Maximizing Benefits in Selection of Gas Monetization Methodology: Fixed FLNG

摘要

When Shell announced FID of the Prelude FLNG project, even uncertainties havernnot been totally cleared up, it is true to get a bright picture in developing stranded wells,rnwhich cannot be economically commercialized with the conventional developmentrnmethodology. However, there are key concerns affecting decision process of an FLNGrnproject development. These may include reserve size with its characteristics (location,rnwater depth, gas to liquid ratio, etc.), technical/commercial risks involved in entire rangesrnof the project development from evaluating to execution stage.rnThis paper presents selection criteria and process of natural gas developmentrnoptions in conjunction with technical & commercial issues and risks in developing either arnconventional LNG plant or an FLNG option. Newly transformed Fixed FLNG options havernbeen proposed for developing an LNG value chain in areas of environmentally sensitive,rnremote fields, extremely high labor cost countries, and labor forces shortage areas.