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tonnes oil equivalent Million tonnes LNG Trillion British thermal units Million barrels oil equivalent From Multiply by 1 billion cubic metres NG 1.000 35.315 36.000 0.860 0.735 34.121 5.883 1 billion cubic feet NG 0.028 1.000 1.019 0.024 0.021 0.966 0.167 1 petajoule NG 0.028 0.981 1.000 0.024 0.021 0.952 0.164
Storage tank costs are tabulated in this data-file, averaging $100-300/m3 for storage systems of 10-10,000 m3 capacity. Costs are 2-10x higher for corrosive chemicals, cryogenic storage, or very large/small storage facilities.
Among all the likely current pre-FID LNG projects in the world, each would need a maximum full break-even price of $7 per million British thermal units (MMBTU) to stay competitive, according to McKinsey’s LNG cost curve (Exhibit 2). That being so, only about one in ten of announced projects is likely to be competitive enough to reach FID.
LNG tank costs vary slightly depending on efficiency of converter. For hydrogen DNV GL have found tanks for liquefied hydrogen to be significantly more expensive due to lower storage temperatures,
US prices have been generally below $4.50/mmbtu; European hub prices in the range $8 to $11/mmbtu and Asian LNG prices (linked contractually to oil prices) have risen to a level of around $15/mmbtu.
24 paź 2019 · Among all the likely current pre-FID LNG projects in the world, each would need a maximum full break-even price of $7 per million British thermal units (MMBTU) to stay competitive, according to McKinsey’s LNG cost curve (Exhibit 2).
1 lis 2020 · The results state that the use of the BOG liquefaction facility on LNG ship reduces the total annual cost by 9.4% compared to the use of high-pressure fuel system when the price of LNG is 5 US $/MMBtu.
