A shift from oil to gas is necessary for a greener future. Gas is increasingly attractive for its low carbon emissions, low sulfur content, high energy density and availability. While many carbon-based fuels have faced declining demands in recent years, liquified natural gas (LNG) is globally one of the fastest growing fuels today.
ECONNECT Energy in partnership with Equinor conducted a physical wave operation to demonstrate the safe connection in waves, between the IQuay jettyless transfer system, La Santa Maria, to an Equinor-chartered gas carrier. The operation demonstrated the ability of the IQuay to withstand challenging weather without compromising safe and effective operations. The full-scale operation measured both the performance of the vacuum attachment system and the IQuay motion in waves, as well as a towing operation in significant swell.
The United Nations 2030 Agenda for Sustainable Development, with its 17 Sustainable Development Goals (SDGs), and the Paris Agreement on climate change provide a pathway for a more prosperous, equitable and sustainable future for people and the planet. Answering the call of the SDGs has never been more urgent. Luckily, recent trends have de-mystified both understanding and achieving the SDGs for the private sector.
Liquefied natural gas must be regasified to be used as fuel, power generation, for heating, cooking etc.. This process can be done in different ways, which is explained in the article.
Innovation keeps the LNG world in constant motion. This article discusses how and why we can expect LNG infrastructure and technology to change in the future.
Knowledge of the economics of the LNG value chain is key to effectively manage financial risk in LNG projects. LNG is now so cheap that incentives for fuel-switching are no longer on the critical line to secure future adoption of natural gas from coal and oil. Nevertheless, adequate allocation of volumes and the establishment of associated agreements between suppliers, buyers and other relevant stakeholders needs to be configured in a manner favoring natural gas in the long run.
Here we will discuss the most traditional methods of transferring LNG and other fluids from ship to shore, comparing it to floating jettyless transfer systems.
This article explains some of the key aspects of transporting LNG by ship.
Natural gas needs to be liquefied at an LNG plant in order to be shipped. This article explains how this key link in the LNG value chain works.
A jetty often serves as the marine infrastructure of an LNG terminal. Below, follows a breakdown of the different components and aspects of constructing an LNG jetty.
The LNG industry needs to keep evolving to keep up with competing energy sources. Floating LNG transfer systems can enable new energy markets. We explore the import infrastructure available along South Africa’s coastline and how improvements can be made to strengthen the country’s energy industry.
In 2017 ECONNECT Energy (then Connect LNG) and Naturgy Energy Group S.A. (then Gas Natural Fenosa) made history with the world's first transfer of LNG with the IQuay jettyless transfer system.
In recent years the excess supply of LNG, deregulation of markets, new hub-based pricing structures and technological developments have resulted in the emergence of new and complex trading patterns being driven by a dynamically changing global market that is also opening emerging new opportunities.
Indonesia is the largest archipelago in the world, with a population of over 250 million, where the majority is located on five major islands and about 30 smaller groups. The nation is the largest energy consumer in the Association of Southeast Asian Nations (ASEAN), accounting for more than 36% of the region's energy demand.
In 2017 ECONNECT Energy (then Connect LNG) and Naturgy Energy Group S.A. (then Gas Natural Fenosa) made history with the world's first transfer of jettyless LNG.
Naturgy's goal is to enable the rapid expansion of the LNG value chain to support emerging markets and developing countries where population growth has meant a vast demand increase in power.
ECONNECT Energy was founded to address the challenges and inefficiencies of traditional LNG offloading methods from ship to shore. Our core offerings remove the need for fixed and permanent infrastructure, such as quays, jetties, trestle structures and loading platforms.
Dredging and marine construction, which are both expensive and damaging to coastal areas, can be eliminated with ECONNECT Energy’s floating jettyless transfer solution.
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