LNG is known as a transition fuel in our quest to reduce emissions and avoid catastrophic and runaway global warming.
While large gas to power projects (Gigawatts size) receives attention, LNG’s success will eventually be measured how it is used for small scale purposes and as feedstock to replace the high carbon liquid fuels. This means, LNG needs to be democratized.
For instance, in ASEAN context, the goal is to supply electricity to the remaining masses and to ensure energy security with the right mix. LNG fits nicely into this goal. However, the challenge is to supply LNG to areas with poor infrastructure where it can fire up small factories and micro power plants. For instance, in Indonesia, there are many power plants which are diesel fired in remote areas. There is a good economic case for LNG to displace diesel for these power plants if the correct value chains are configured. Further, to substitute other liquid fuel (Naphtha), LNG has to evolve into feedstock.
This presentation will discuss:
- Challenges in the democratization of LNG
- Small scale LNG uses and challenges
- Possible use of LNG for other purposes like feedstock
About the Speaker:
Rao Shivaprakash is currently a Senior Associate at Advisian, WorleyParsons Group. He leads the Hydrocarbons consultancy team in Advisian’s global center of excellence for LNG regasification based in Singapore. He has worked in many diverse roles within LNG, Hydrocarbons, Petrochemical and Specialty Chemicals Industry over 23 years.
Shiva holds a MBA in Finance and accredited degree in Chemical Engineering. His key strengths include strategic analysis, project management and implementation.