18.01.2015 Views

LNG Regasification Terminal Quintero Bay, Chile - CB&I

LNG Regasification Terminal Quintero Bay, Chile - CB&I

LNG Regasification Terminal Quintero Bay, Chile - CB&I

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Lummus Technology assists refiners around the world in developing and assessing new process schemes to address<br />

changing crude oil slates and product specification requirements. These services are performed by the Process Planning<br />

Group in Bloomfield, NJ. The group plans facilities, defines manufacturing economics and assesses technologies for<br />

integrated petroleum refining, petrochemical, chemical, oil and gas and energy complexes.<br />

Unlike consulting companies, Lummus Technology bases process planning on current<br />

cost data derived from actual experience in designing and building plants. Lummus<br />

knows which technologies are most appropriate for each client, and as a CB&I<br />

company, also has EPC expertise, and can realistically define the cost, schedule and<br />

resources required to bring a project to completion, anticipating potential risks.<br />

The three M’s are critical elements in planning a successful project: Materials, Markets<br />

and Money. Lummus Technology’s approach to these elements are briefly highlighted<br />

below.<br />

Materials. The optimum configuration for a project is dependent on the process<br />

configuration, the process technology employed and the definition of support<br />

facilities. Some of the evaluations that go into such an assessment include:<br />

• Plant configuration analysis<br />

• Multiple feedstock cases<br />

• Technology evaluations<br />

• Site analysis and recommendations<br />

In performing the above, Lummus Technology, as a CB&I company, brings to bear a<br />

broad background of experience in designing and building plants assuring up-to-date<br />

cost and schedule data.<br />

Markets. The decision to invest in new or existing process facilities is driven by the<br />

client’s strategic objectives and marketing plans, and the current competitive<br />

environment. Attention is given to:<br />

• Trade relationships<br />

• Availability of resources and the factors of production<br />

• Raw material and product price relationship and trends<br />

• Netback prices<br />

• Analysis of competition<br />

Money. Lummus Technology’s evaluation includes a rigorous analysis of the<br />

economic viability of a project and the availability of real and potential resources.<br />

Our efforts are directed towards:<br />

• Venture analysis<br />

• Risk analysis<br />

• Net benefit<br />

• Value<br />

Lummus Technology wields a full range of analytical tools and data, including:<br />

6<br />

- A refinery Linear Program that simulates all commercially available refining processes and has more than 140 crude oils in its library.<br />

- Specialized computer programs for predicting charge, yield, and utility data for most major refining and petrochemical process units.<br />

- A large and diverse engineering design and construction database, with more than 600 refinery units and 400 petrochemical and chemical units.<br />

- Cost capacity correlations and data for both process units and support facilities.<br />

- Access to major specialized marketing and pricing data services.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!