Liquefied Natural Gas (Lng) Is Natural Gas That Has Been Condensed to a Liquid State, Which Occurs at a Temperature Close to –160 °C at Atmospheric Pressure. Lng Teminals Have Four Major Functions: * Receiving and

6213 Words Feb 17th, 2015 25 Pages
Group Project Progress Report

Title of the Project: Study and analysis of LNG value chain

Group Members: Signatures
1. Anjali Singh (20141006)
2. Bhaumik Gandhi (20141011)
3. Parth Parekh (20141045)
4. Poras Shah (20141049)

Faculty Mentor: Prof. Sudhir Yadav

Mentor’s Comments on Progress:

Mentor’s Signature with date:

INDEX Sr.No. | Topics | | 1. | Introduction | | 2. | Exploration | | | 1.1 Onshore seismology | | | 1.2 Offshore seismology | | | 1.3 Megnatometer | | | 1.4 Gravitimeter | | | 1.5 The drilling and completion process | | | 1.6 Types of drilling | | | 1.7 Risk anaylisis during exploration | | | 1.8 Key challenges | | |
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The costs, supply reliability and process safety are the key issues for the gas supply in the future. The demand on gas supply costs requires continuous efforts at optimizing the LNG supply chain efficiency and enhanced utilization of the available energy.

Liquefied Natural Gas (LNG) is natural Gas that has been condensed to a liquid state, which occurs at a temperature close to –160 °C at atmospheric pressure.
LNG teminals have four major functions: * Receiving and unloading cargos from LNG tankers * Storing LNG in cryogenic tanks * Regasifying LNG (using vaporisers or other regasification systems) * Feeding gas into pipelines for distribution.
The main objectives of our project is to describe the LNG value chain based on technological aspects. Also this report will try to suggest the solution to the issues related to LNG value chain.

INTRODUCTION
Natural gas comes from reservoirs beneath the earth’s surface. It may occur naturally or produced by itself (non-associated gas), sometimes it comes to the surface with crude oil (associated gas), and sometimes it is being produced constantly such as in landfill gas. Natural gas is a fossil fuel, it is derived from organic material deposited and buried in the earth millions of years ago. Other fossil fuels are coal and crude oil. Together crude oil and gas constitute a type of fossil fuel known as “hydrocarbons” because the molecules in

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