QUE$TOR LNG Regasification: How it Works
At the heart of all QUE$TOR products is a detailed cost calculation engine combined with a database of regional cost benchmarks for the types of facilities being modeled. The regional databases are populated with unit rates for equipment items, materials, fabrication, installation, hook-up and commissioning, and other project costs.
QUE$TOR modules are benchmarked against actual project costs, with the cost databases continuously developed to reflect the latest changes in technology and global costs. The result is a highly accurate cost estimation system and a consistent methodology for evaluating facilities projects anywhere in the world, yet in a regional context.
QUE$TOR LNG Regasification builds on this proven approach to provide a consistent methodology for generating cost estimates and optimizing the plans for regasification facilities.
For example, cost engineers and project teams can use QUE$TOR to estimate at the equipment item level for: |
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- Marine infrastructure including jetties, piers and marine slips
- LNG storage with single, double, full or membrane containment tanks
- LNG processing, when additional processing is required to meet outlet gas specification, nitrogen injection and/or Demethaniser, Ethaniser and stabilizer
- LNG pumping – in-tank pumps, processing feed pumps
- Liquids storage – LPG or gasoline
- Vapor handling – boil-off compressors, recondensor and vapor return blowers
- Vaporization – open rack, submerged combustion, intermediate fluid
- All ancillary utilities: controls and communications, power generation and civil works
QUE$TOR produces management quality reports, which can be printed or exported to spreadsheets for further analysis, and project cashflows, which can be imported into IHS AS$ET software for post-tax economic analysis.
Fast modeling, more time for sensitivity analysis
Like all QUE$TOR products, the Regasification module saves you hours of original research, letting you spend it instead on modeling and evaluation more scenarios. Specifically, QUE$TOR LNG:
- Allows more confident evaluations, based on a proven system for screening studies, project evaluation and concept optimization
- Delivers estimates based on up-to-date worldwide cost and technical databases, which can be easily copied and edited
- Provides a rapid, consistent approach to global project evaluation
- Generates complete cost profiles, CAPEX and OPEX
- Calculates results in seconds, allowing you to spend additional time modeling sensitivities and different approaches to a project
- Saves thousands of man-hours in gathering raw data and building complex spreadsheets
Who can benefit from QUE$TOR LNG Regasification?
- Oil and gas companies considering LNG plants to monetize stranded gas assets
- Independent regasification plant owners and operators
- LNG shippers, purchasers and end-users considering risks and options for long-term contracts
- National oil & gas ministries evaluating whether to build and operate LNG plants to help secure a future supply for domestic consumption
- Contractors and project finance partners