LNG INFRASTRUCTURE

LNG INFRASTRUCTURE

IEP has previously worked on decarbonization efforts in different parts of the LNG process, where CO₂ was captured. Due to the large amounts of capital needed to fund LNG projects, there can be multiple ownership holders. The liquidity of the LNG market is very important for storage and pipeline companies. IEP sees a need for more collaboration with upstream producers in the marketplace. LNG operators and the parties that construct these projects also find it increasingly important to reduce carbon emissions.

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The world's first offshore CO₂ injection project was done through liquefaction. IEP engineers designed and implemented the 1st offshore CO₂ flood at Quarantine Bay, Louisiana. In the early 1980s, CO₂ was liquefied and shipped to an offshore platform, and then compressed and injected into a Miocene reservoir. IEP sees many similarities in the LNG projects constructed along the Gulf Coast and also in Australia. Large amounts of capital are required in constructing LNG projects as compression and large commercial-size dehydration facilities are being built to accommodate the large volumes of upstream gas.

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​The carbon capture components of CO₂ recycling facilities and LNG are very similar. Supercritical CO₂ is easily transported because it flows like gas but requires less storage volume as it is dense like liquid. It is important to consider corrosion-resistant alloys. IEP saw corrosion as an inherent problem in CO₂ recycling facilities and similarly in the construction of LNG facilities. There are some operational problems that IEP sees in CO₂ recycling facilities that are also seen in LNG facilities. Large amounts of capital are being spent on the construction of LNG Infrastructure. IEP sees the use of similar design considerations.