Democratizing LNG - AG&Pagp.ph/pdf/Events/Gas_Asia_Summit_Workshop_October_28.pdfDemocratizing LNG...

Democratizing LNG

GAS SUMMIT, SINGAPORE

Lowering the cost of small- and mid-scale LNG distribution within the ASEAN region

Friday, October 28, 2016

International Enterprise Singapore

2

Agenda

Agenda Item Lead

WelcomeMr. Law Chung MingGroup Director, International Enterprise Singapore

Opening remarksMr. Derek ThomasAG&P

Democratizing LNGMr. Derek ThomasHead – Advanced Research & Development Unit, AG&P

Small-scale LNG supply chain optimizationMr. Stephane MaillardGeneral Manager, GTT Southeast Asia

LNG innovation in actionMr. Brandon ShinGeneral Manager, GAS Entec Co. Ltd.

Flexible LNG transferMr. James HermaryHead, Research & Development, Trelleborg Fluid Handling Solutions

Innovative and cost effective mooring and transfer solutionsMr. Ron Heffron, P.E.Vice President / Energy Practice Leader, Moffatt & Nichol

Panel discussionMs. Maggie KuangSenior LNG Analyst, Bloomberg New Energy Finance, Singapore

Closing RemarksMr. Derek ThomasAG&P

Democratizing LNG

Integrating design, construction, delivery and financing of the virtual LNG network

Derek Thomas

Democratizing LNG:Lowering the cost of small- and mid-scale LNG solutions

Derek Thomas, Head of Advanced Research UnitAG&P

DisclaimerThis document has been prepared by AGP International Holdings Ltd. (the “Company”). This document is being presented to you solely for your information and

may not be reproduced, redistributed or passed on, directly or indirectly, to any other person (including journalists) or published, in whole or in part, for any purpose.

By accepting this document, you agree to keep secret and absolutely confidential the document itself and the information contained herein. This document does not

constitute a prospectus, information memorandum or other offering document in whole or in part.

No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, reliability, completeness or

correctness of the information or opinions contained herein. The information contained in this document may not contain all of the information you may consider

material. It is not the intention to provide, and you may not rely on this document as providing, a complete or comprehensive description of the financial or trading

position or prospects of the Company, its subsidiaries and associated companies (collectively, the “Group”). The information contained in these materials is provided

as at the date of the presentation, should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to

reflect material developments which may occur after the date of the presentation. Neither the Company, any other member of the Group, any involved investment

banks nor their respective directors, officers, employees, affiliates, advisers or representatives shall have any responsibility or liability whatsoever (in negligence or

otherwise) for any cost, loss, damage or expense howsoever arising from any use of this document or its contents or otherwise arising in connection with the

document.

Certain statements contained in this document may be statements of future expectations and other forward-looking statements that are based on third party sources

and involve known and unknown risks, assumptions, uncertainties and other factors that may cause the actual results, performance and financial condition of the

Group, or industry results, to be materially different from any future results, performance or financial condition, expressed or implied by such forward-looking

statements. Forward-looking statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or

activities will continue in the future. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future events

or otherwise. No assurance can be given that future events will occur, that projections will be achieved, or that the assumptions contained herein are correct. Actual

results may differ materially from those projected and you should not place undue reliance on forward-looking statements, which speak only as of the date of this

document.

Nothing in this document constitutes an offer, solicitation or invitation to purchase or subscribe for any capital securities (“Securities”) issued by the Company and

no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment decision whatsoever in relation thereto. In particular,

nothing in this presentation constitutes an offer of Securities for sale in any jurisdiction where it is unlawful to do so.

The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or with any security

regulatory authority of any state or other jurisdiction of the United States and, accordingly, may not be offered, sold, pledged or otherwise transferred within the

United States or to, or for the account or benefit of, U.S. Persons (as defined in the Securities Act) except pursuant to an exemption from registration under the

Securities Act or pursuant to an effective registration under the Securities Act and any applicable U.S. state or local securities laws. By receiving this document, you

are deemed to have represented and agreed that you and any of your customers that you represent (i) are sophisticated investors to whom it is lawful to

communicate and (ii) are located outside of the United States. Prospective investors should consult their tax, legal, accounting or other advisers. This document or

any part of this document is being furnished to you solely for your information and may not be distributed, reproduced, taken or transmitted directly or indirectly in the

United States, Canada or Japan. This document is subject to changes and finalization from time-to-time.

Introducing an ultra-shallow LNGC for Southeast Asia

4000m3 with thruster4000m3 with propeller

An industry first for Southeast Asia

• Designed specifically to meet the need for access shallow rivers

and restricted harbor’s all specifying maximum 2 meter draft

• Can travel near shore or take on LNG cargo from FSU anchored

offshore. Designed for sea going not just riverine

• Minimum speed requirement 8 knots

• Vessel does not need handling tugs: full Dynamic Positioning DP2

designation

• Flexible and economical

4000m3 with thruster

4000m3 with propeller

Flexible hull design and sea going abilities

• Barge design with the forward and aft lines configured into a V form to

reduce the waterline entrance angle and consequently the vessel

resistance in waves

• Ultimate deck stiffness and strengthening will be determined to suit

final operational envelope and desired class notation

• Vessel design is based on 8,000t carrier concept

• Can be ballasted in open water to improve both stability and speed

Vessel propulsion and controls

• The vessel propulsion is provided by Wartsila 2 X DF 9L20DF

engines rated 1665 kW

• Standby Generator Set DF Wartsila 1x Type: 6L20EF 1065 kW

• Moored vessel can provide 3500 kW shore power through shore

interface panel

Vessel propulsion and controls (cont’d)

Thrustmaster azimuth thrusters type and location:

• 2 x 360 TH1500ML aft

• 2 x 360 adjustable TH850RN bow

• Combined HP 5100

• Vessel speed at 2m draft 8 knots

• Vessel speed at 3.5m draft 10+ knotsRetractable Bow Thruster

Stern Thruster

Vessel propulsion and controls (cont’d)

Forward Bridge Control Rear Facing Bridge Control

Cargo containment system

• Cargo Containment System is provided by GTT MKIII membrane

• BOG 0.45V%/d : 347kg/hr

• Single tank with chamfered corners can with stand sloshing loads up

to Beaufort Sea State 4/5 with out reinforced foam

• Single tank reduces installed equipment costs

• Can discharge LNG into type C tanks

Cargo handling system

• BOG handling has a simple configuration

• 2 liquid lines and single vapor return

• No forced vaporization is required for DF engines or cargo handling

• LNG Cargo pumps rated at 600m/hr

• CCS cooled down using spray pump

• CAM system fitted

Benefits of 4,000 – 8,000 m3

• Flexible = meets multiple cargo capacity and handling needs

• Standardized design = saves money in engineering, procurement

and build

• Capex is therefore radically optimized across the small- and mid-

scale asset range

• 16 months from order placement based on existing design

specifications

4000m3 with thruster

4000m3 with propeller

Integrating design, construction and supply

Design and supply of cargo

handling and automation systems

GET

Cargo tank design using

MKIII membrane

GTT

Hull design

Ocean NobleEngine and controls

design and supply

Wartsila

Thruster design and

equipment supply

Thrustmaster

Design procurement,

fabrication and integration

AG&PFloating ship-to-shore LNG

off-loading solution

TRELLEBORG

Small-scale LNG supply chain optimization

The advantages of membrane technologies for onshore and offshore storage

Stephane Maillard

GA

S 2

016

26-2

8/1

0/2

016

This document is strictly confidential. Any unauthorised access to, appropriation of, copying,

modification, use or disclosure thereof, in whole or in part, by any means, for any purpose, infringes

GTT’s rights. This document is part of GTT’s proprietary know-how and may contain trade secrets

protected worldwide by TRIPS and EU Directives against their unlawful acquisition, use and

disclosure. It is also protected by Copyright law. The production, offering or placing on the market

of, the importation, export or storage of goods or services using GTT’s trade secrets or know-how is

subject to GTT’s prior written consent. Any violation of these obligations may give rise to civil or

criminal liability. © GTT, 2010-2016

Disclaimer

17

GA

S 2

016

26-2

8/1

0/2

016

An engineering company with more than 50 years of

experience in the design of the Membrane Cargo

Containment Systems

GTT is a public company listed on the Euronext

Stock Exchange (Paris)

111 projects (1) (LNGC, VLEC, FSRU, FLNG, barge

and GST) currently on order

Around 380 highly qualified people (1), present

worldwide

GTT in brief

18

(1) As at March 31st, 2016

10.38%

0.43%

Free-float

48.70%

Management and employees

40.41%

Treasury shares

0.09%

GA

S 2

016

26-2

8/1

0/2

016

Membrane tank space advantagesCompact, ideal to deliver maximum cargo volume to the end-userLighter, ideal for shallow draft

Type C vs MkIII membrane vs MkIII membrane

Shallow draft

Volume : 15 000 m3 15 000 m3 16 500 m3

L : 146 m 132.7 m 133 m

B : 23.50 m 23.2 m 28 m

T : 7.50 m 7.2 m 4.8 m

LSW : 7 470 t 6 960 t 6 220 t

-10%

-4%

19

+20%

-34%

-7% -5%

GA

S 2

016

26-2

8/1

0/2

016

Membrane tank partial cargo deliverySeveral configurations for cost effective and performant solutionMembrane ships able to sail with partially filled tanks in SE Asia

Sloshing studies already performed by GTT

Several options for tank configurations

Rectangular section

Chamfers

Increase tank number

Several level of reinforcements of insulation system

20

130kg/m3 210kg/m3170kg/m3

Std / SR / UR Mega Reinf Giga Reinf

Mark Systems

NO96 MAX

AG&P 4k Ultra shallow draft for sea states 3

AG&P 4k Ultra shallow draft for sea states 4

AG&P 4k Ultra shallow

draft for sea states 4

GA

S 2

016

26-2

8/1

0/2

016

Atmospheric tanks benefitsHigher loading limit, maximizing cargo carried by the shipHigher energy content delivered to the end-user

To ensure liquid remain contained in the tank after expansion up to the pressure relief

valve set point

Maximum loading limit vs. tank pressure

Membrane tanks (atmospheric): 98%V

Type C tanks @ 4 bars: 93%V

Type C tanks @ 10 bars: 85%V

High pressure LNG means also high temperature LNG, with lower energy content per

m3

21

GA

S 2

016

26-2

8/1

0/2

016

Boil-off rate in line with ship power demandUsing gas for propulsion is the most suitable solution for an LNGcNo need for reliquefaction units on board

Benefits of using BOG for ship power, compared to HFO

IMO is moving to cleaner fuels requirements (NOx, SOx, particules, potentially CO2)

Image of company

HFO installations are costly to operate (sludge tank)

Fuel costs with gas are lower than HFO

Operational time savings (no additional bunker process – only pilot fuel)

Lower maintenance costs (cleaner engine room, lifetime of gas engines)

Large experience and proven systems

Boil off gas / insulation system designed to be lower than ship power requirement, to

avoid any wasted cargo

Application to AGP 4k Ultra shallow draft:

22

Gas demand @ 85% MCR BOR MkIII BOR MkIII Flex

370 kg/hr Abt. 350 kg/hr Abt. 240 kg/hr

GA

S 2

016

26-2

8/1

0/2

016

Membrane tanks unsensitive to thermal shocksFaster cargo operation duration

Membrane tanks have shorter duration for commissioning and decomissioning

Cooling down rate is higher than other tank technologies

Typical value: 12 hours

No complicated temperature profile control in the tank

Tank is not shrinking:

No need for complicated tank support

No need for continuous spraying

Volume at ambient temperature is the same as cryogenic conditions

23

GA

S 2

016

26-2

8/1

0/2

016

Membrane tanks are compatible with any tankLow pressure LNG can be transferred to both atmospheric and pressurizedtanks

LNG transfer procedure from atmospheric tank

to pressurized tank is simple:

Liquid lines cooling down on membrane side

Opening of liquid lines

Pressurized tank lines cooling down and gas phase

spraying

Opening of all gas lines

LNG transfer start

Membrane tank LNG bunker barge under

construction, to supply LNG to type C tanks on a

containership

24

Membrane side C Type side

LNG innovation in action

BOG handling solution for a small-scale membrane LNG barge

Brandon Shin

Overview – 4,000CBM LNG Carrier

p26

Advantage of 4k LNG Carrier

Flexibility of sailing draft

No need forcing vaporizer system

Easy to berth

Saving voyage with propulsion

Characteristics of 4k LNG Carrier

Vessel Type: Shallow Draft LNGC

LNG Storage: Membrane Type, 4,000m3

Loading Rate: 420 ~ 600m3/hr

LNG Cargo Pump: 600m3/hr x 2sets

LNG Spray Pump: 20m3/hr x 1sets

NG Buffer Tank: 150m3[ 3D Rendering Image ]

[ General Arrangement Drawing ]

LNG Storage, Transfer & BOG Handling System

p27

NG Buffer TankCargo Machinery Room

LNG Storage Tank

Machinery Room

LNG Storage & Transfer System

LNG Storage Tank Manifold

Propulsion & Generation System

DF Generator Azimuth Thruster

BOG Handling System

BOG Preheater BOG Compressor

Loading/Unloading Manifold

LNG Storage, Transfer & BOG Handling System

FLP

p28

LNG Storage Tank LNG FSU

LNG Unloading Line

LNG Loading Line

BOG Pre-heater

GVU DF Generator

LNG Terminal

Vent Mast

6.5barg15OC

0.3barg-130OC

Process Flow Diagram

BOG Compressor

NG Buffer Tank

BOG Pre-HeaterBOG HANDLING EQUIPMENT

p29

Shell & Tube Heater

NG Out

Steam Out

Steam In

LNG In

Regas Vaporizor

TYPE Shell & Tube

Number 2 sets

Capacity 400kg/h

Pressure 0.3bar(g)

Weight(wet) Abt. 750kg/h

Lead time 8 month

Dimension0.8 x 0.8 x 2.13m(H x W x L )

Particulars

BOG CompressorBOG HANDLING EQUIPMENT

p30

Module for BOG Compressor

Type Screw Injection

Number 2 set

Gas Suc. 0.3 barg / Min. 0 ℃

Gas Disch. 15 barg / Min. 5 ℃

Capacity/set 400 kg/hr

Particulars

NG Buffer TankBOG HANDLING EQUIPMENT

p31

Type C tank for BOG Handling for a voyage

Particulars

Number 1

Fluid Vapor

Design Press. 15 bar(G)

MARVS 15 bar(G)

Working Temp. 30 ℃

Full Volume 150 m3

LNG Bunkering CAMS (Control, Alarm & Monitoring System)

LNG BUNKER BARGE

p32

Console IO Module CAMS & Marshalling Panel

HMI Screen, Console

Control Function• PID Control

• Pump & Valve Remote Control

• Fire Detection System Control

• Gas Detection System Control

• Cargo Handling System Control

• Machinery System Control, etc.

Alarm & Monitoring Function• General Alarm & Monitoring

• Navigation Alarm & Monitoring

• CHS Monitoring

• Aux. Machinery Monitoring

• Historical Data Logging, etc.

Flexible LNG transfer

How Cryoline hose-in-hose transfer systems are increasing accessibility, optimizing safe transfer and significantly lowering costs

James Hermary

Re-thinking LNG transfer solutions using cryogenic flexible hoses

34

Gas Asia Summit | 28 October 2016

28 Oct. 2016 Gas Asia Summit 2016

Cryogenic flexible hose-in-hose design

35

Benefits

Cryoline LNG – Patent pending application worldwide


Qualified according to

EN 1474-2 standard

Combination of proven technologies!

o Combine high flexibility, reliability and long service life

o Minimum BOG generation

o Available from 6” to 20”


36

Benefits




EN 1474-2 standard


Inner hosederived from composite hose


37

Benefits




EN 1474-2 standard


Inner hosederived from composite hose

Continuous sleeve

100% tight barrier


38

Benefits




EN 1474-2 standard


Outer hoseo Field proven in harsh marine environment

o Rubber reinforced with steel cables and steel rings


39

Benefits




EN 1474-2 standard


Annular insulation

o Innovative material

o Orthotropic properties

o Fatigue resistant

o Reduces BOG generation

o Ensures the hose buoyancy


40

Benefits




EN 1474-2 standard


Monitoring systemo Optical fibers installed in the annulus

o DTS or Bragg Grating thermal sensing

o Leak detection & Cool down follow-up


41

Benefits




EN 1474-2 standard


Connection system

Cryoline LNG is qualified according to EN1474-2

42

Benefits



90% of the tests performed at Trelleborg facility

43

Benefits



Available range from 6” to 20”

Cryoline LNG is qualified according to EN1474-2

Multiple applications…

Increase operability of existing import / export LNG terminal

Upgrade existing LNG import / export terminal (small to large scale)

Transfer LNG on regasification or liquefaction facilities

Fuel onshore gas power generation units with LNG

28 Oct.2016 Gas Asia Summit 201644

…based on a qualified scalable technology

45 28 Oct.2016 Gas Asia Summit 2016

46

Small-scale Applications



Floating ship-to-shore

LNG off-loading systemBenefitso Reduced CAPEXo Easy to install o Simple to operateo Small footprint on

environment


Small-scale ship-to-shore system

By courtesy of Houlder

*TRAV&L: aerial hoses handling system

Self-propelled

Mobile barge

Cryoline hose

Reels onshoreTRAV&L*

Fenders

Transfer system deployed Stowed position

Cryoline floating hoses

&

service umbilical

Hose reels installed at shore

LNG carrier spread moored (CBM mooring)


Small-scale ship-to-shore system

By courtesy of Houlder

*TRAV&L: aerial hoses handling system

Transfer system deployed Stowed position

Hose reels installed on the barge

TRAV&L*

Cryoline floating hoses

&

service umbilical

Self-propelled

Mobile barge

Cryoline hose

Reels

Cryoline hoses

reeled back

Small-scale LNG transfer systems

Trelleborg small-scale LNG hose-in-hose transfer systems enable:

COST SAVINGS Major CAPEX & OPEX saving compared

with traditional transfer solutions

QUICK INSTALLATION Significant reduction of engineering,

construction and installation lead time

SIMPLE TO OPERATE Improved operability up to 80%, leading

to less downtime and higher productivity

SAFETY Designed for fatigue resistance in even the most hazardous conditions

50

Trelleborg’s game-changing Cryoline Small-Scale LNG hose-in-hose transfer

systems enable re-thinking of conventional wisdom in small-scale LNG transfer

solutions for ship-to-shore applications.


Infrastructure Reimagined & Delivered

Democratizing LNG - AG&Pagp.ph/pdf/Events/Gas_Asia_Summit_Workshop_October_28.pdfDemocratizing LNG...

Documents

Transcript of Democratizing LNG - AG&Pagp.ph/pdf/Events/Gas_Asia_Summit_Workshop_October_28.pdfDemocratizing LNG...