Open AccessComparative analysis of natural gas imports by pipelines and FSRU terminals
Author(s) -
Filip Jovanović,
Igor Rudan,
Srđan Žuškin,
Matthew Sumner
Publication year - 2019
Publication title -
pomorstvo
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.197
H-Index - 8
eISSN - 1846-8438
pISSN - 1332-0718
DOI - 10.31217/p.33.1.12
Subject(s) - natural gas , pipeline transport , liquefied natural gas , pipeline (software) , engineering , waste management , natural resource economics , petroleum engineering , environmental science , environmental engineering , economics , mechanical engineering
Natural gas is one of the most sought-after trade commodities in the energy market, mainly due to exploitation of cleaner and sustainable energy sources. The most common transportation method for natural gas imports is either through designated pipelines in its gaseous state or carried in its liquefied state as Liquefied Natural Gas (LNG) by specialized tankers. The analysis and comparison of natural gas import by pipelines and FSRU (Floating Storage and Regasification Unit) terminals is presented in this paper. Pipeline import is currently the cheapest and most feasible option, but it requires significant infrastructural investments, which can affect imports in countries where production is far from the delivery, so alternatively vessels and import terminals are necessary to ensure natural gas imports and energy supply stability. This paper analyses the technology and current market outlook of both natural gas import methods.