Systems Navigator supports LNG regasification terminal

Systems Navigator has been selected to support H-Gas in drafting the commercial agreements and in assisting in negotiating contracts with terminal customers by using simulation modelling techniques.

H-Gas is setting up a LNG regasification terminal on the west coast of Maharashtra, India. The LNG terminal will operate on a tolling basis whereby terminal users will reserve tolling capacity to unload, store and regasify the LNG sourced from international markets.

The tolling model of H-Gas is quite unique and the client wanted to simulate the commercial operations of the LNG terminal to understand the implications of various parameters on the terminal owner and customers.

A simulation model was created to analyse (future) terminal performance based on various parameter settings. The parameters used in the simulation study included different inventory management policies (such as lending and borrowing), annual delivery plans, arrival windows, customer profiles, fleet mixes, spot cargos, weather influences, safety stock levels and terminal infrastructure layouts.

Systems Navigator has created various scenarios tested in the simulation study to understand the sensitivity of important parameters and their impact on terminal operations. The simulation model is quite intricate as H-Gas wanted to check the feasibility of several options with respect to commercial agreements.

As a result of the project, Systems Navigator advised H-Gas on the impact of commercial agreements on performance indicators such as tank sizing, realized gas send out, waiting times and berth occupancy. As such, the project team was able to choose the right commercial agreement for the terminal in combination with the selected terminal layout, thus improving terminal performance and profitability.

Adapted from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/regasification/03042014/systems_navigator_supports_lng_regasification_terminal_385/