SYS-CON MEDIA Authors: Pat Romanski, Elizabeth White, Yeshim Deniz, Glenn Rossman, Cynthia Dunlop

News Feed Item

Strategic Analysis of EPC Opportunities in the Asia-Pacific LNG Market

NEW YORK, Feb. 24, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Strategic Analysis of EPC Opportunities in the Asia-Pacific LNG Market
http://www.reportlinker.com/p02027622/Strategic-Analysis-of-EPC-Opportunities-in-the-Asia-Pacific-LNG-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy

Southeast Asia and Australia Supply Most of the LNG to Japan and South Korea

Executive Summary

- The total Asia-Pacific (APAC) Engineering, Procurement and Construction (EPC) Opportunities in the liquefied natural gas (LNG) market generated a revenue of $xxmillion in 2012. It is expected to increase to $xx million in 2017, at a compound annual growth rate (CAGR) of xx% between 2012 and 2017.
- The Southeast Asia market was the largest revenue contributor in the year 2012 and recorded a revenue of $xx million. This was followed by Australia, with $xx million and the East Asia region, with $xx million.
- Onshore sighting of LNG production facilities in places, such as Australia and Malaysia, can often require long and expensive pipelines to bring the fuel to the refrigeration equipment. This has triggered renewed interest in offshore LNG production.
- Floating LNG (FLNG) production vessels are being introduced to make smaller and more remote offshore natural gas assets commercially viable. These plants typically have capacities of around one million to five million tons per annum (TPA).
- Japan and South Korea are the largest consumers and contribute close to xx% of the global demand for LNG. Although the governments of Japan and South Korea are encouraging competition between LNG suppliers to reduce prices, the uncertainty over nuclear power generation and lack of clarity with respect to the development of projects are expected to result in high cost of LNG production and development.

CEO's Perspective

The earthquake in Japan, in 2011, created an uptake for the LNG industry in Asia-Pacific.
China's import of natural gas is expected to drive the demand for LNG production in other APAC countries.
FLNG production vessels are likely to improve the commercial viability of remote offshore natural gas assets.
Australia is expected to emerge as a major participant in the market, with the addition of new liquefaction plants during 2013–2018.
A boom in the production of unconventional gas in the United States may impact LNG exports from the APAC market.

Definitions

Research Objectives
This research service covers EPC opportunities analysis of the LNG industry in Asia-Pacific. The opportunity assessments are further broken down into potential prospect for turbo-machinery and electrical equipment.

Research Period
The study period covered in this research service is from 2010 to 2017, with 2012 as the base year. The historical period is from 2010 to 2011 and forecast period is from 2013 to 2017. The market information for the historical period and base year has been obtained from both primary and secondary research data and analysis. Key trends and information on the market size, market share and other variables are based on discussions with key industry stakeholders. Market forecasts are performed based on Frost & Sullivan's proprietary forecast model that take the impact of market drivers and restraints and industry challenges into account.

Geographical Definition
The Asia-Pacific market data in this research service covers the following geographical regions and countries:
- East Asia: Japan, South Korea and Taiwan
- Southeast Asia: Brunei, Indonesia, Malaysia, The Philippines, Singapore, Thailand and Vietnam
- Australia Liquid Natural Gas: Cooling natural gas to about -xx°F at normal pressure results in the condensation of the gas into liquid form, known as Liquefied Natural Gas (LNG).
Exploration and Production: The upstream oil and gas industry is usually associated with the exploration and production. This includes the search for potential crude oil or natural gas, drilling and operating wells and recovery of the crude oil or natural gas to the surface.
Liquefaction: The process of liquefaction involves the cooling of natural gas to -xxºC and reducing its volume by a factor of xx. This process of reduction helps in easy transportation of natural gas from one location to another using LNG tankers.
Regasification: This process consists of converting the liquefied gas into gaseous state to be fed into the transmission and distribution grids.
Engineering, Procurement and Construction (EPC): A contract which delivers engineering, procurement and construction services for the construction of a plant on a specified contract value within a stipulated time to the project owner or project developer.
Turbomachinery: Turbomachinery are mainly used in LNG plants as compressor drives for refrigeration or power generation. It covers steam turbines, aeroderivatives and industrial gas turbines.
Electrical Equipment: Electrical equipment for LNG plant includes transformers, switchgears, low-voltage (LV) and medium-voltage (MV) power systems, switchboards, backup generator sets and other related equipment.
Non-electrical Equipment: Non-electrical equipment covers civil structure, mechanical equipment and other equipment that is not covered under the turbomachinery and electrical equipment categories.

Exploration and Production

This process involves the extraction of raw natural gas from the earth's surface. Once a potential natural gas field is identified by geologists, a team of specialists proceed to drill a well, to verify the commercial viability of extracting the natural gas. Upon commercially-viable extraction from the ground, the raw natural gas is called feed gas. This feed gas has to be processed and purified so that it contains almost entirely methane for consumption in households and factories. The processed natural gas can either be transported through pipelines for local consumption or through other modes of transportation (by sea or truck) for export purposes.

Liquefaction

Liquefaction involves the processes of cooling and condensing of natural gas. The natural gas is liquefied through refrigeration technology, which brings its temperature down to approximately -xx°C (-xx°F). LNG is a non-corrosive and colorless liquid like water. In liquid form, LNG occupies a volume that isxx times smaller than in its gaseous form. Owing to this reduced volume, it is economically feasible to transport large quantities of LNG by ship or truck. However, to remain in liquid form, the storage tank has to be thermally insulated to prevent the LNG from evaporating during transportation.

Transportation

Once natural gas is liquefied and ready for export, LNG is mainly transported via sea route. Specifically designed ships, with advanced systems for handling cryogenic cargo, are used as the carriers for LNG. The containment tanks on the ship have a few layers of insulation to keep the LNG at cryogenic temperature. The containment tanks are usually shielded by double hulls to prevent leakage, in the event of grounding or collision.
Despite the presence of such insulation systems that limit the evaporation of LNG during voyages, some amount of LNG still boils off. The boil-off gas is used as a supplementary fuel in some vessels.

Regasification

After the LNG is transported, it has to be unloaded into on-shore import terminals before undergoing regasification, which converts the LNG back into natural gas. Some ships are also constructed as Floating Storage and Regasification Units (FSRUs), which can be used to deliver LNG to offshore terminals. Upon unloading, the LNG is transferred through cryogenic pipelines to insulated storage tanks specifically constructed to hold LNG. Then, the LNG is sent to vapourisers, to heat up and regasify the LNG.
Before the natural gas is distributed to consumers, an unpleasant smelling odour is added to the natural gas. In the absence of this odour, as natural gas is colourless and odourless, it will be impossible to detect a leak without instruments.

Key Questions This Study Will Answer

Can the LNG value chain sustain the present high demand?
Will the LNG industry be able to sanction projects at a rate that is necessary to keep pace with growth in demand for LNG?
Where will the new wave of projects come from?
Will floating liquefaction technology unlock unexplored reserves of stranded gas?
What are the market opportunities for EPC?
Executive Summary
Market Overview
Total EPC Opportunities in the LNG Market
External Challenges: Drivers and Restraints
Forecasts and Trends
Competitive Analysis
East Asia Breakdown
Southeast Asia Breakdown
Australia Breakdown
The Last Word (Conclusions and Implications)
Appendix

To order this report: Strategic Analysis of EPC Opportunities in the Asia-Pacific LNG Market
http://www.reportlinker.com/p02027622/Strategic-Analysis-of-EPC-Opportunities-in-the-Asia-Pacific-LNG-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
SYS-CON Events announced today that Calm.io has been named “Bronze Sponsor” of DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Calm.io is a cloud orchestration platform for AWS, vCenter, OpenStack, or bare metal, that runs your CL tools puppet, Chef, shell, git, Jenkins, nagios, and will soon support New Relic and Docker. It can run hosted, or on premise and provides VM automation / expiry, self-service portals,...
SYS-CON Events announced today that ElasticBox is holding a Hackathon at DevOps Summit, November 6 from 12 pm -4 pm at the Santa Clara Convention Center in Santa Clara, CA. You can enter as an individual or team of up to 10 developers. A New Star Is Born Every Month! All completed ElasticBoxes will then be sent to a judging panel - 12 winners will be featured on the ElasticBox website in 2015. All entrants will receive five full enterprise licenses for one year + ElasticBox headphones + Elasti...
Cloud services are the newest tool in the arsenal of IT products in the market today. These cloud services integrate process and tools. In order to use these products effectively, organizations must have a good understanding of themselves and their business requirements. In his session at 15th Cloud Expo, Brian Lewis, Principal Architect at Verizon Cloud, will outline key areas of organizational focus, and how to formalize an actionable plan when migrating applications and internal services to...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
In her General Session at 15th Cloud Expo, Anne Plese, Senior Consultant, Cloud Product Marketing, at Verizon Enterprise, will focus on finding the right mix of renting vs. buying Oracle capacity to scale to meet business demands, and offer validated Oracle database TCO models for Oracle development and testing environments. Anne Plese is a marketing and technology enthusiast/realist with over 19+ years in high tech. At Verizon Enterprise, she focuses on driving growth for the Verizon Cloud pla...
Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-quality deployments.
SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue bu...
Once the decision has been made to move part or all of a workload to the cloud, a methodology for selecting that workload needs to be established. How do you move to the cloud? What does the discovery, assessment and planning look like? What workloads make sense? Which cloud model makes sense for each workload? What are the considerations for how to select the right cloud model? And how does that fit in with the overall IT tranformation? In his session at 15th Cloud Expo, John Hatem, head of V...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce t...
As Platform as a Service (PaaS) matures as a category, developers should have the ability to use the programming language of their choice to build applications and have access to a wide array of services. Bluemix is IBM's open cloud development platform that enables users to easily build cloud-based, creative mobile and web applications without having to spend large amounts of time and resources on configuring infrastructure and multiple software licenses. In this track, you will learn about the...
Blue Box has closed a $10 million Series B financing. The round was led by a strategic investor and included participation from prior investors including Voyager Capital and Founders Collective, as well as the Blue Box executive team. This round follows a $4.3 million Series A closed in December of 2012 and led by Voyager Capital. In May of this year, the company announced general availability of its private cloud as a service offering, Blue Box Cloud. Since that release, the company has dem...
SYS-CON Events announced today that Verizon has been named "Gold Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic network...
SimpleECM is the only platform to offer a powerful combination of enterprise content management (ECM) services, capture solutions, and third-party business services providing simplified integrations and workflow development for solution providers. SimpleECM is opening the market to businesses of all sizes by reinventing the delivery of ECM services. Our APIs make the development of ECM services simple with the use of familiar technologies for a frictionless integration directly into web applicat...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic...
Cloudwick, the leading big data DevOps service and solution provider to the Fortune 1000, announced Big Loop, its multi-vendor operations platform. Cloudwick Big Loop creates greater collaboration between Fortune 1000 IT staff, developers and their database management systems as well as big data vendors. This allows customers to comprehensively manage and oversee their entire infrastructure, which leads to more successful production cluster operations, and scale-out. Cloudwick Big Loop supports ...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business’s infrastructure required to support an effective web experience… but they are missing a critical component – Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years use...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP ...
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation...
What are the benefits of using an enterprise-grade orchestration platform? In their session at 15th Cloud Expo, Jeff Tegethoff, CEO of Appcore, and Kedar Poduri, Senior Director of Product Management at Citrix Systems, will take a closer look at the architectural design factors needed to support diverse workloads and how to run these workloads efficiently as a service provider. They will also discuss how to deploy private cloud environments in 15 minutes or less.
Headquartered in Santa Monica, California, Bitium was founded by Kriz and Erik Gustavson. The 1,500 cloud-based application using Bitium’s analytics, app management, and single sign-on services include bug trackers, customer service dashboards, Google Apps, and social networks. The firm states website administrators can do multiple tasks online without revealing passwords. Bitium’s advisors include Microsoft’s former CMO and the former senior vice president of strategy, the founder and CEO of Li...