LNG Regasification Terminal Quintero Bay, Chile - CB&I
LNG Regasification Terminal Quintero Bay, Chile - CB&I
LNG Regasification Terminal Quintero Bay, Chile - CB&I
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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.