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OTC .04 Sessions Discuss Advances in LNG

RICHARDSON, Texas, U.S.A. (16 February 2004) – LNG is the topic of discussion during an OTC General Session and two technical sessions planned during the Offshore Technology Conference (OTC), 3-6 May, at Reliant Center at Reliant Park in Houston.

"LNG is an important issue for OTC this year," said Skipper Strong, OTC .04 Program Committee Chairman and Account Manager-ChevronTexaco at Technip Offshore. "During some major OTC sessions, participants discuss how LNG import terminals are moving offshore because of federal land issues, deepwater access for next generation carriers, and access to existing gas pipeline infrastructure.

"At OTC, we'll also see how today's offshore terminal designs are being driven by the current need to use land-based mechanical loading arms that have a restrictive envelope of motion," Strong continued. "Also many berthing and off-loading issues for LNG parallel the development of oil transfer technology going back 30 years or more. These developments will be witnessed at OTC now and in the future."

The General Session, titled "Liquefied Natural Gas-Understanding the Value Chain," is scheduled 1400 to 1630 (2 to 4:30 p.m.) on Tuesday, 4 May. One of two General Sessions scheduled for OTC, this presentation focuses on the LNG value chain. The moderator, Rodney Schmidt, Managing Director, PFC Energy, outlines the history and projects the future direction of LNG. Participants will discuss upstream operations; LNG processing; transportation, regasification, and distribution. They also address market forces and regional supply and demand requirements that underlie growth in the use of LNG.

"LNG supply plays a very significant role in making sure that future gas demand in North America is met," stated Schmidt. "Worldwide oil and gas companies, many present at OTC, already have begun committing billions of dollars to the development of fields, liquefaction facilities, LNG tankers and regasification facilities to make certain this supply will be available to U.S. consumers."

Participants for this session include:

  • Steve Lowden, Senior Vice President, Business Development and Integrated Gas, Marathon Oil Corporation
  • Anne Quinn, Group Vice President Gas & Power, BP
  • Charles Reimer, President, Freeport LNG Development, L.P.
  • Audie Setters, Vice President, International Marketing and Business Development, ChevronTexaco Global Gas

Two technical sessions on Monday also focus on LNG. First at 0930 to 1200 (9:30 a.m. to noon), "LNG and CNG Facilities and Handling" will be presented. Then, at 1400 to 1630 (2 to 4:30 p.m.), "Designing for Offshore LNG Terminals."

For more information on the complete OTC technical program, including speaker biographies, visit www.otcnet.org/2004.

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Founded in 1969, the Offshore Technology Conference is the world's foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. OTC is held annually in May at Reliant Center at Reliant Park in Houston. For more information, visit www.otcnet.org.

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