FSRU Fatal Flaw Review

Client: Confidential 

Description

BE&R Consulting was engaged by the company wanting to invest in a FSRU LNG import facility project in the East coat of Australia. The client needed to undertake high-level fatal flaw review of the concept development of the FSRU. BE&R vetted the technical and non-technical documents available at the concept phase to assess the conceptual design and cost estimate for the proposed project. The preassessment of FSRU has showed the storage capacity to be 170,000m3 of LNG.  

Challenge 

The client necessitates the assessment of concept phase documentation with varying levels of detail and cost accuracy to be scrutinized to undertake the investment in the proposed asset. The challenge was to provide the client with informative and constructive advice, criticism and strategy on the available documents which would enable them to make an informed decision on whether to invest in the project or not.  

Solution 

BE&R through its experienced LNG marine, facilities, and project personnel highlighted the key areas of risks associated to the concept stage and recommended the possible actions deemed necessary at this phase of the project. BE&R investigated the compatibility of the proposed FSRU with the possible tie-in with the existing pipeline network and proposed the potential hot taps to connect the FSRU to the gas network. In addition, BE&R reviewed the project approvals process involving ports and environmental approval processes which could impact the project schedule and recommended the plan to overcome these issues. Also, review of concept design and project management documents was undertaken to allow corrective actions and decisions to be incorporated to the next phase of the project.