Technical Description
The two-train LNG plant will have capacity of 6.3 million tonne of LNG per annum. In addition to the gas from the Hides field, potentially gas could be sourced also from the Juha and Angore fields. The pre-FEED study was completed by the end of 2007. The decision to proceed with the Front End Engineering Design (FEED) will be made at the end of March or early April 2008. The FEED most likely would be prepared by KBR. The final investment decisions should be made in 2009. The plant is expected to be commissioned by 2013 and it is expected to cost US$9.5 billion, of which the development of the Hides, Juha and Angore gas fields together with a pipeline to the coast may cost US$5 billion, while the LNG plant could cost US$4.5 billion.
Read more about this topic: PNG Gas
Famous quotes containing the words technical and/or description:
“The axioms of physics translate the laws of ethics. Thus, “the whole is greater than its part;” “reaction is equal to action;” “the smallest weight may be made to lift the greatest, the difference of weight being compensated by time;” and many the like propositions, which have an ethical as well as physical sense. These propositions have a much more extensive and universal sense when applied to human life, than when confined to technical use.”
—Ralph Waldo Emerson (1803–1882)
“Once a child has demonstrated his capacity for independent functioning in any area, his lapses into dependent behavior, even though temporary, make the mother feel that she is being taken advantage of....What only yesterday was a description of the child’s stage in life has become an indictment, a judgment.”
—Elaine Heffner (20th century)