CNG Carriers Shipping Line and Natural Gas Trading
“Monetizing Stranded Gas”
Our project is to build and or to convert carrier ships and to manage a worldwide operative fleet to transport, through fully customized shipping facilities and terminals natural gas from and to the sources portals to the end-user market
We are considering our CNG maritime fleet project an energy trading project of consecutive deliveries at medium range distances and a competitive selling price of the transported commodity.
The lesser selling price and the higher remuneration margin derive from the exploitation of stranded NG fields or because of the supply of NG to smaller markets being unable to build LNG discharging terminals.
The return of investment in today market is from 28% up to 53%, depending on the vessels tonnage and the commodity S&P pricing agreements.
The project is principally addressed to new (not exploited) low price markets.
CNG technology provides an effective way for short-distance gas transport. The technology MUST be also aimed at monetizing offshore reserves that cannot be produced because of pipeline unavailability or prohibitive LNG cost
Cng Transportation cost VS LNG and Pipelines
Natural Gas is transported:
In Gas pipelines:
- low transportation costs for large quantities @ a very high construction cost for land pipelines and for undersea pipelines
- the pipelines are exposed to political risk in the crossed Countries and to at times uncertain transit charges
- high cost constant maintenance and supervision
- risk of terrorist attacks
- Possible violations on the operative contracts related to the pipeline flow.
With ships in the form of liquefied natural gas (LNG):
- requires large quantities of gas, large investments and long-term commitments favorable for long distances with large especially high costs and technology tanker
- suitable for long distances with very large high costs
- highest investments for both sea terminal: liquefaction at the loading and gasification at the discharging with substantial energy losses during liquefaction-gasification process
With compressed natural gas tanks (CNG):
- the storage and transportation tanks of compressed natural gas (CNG) are relatively inexpensive, manufactured to resist to the pressures of the stockpiled gas
- easily loaded with compression devices and directly discharged to the enduser network or storage areas
CNG: only the 5% of the final price goes back to the shipping and to the inland facilities costs
Gas field → liq. facility terminal→LNG CARRIER SHIP→gasification facility terminal → end-user
LNG: 90% of the final price goes back to loading and discharging cost onshore facilities
COST ANALYSIS OF THE PRODUCTION CYCLE AND THE SUPPLY OF NATURAL GAS IN MILLIONS OF US DOLLARS PER BTU
|Gas cost in the well||Liquefying cost||Shipping cost||Gasification cost|
|LNG||0,5 - 1,0||1,5 -2,5||0,5 - 1,5||1,0 - 1,5|
|CNG||0,10 - 0,5||0||1,0||0|
Marine CNG transportation offers
- Flexible strategic, geographic and functional option, for loading and discharging operations
- Scalable and flexible to supplier/customer requirements
- Growth capacity ship by ship meeting increasing demand
- Fixed budgeted cost
- Not required preliminary investment of relevant funds for infrastructures to meet the prospected future increased demand
- Faster availability to the markets
- Direct realization of the project and of the startup of the shipping
- Transport assets can be moved quickly to take advantage of profit opportunities as they develop in other areas
Our project couples the CNG tank transportation with maritime shipping trading:
- Has been evaluated and approved by international organizations (RINA)
- Has been certified and utilized in hi-tech fields
- It makes an efficient use of unique composite materials that nullifies the problem of weight in relation to durability
- It gives the possibility, to exploit and to transfer natural gas of stranded gas fields in Countries that are not having access to liquefying terminals.
- It gives the possibility to discharge directly to the end-user’ s network
- It is most appropriate for short /medium distances
- It will be exploited with small and medium size conventional converted ships with dedicated features for loading and discharging operations.
- The ships are using the same gas as fuel during the voyage.
The CNG shipping markets:
- In Mediterranean: Algeria, Libya, Egypt, Cyprus
to Spain, France, Italy, Greece, Turkey, Cyprus, Lebanon
- From the Black Sea and from the Caspian Sea,
to Iran, Iraq , Caspian Sea Countries and Turkey, Iraq and Europe
- From the Caribbean and from Venezuela and other producing Countries
to the Countries of Central America, the Caribbean, and the U.S.
- In South-East Asia: from Indonesia
to Singapore, China etc.
- In South Asia: from the Persian Gulf
to India, Pakistan
- In Africa: from all the Countries with natural gas reserves that they can't export it, because of the prohibitive cost, related to their financial and economic situation, of conventional LPG Terminals,
to: all nearby end-user Countries.