Key Points in LNG Tank Construction and Project Cost
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I’m seeking advice from experts in the LNG industry: what are the geological requirements for LNG storage tanks? Foundation treatment? Foundation compaction plus concrete cast-in-place piles? Construction time for a 160,000 cubic meter storage tank (starting from the preparation phase for construction). Project cost (including costs related to equipment and civil works, etc.; it’s best to have this information available), with the total cost said to be between 200 million and 300 million. The best LNG storage tank design companies (Global? ) What is the cost of the second phase of the Jiangsu LNG project?
You can look up the construction process for LNG storage tanks online and then understand it; LNG storage tanks have quite strict requirements regarding the geological conditions. The cost of building a tank with a capacity of 160,000 cubic meters is around 70 million yuan, which isn’t that expensive.
Construction time for a 160,000 cubic meter storage tank (starting from the preparation phase for construction): Starting from pile driving upon site entry, it generally takes 26 months. (If construction cannot take place in winter, the timeline should be appropriately extended.) It’s best to have an estimate of the project cost, including costs related to equipment and civil work; the total cost is said to be between 200 million and 300 million. At one time, the highest cost reached 600 million, but now 300 million or more is sufficient. The best LNG storage tank design companies (Global? ) TGE is a bit better than Global
A friend upstairs said 70 million for a 160,000 cubic meter LNG tank! It’s ridiculous – 70 million isn’t even enough to cover the cost of materials! For storage tanks with a capacity of 160,000 cubic meters, concrete full-volume tanks are the only option available in China at present. The outer tank is made of concrete, while the inner tank and the thermal corners are made of Ni9 steel. The treatment of the foundation is determined based on the site conditions at the location where it is built, through specialized calculations carried out by the structural engineering team. As for whether to use driven piles or precast piles, it depends on the design specifications provided by the structural engineering team. The construction period, starting from the date of site entry, is approximately 24 months, including design, construction, drying, replacement, and pre-cooling. Delays in the schedule that are not caused by force majeure are excluded. The above schedule refers to the schedule for design-led EPC projects. If it is led by the construction contractor or the owner themselves, it is difficult to ensure the project cost: 350 million, excluding land costs
I plan to build 4 LNG full-volume tanks with a capacity of 5,000 cubic meters each; the cost of the project is approximately 200 million.