Technical and Economical Analysis of LCT (Landing Craft Tank) Vessel Conversion into NonConventional LNG (Liquid Natural Gas) Carriers
Download as PDF
DOI: 10.23977/msmi.2018.82635
Author(s)
Hayy Nur Abdillah, Ketut Buda Artana, I Made Ariana, Achmad Agoes Masroeri
Corresponding Author
Hayy Nur Abdillah
ABSTRACT
Indonesia was among those countries which decided to increase its natural gas consumption, due to its relative low cost and lack of impact on the environment. LNG can be used as an alternatives energy to modify high carbon energy consumption. Indonesia has several gas power plant, one of them is Siantan power plant in Pontianak but the location near the watershed. This location makes it difficult for ships with low draft to supply LNG, even though ship is the right choice to distribute LNG in large quantities. This study is aimed to develop the logistic in the Indonesia watershed zone base on technical and economical analysis of LCT vessel conversion into non-conventional LNG carrier. Output of this research are general arrangement of LCT vessel carrying non-conventional LNG, detail drawing of the seating on main deck, lashing system on main deck and between ISO LNG tank. Economic analysis after the LCT conversion required Capital Expenditure (CAPEX) and Operational Expenditure (OPEX). CAPEX consist cost of purchasing vessels, conversion fees, administration and other start-up capital, while OPEX is the cost required for ship operations. From the calculations, the LNG provider will be able to invest in margins from $ 1.55 for scenario ship-1 and provider will be able to invest in margins from $ 1.15 for scenario ship-2.
KEYWORDS
LCT, LNG, stability, economic analysis.