation, Commissioning and Operation. This training course is essential in systematically selecting the optimal LNG Import Terminal solution and avoid potential design recycling, project development delays and cost overruns.

This GLOMACS LNG Import Terminal Development & Option Selection training course will highlight:

• Key Drivers for Importing LNG
• LNG Terminal Development Options
• LNG Terminal Option Screening System
• Identifying and Applying Option Selection Criteria
• Defining the Optimal LNG Terminal Solution

Objectives

At the end of this LNG Import Terminal Development & Option Selection training course, you will learn to:

• Understand Key Drivers for an LNG Import Terminal
• Identify Potential LNG Import Terminal Options
• Determine the Key Option Selection Criteria for an LNG Import Terminal
• Systematically Analyze the Potential LNG Import Terminal Options
• Define the Optimal LNG Import Terminal Solution to next stage of development

Training Methodology

This 5-day training course on LNG Import Terminal Development & Option Selection will use presentations to share the LNG Import Terminal options, key drivers, criteria and the recommended option selection methodology / system. Numerous case studies and examples will be shared, and interactive workshops will be used to ensure knowledge from the training course is retained and used.

Question and answer sessions along with group discussions will allow delegates to ask questions and share their own experiences.

Organisational Impact

Determining the optimal solution for an LNG Import Terminal is critical can be a daunting and long-winded task if not approached systematically.

A development project requires critical and time sensitive corporate level decisions to be made early to determine for example whether to proceed with a project or not. The quality of decisions made at this stage is critical for the success of developers and stakeholders.

However, at this early stage very little project specific information is available to fully review potential options and a systematic approach is highly beneficial to:

• Quickly identify potential development options
• Determine key criteria and drivers to compare and select the optimal solution
• Define the optimal solution to a sufficient level to identify and manage potential risks
• Develop a high probability LNG Import Terminal development strategy
• Give a high level of confidence for the potential of a project to stakeholders and potential partners / investors

Personal Impact

As a result of attending this LNG Import Terminal Development & Option Selection training course, you will gain:

• An excellent understanding of potential LNG Import Terminal options
• Enhance your knowledge of key criteria and drivers to analyze and select optimal LNG Import Terminals
• Gain valuable knowledge of systematic decision-making tools for selecting an optimal LNG Import Terminal based on limited information
• Influence and support critical corporate level decisions related to LNG Import Terminals
• Speak knowledgeably about LNG Import Terminals and the factors that influence key decisions