Background

Liquefied Natural Gas (LNG) projects are characterised by:

• Very large investments
• Involving parties in two or more countries: the gas seller with the LNG plant, the buyer(s) with the terminal(s) and the shipper.
• Technically complex
• Funding usually separate for gas field development, LNG plant, ships and unloading terminal.
• Earns foreign exchange for the gas producing country.

How Promoter handles Petrochemical Projects

Promoter can evaluate each part of the project separately or in a chain of different corporations. There would typically be a corporation for the gas wells, the LNG plant (including LPG and condensate), shipping and unloading terminal. Promoter carries out a capital cost estimate based on the feed gas analysis. In particular, it takes account of the feed gas analysis and the recovery of LPG and condensates, which can have a significant impact on the capital cost, the revenues and the project economics.