Demand for LNG trading has increased dramatically over the last decade. From 2009 to 2018, there have been 184 more trading routes and an additional 20 importing countries; this means populations are demanding more energy and customer diversity is increasing. The largest exporters globally are Qatar, Australia, USA, Russia and Malaysia, accounting for more than half of the world’s export in 2019. LNG export from developing countries paves the way for a stronger local economy and sustainable development.
Large-scale export facilities are normally located in the vicinity of the liquefaction plant and are built to accommodate the largest of LNG carriers, such as Q-Max, thereby forcing a fixed infrastructure size for the berthing of the vessels and loading of LNG or other liquid.
In recent times, with increasing interests in small-scale LNG and other liquid types, these large-scale export facilities have had to overcome the challenge of accommodating smaller carrier vessels with a capacity 1,000 - 40,000 m3 by investing large amounts of capital into building dedicated berths.
For greenfield terminals, a multi-purpose solution would be necessary in order to cover the full range in vessel sizes, resulting in increased infrastructure complexity, investment required, time to construct, and investment risk based on the added complexity of considering several energy value chains.
Large-scale export, nearshore
A jettyless system requires only a small footprint and can hence be installed at existing and congested ports to increase export volume.
Since the system can be pre-fabricated, the solution is relatively fast compared to building a new jetty.
Very limited interaction with existing facilities so the terminal can operate as normal.
For distances greater than 800m from shore, the IQuay can be combined with a subsea installation which will transport the LNG or other liquid back to shore.
Suitable for areas where access to ports is limited or not possible.
To achieve favourable economics for small-scale routing, one must consider the maritime inventory routing combined with several additional elements, such as variable production, consumption rates and port terminal limitations.
Often, smaller carriers are unable to moor and receive loads from terminals that were once designed for large carriers.
The IQuay gives large-scale import terminals additional market flexibility within export; the plug-and-play attributes of the jettyless system allow import terminals to easily serve their small-scale customers with minimal disruption to their ongoing operations.
A selection of our customers and industry partners
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ECONNECT Energy was born from first-hand experience with 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, which is expensive and damaging to coastal areas, can be eliminated with ECONNECT’s floating jettyless transfer solution.