Improvement of Regasification Process Efficiency for Floating Storage Regasification Unit

Natural gas plays a vital role in the economically and environmentally sustainable future of energy. Its reliable deliveries are required, especially nowadays, when the energy market is so volatile and unstable. The conversion of natural gas to its liquefied form (LNG) allows its transport in greater quantities. Affordability and reliability of clean energy is a key issue even for developed markets. Therefore, natural gas usage enables to implement green solutions into countries' economies. However, the LNG-production process consumes a considerable amount of energy. This energy is stored in LNG as cold energy. After LNG unloading into storage tanks at receiving terminals, it is vaporised and compressed for transmission to a natural gas pipeline system. During the regasification process, the large part of the energy stored in LNG may be recovered and used for electricity generation, seawater desalination, cryogenic air separation, hydrogen liquefaction, material freezing, carbon dioxide capture, as well as for combined LNG cold energy utilization systems. Moreover, increased efficiency of LNG terminals may attract potential clients. In the presented paper, a mathematical model is performed to determine the influence of LNG composition and regasification process parameters on the quantity of released LNG cold energy in a large-scale floating storage and regasification units (FSRU)-type terminal "Independence" (Lithuania). Flow rate of LNG regasification, pressure, and boil-off gas recondensation have been considered. Possibilities to reduce the energy losses were investigated to find the ways to improve the regasification process efficiency for real FSRU. The results analysis revealed that potential of LNG cold energy at FSRU could vary from 20 to 25 MW. A utilisation of industrial and urban waste heat for the heat sink FSRU is recommended to increase the energy efficiency of the whole regasification process.