Interesting info on the BC advantage in LNGhttps://investorvillage.com/groups.asp?mb=13681&mn=26259&pt=msg&mid=13241455
Content below:
Interesting info on the BC advantage in LNG
Most notably, there's "Rules of Thumb for Screening LNG Developments," produced by Nick White, director of process engineering for Australian-based Clough Ltd. Among other factors he noted the significance of the starting temperature in a manufacturing process that consists of chilling the product to 160 degrees below zero.
Hence White's rule of thumb regarding the impact of ambient temperature on the amount of energy that will be consumed to liquefy a given quantity of natural gas: "One degree centigrade increase reduces LNG production by approximately 1.7 per cent." He also noted that for Northern Australia, the near-tropical locale for most of the LNG proposals in his country, the average annual ambient temperature is 27 C.
By comparison, Environment Canada records the annual daily mean temperature for Kitimat and Prince Rupert, prime sites for LNG development in this province, at a mere 7 C. The 20-degree difference translates into an almost 30 per cent advantage in terms of power consumption, if one applies White's rule of thumb of a 1.7 per cent impact on production for every one degree change in temperature.
The chilly head start provided by the anything-but-sunburnt climate of our northwest coast would presumably confer an advantage over rival jurisdictions for LNG production like Louisiana, Mozambique and Qatar.
One of the major proponents indicated as much during a B.C. government-sponsored conference in Vancouver earlier this year. The observation came from Betsy Spomer, senior vice-president of global business development for the BG Group, the U.K. based company proposing to build a massive LNG terminal near Prince Rupert.
"The Prince Rupert chilling advantage is 'what pays for the pipeline' to carry B.C. gas to the coast," Spomer told reporter Nathan Vanderklippe of the Globe and Mail in an interview published Feb. 26.