Project Name: Establishment of one 500 tons/day small- scale LNG Plant at Kokori, Delta State
Project Name: Establishment of one 500 tons/day small- scale LNG Plant at Kokori, Delta State
Target Market: Domestic – We are already discussing with potential off takers in Port Harcourt, Onitsha and Benin. That possess the capacity to purchase the daily production from the proposed plant
Basis of Design: To liquify and monetize flared/captive Natural Gas
Estimated yield from processing of 33MMscf/day is as follows:
Estimated yield from processing of 33MMscf/day is as follows:
PRODUCT YIELD (Tons/Day)
LNG 500
LPG 90
PROPANE 120
CONDENSATE 360 Barrels
Power Requirement 6MMscf/day
LNG to be moved by road in double hulled vacuum insulated cryogenic tanks.
LNG to be moved by road in double hulled vacuum insulated cryogenic tanks.
Four Safety provisions applies to this project
Four Safety provisions applies to this project
Primary containment
Secondary containment
Safeguard systems
Separation distance
We are discussing with reputable international small LNG equipment providers with proven track record e.g General Electric, Chart LNG, Siemens etc.
We are discussing with reputable international small LNG equipment providers with proven track record e.g General Electric, Chart LNG, Siemens etc.
GE. is a cryogenic plant manufacturer, specializing in the design, engineering, and production of skid mounted Liquefied Natural Gas (LNG) plants.
GE. is a cryogenic plant manufacturer, specializing in the design, engineering, and production of skid mounted Liquefied Natural Gas (LNG) plants.
In Nigeria GE has built to its credit a small LNG plant in Port Harcourt of the same capacity as our proposed plant. Aside Nigeria GE has built more than 29 mini and small LNG plants all over the world.
Total staff strength of 310 of which 140 will be tanker drivers while the rest are management, plant operators, maintenance, health, safety, security and administrative staff.
Total staff strength of 310 of which 140 will be tanker drivers while the rest are management, plant operators, maintenance, health, safety, security and administrative staff.
Total sum required for the project = $150 million this includes cost of the plant, and delivery trucks.
Total sum required for the project = $150 million this includes cost of the plant, and delivery trucks.
Following projections show positive pre-tax returns for a 33mmscfd plant
SALES
Qty
Unit
Rate(USD)
Amt/day(USD)
LNG
500
Ton
375
187,500
61,875,000
LPG
90
Ton
40
3,600
1,188,000
Condensate
360
bbls
50
18,000
5,940,000
Total/day
209,100
Total/year
69,003,000
COSTS
Natural Gas
33000
mscf
2
66,000
21,780,000
Opex/Consumables
33000
0.5
16,500
5,445,000
82,500
Total/year
27,225,000
41,778,000
The plant modules will be sourced abroad. assembling of modules to be done by a joint effort between Nigerians and expatriates. Access road at location, site preparation and hard stand will be handled by Nigerians.
The plant modules will be sourced abroad. assembling of modules to be done by a joint effort between Nigerians and expatriates. Access road at location, site preparation and hard stand will be handled by Nigerians.
Plant to be run by equipment supplier with Nigerians to understudy for at most five years with Nigerians fully taking over at the expiration of their contract.
Mixed refrigerant – Single mixed refrigerant (SMR) utilizing a cocktail of nitrogen and hydrocarbons that cool the natural gas. To be adopted, since it has higher efficiency (40%) and lower operating cost than EXP
US CODE OF FEDERAL REGULATION (CFR) PART 193
US CODE OF FEDERAL REGULATION (CFR) PART 193
NFPA 59A
EUROPE STANDARD EN 1473
EEMUA U.K. (ENGINEERING EQUIPMENT AND MATERIALS USERS ASSOCIATION) 14743
