<DrumBeat: December 11, 2007 The Oil Drum DrumBeat: December 12, 2007>
<ODAC Newsletter, Monday 10 December The Oil Drum: Europe Post Peak Italy>

69 comments on The European Gas Market

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noutram on December 11, 2007 - 2:30pm Permalink | Subthread | Parent | Comments top

....from the report:

"Shipyard orders for new LNG vessels peaked at 68 in 2004: in 2005 the number was 49, and it fell again in 2006 to 25"

-so Europe requires 130 and there are currently -what 190? and at peak we can make 68 per year (in itself an amazing fact given the size of these things!!)

If we say we need to triple global LNG shipments by 2015 that's a new capacity of (190 x 2) / 7 = ~54 ships/year...

So given shipyard production capacity it can be done.

Nick.

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Luis de Sousa on December 12, 2007 - 5:14am Permalink | Subthread | Parent | Comments top

I don't know here did you got those 64 ships per year. There are but a handful of shipyards in the world that build LNG tankers and together they have been managing to build about 20 per year.

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noutram on December 12, 2007 - 7:47am Permalink | Subthread | Parent | Comments top

Luis,

those figures came from the UK DTI report linked to above. I didn't verify them though.

I seem to recall it mention 12 shipyards capable of making them. I must admit the figure seemed on the high side given the size of these things. In addition vessel capacity is increasing reducing overall required numbers. Build costs have also increased.

Nick.

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Luis de Sousa on December 12, 2007 - 10:05am Permalink | Subthread | Parent | Comments top

The DTI report talk of orders, not ships built...

Even with 12 shipyards that would meant more than 5 ships built every year per shipyard. I don't know if this is possible.

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69 comments on The European Gas Market

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