916 resultados para Liquefied Natural Gas (LNG)


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Liquefied natural gas (LNG) is being developed as a transportation fuel for heavy vehicles such as trucks and transit buses, to lessen the dependency on oil and to reduce greenhouse gas emissions. The LNG stations are properly designed to prevent the venting of natural gas (NG) from LNG tanks, which can cause evaporative greenhouse gas emissions and result in fluctuations of fuel flow and changes of fuel composition. Boil-off is caused by the heat added into the LNG fuel during the storage and fueling. Heat can leak into the LNG fuel through the shell of tank during the storage and through hoses and dispensers during the fueling. Gas from tanks onboard vehicles, when returned to LNG tanks, can add additional heat into the LNG fuel. A thermodynamic and heat transfer model has been developed to analyze different mechanisms of heat leak into the LNG fuel. The evolving of properties and compositions of LNG fuel inside LNG tanks is simulated. The effect of a number of buses fueled each day on the possible total fuel loss rate has been analyzed. It is found that by increasing the number of buses, fueled each day, the total fuel loss rate can be reduced significantly. It is proposed that an electric generator be used to consume the boil-off gas or a liquefier be used to re-liquefy the boiloff gas to reduce the tank pressure and eliminate fuel losses. These approaches can prevent boil-off of natural gas emissions, and reduce the costs of LNG as transportation fuel.

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This paper deals with the valuation of energy assets related to natural gas. In particular, we evaluate a baseload Natural Gas Combined Cycle (NGCC) power plant and an ancillary instalation, namely a Liquefied Natural Gas (LNG) facility, in a realistic setting; specifically, these investments enjoy a long useful life but require some non-negligible time to build. Then we focus on the valuation of several investment options again in a realistic setting. These include the option to invest in the power plant when there is uncertainty concerning the initial outlay, or the option's time to maturity, or the cost of CO2 emission permits, or when there is a chance to double the plant size in the future. Our model comprises three sources of risk. We consider uncertain gas prices with regard to both the current level and the long-run equilibrium level; the current electricity price is also uncertain. They all are assumed to show mean reversion. The two-factor model for natural gas price is calibrated using data from NYMEX NG futures contracts. Also, we calibrate the one-factor model for electricity price using data from the Spanish wholesale electricity market, respectively. Then we use the estimated parameter values alongside actual physical parameters from a case study to value natural gas plants. Finally, the calibrated parameters are also used in a Monte Carlo simulation framework to evaluate several American-type options to invest in these energy assets. We accomplish this by following the least squares MC approach.

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In its Communication on an Energy Union published in February 2015, the European Commission committed itself to “explore the full potential of liquefied natural gas (LNG), including as a back-up in crisis situations when insufficient gas is coming into Europe through the existing pipeline system” and to address the potential of gas storage in Europe by developing a comprehensive LNG and storage strategy by the end of 2015 or early in 2016. This is a comprehensible move in the current context. Geopolitical tensions between the EU and Russia explain the EU’s willingness to further diversify its supply sources of natural gas to reinforce its long-term energy security on the one hand, and to strengthen its ability to solve future crises on the other hand. Moreover, the current market dynamics could support diversification towards LNG. Increasing the flexibility of LNG trade, decreasing LNG prices and LNG charter rates and an apparent price convergence between the European and the Asia-Pacific LNG imports would all reinforce the economic viability of such a strategy. This Policy Brief makes three main points: • For the LNG and gas storage strategy to work, it needs to be embedded in the realities of the natural gas market. • The key to a successful LNG strategy is to develop sufficient infrastructure. • The LNG strategy needs an innovation component.

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On arvioitu, että koko maailmaa kattava energiantarve nousee 1,2 % vuosinopeudella. Asiaa ei kaunista se tosiasia, että valtaosa tänä päivänä tuotetusta energiasta (85 %) on lähtöisin fossiilisista polttoaineista. Päästöjen on arvioitu lisääntyvän 2005 – 2030 välisenä aikana noin 30 %, vaikka uusiutuvaa energiaa käytettäisiin ja prosessien hyötysuhteet paranisivat. Vuonna 2015 voimaan tuleva rikkidirektiivi on pakottanut asiantuntijat löytämään korvaavan energialähteen, joka vähentäisi päästöjen määrää, ja jota esiintyisi suurissa määrissä. Nesteytetty maakaasu, LNG, toteuttaa edellä mainitut ehdot. Tässä diplomityössä perehdytään LNG-teollisuuden arvoketjuun Suomessa sekä muualla maailmassa. Työssä pääpainona on selvittää ruostumattoman teräksen käyttömahdollisuuksia nykyisessä LNG-teollisuuden arvoketjussa sekä selvittää sen uusia sovelluskohteita LNG-alalla tulevaisuudessa. Diplomityössä on tehty laaja kirjallisuuskatsaus LNG:n arvoketjuun ja uuden EN 1.4420 ruostumattoman teräksen soveltuvuuteen kryogeenisissä lämpötiloissa. Työn aikana on myös tehty useita haastatteluja LNG-teollisuudessa toimivien henkilöiden kanssa. Menetelmäkokeita ja koehitsauksia on suoritettu näiden haastattelujen perusteella.

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Este proyecto trata sobre la gestión del boil-off gas, o BOG (vapor de gas natural que se produce en las instalaciones de gas natural licuado de las plantas de regasificación), generado en la planta de regasificación de Gas Natural Licuado de Cartagena, tanto en las situaciones en las que se opera por debajo del mínimo técnico, como en las cargas y descargas de buques, en las cuales se ha de gestionar una cantidad del boil-off adicional. Para recuperar el boil-off, las plantas cuentan con un relicuador (intercambiador de calor) en el que el BOG es relicuado por el GNL que se envía a los vaporizadores para ser regasificado y emitido a la red. De forma complementaria cuentan también con una antorcha/venteo donde se quema el exceso de boil-off que no puede ser tratado por el relicuador. Se procede a un análisis de la situación actual, y de cómo la baja demanda de regasificación dificulta la gestión del boil-off. Se simula el proceso de relicuación actual en distintas situaciones de operación. Ante la situación de baja demanda, ha aumentado considerablemente el número de días en los que las plantas españolas en general, y la planta de Cartagena en particular, operan por debajo del mínimo técnico, que es el nivel de producción mínimo para recuperar todo el boil-off generado en cualquier situación de operación al tiempo que mantiene en frío todas las instalaciones, y garantiza el 100% de disponibilidad inmediata del resto de los equipos en condiciones de seguridad de funcionamiento estable. Esta situación supone inconvenientes tanto operativos como medioambientales y acarrea mayores costes económicos, a los cuales da solución el presente proyecto, decidiendo qué alternativa técnica es la más adecuada y definiéndola. Abstract This project is about the management of the boil-off gas (BOG), natural vapour gas that is produced in liquefied natural gas (LNG) regasification plants. Specifically, the study is focused on the LNG regasification plant located in Cartagena, when it operates both below the technical minimum level of regasification and in the loading/unloading of LNG carriers, situations when it is needed to handle additional BOG. In order to make the most of BOG, the plants have a re-condenser (heat exchanger). Here, the BOG is re-liquefied by the LNG that is submitted to the vaporizers and delivered to the grid. The plants also have a flare/vent where the excess of BOG that cannot be treated by the re-condenser is burned. An analysis of the current situation of the demand is performed, evaluating how low markets demand for regasification difficult the BOG management. Besides, it is simulated the current re-liquefaction operating in different environments. Due to the reduction of the demand for natural gas, the periods when Spanish LNG regasification plants (and particularly the factory of Cartagena) are operating below the technical minimum level of regasification are more usual. This level is the minimum production to recover all the BOG generated in any operating situation while maintaining cold all facilities, fully guaranteeing the immediate availability from other equipment in a safely and stable operation. This situation carries both operational and environmental drawbacks, and leads to higher economic costs. This project aims to solve this problem, presenting several technical solutions and deciding which is the most appropriate.

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O Gás Natural Liquefeito (GNL) tem, aos poucos, se tornado uma importante opção para a diversificação da matriz energética brasileira. Os navios metaneiros são os responsáveis pelo transporte do GNL desde as plantas de liquefação até as de regaseificação. Dada a importância, bem como a periculosidade, das operações de transporte e de carga e descarga de navios metaneiros, torna-se necessário não só um bom plano de manutenção como também um sistema de detecção de falhas que podem ocorrer durante estes processos. Este trabalho apresenta um método de diagnose de falhas para a operação de carga e descarga de navios transportadores de GNL através da utilização de Redes Bayesianas em conjunto com técnicas de análise de confiabilidade, como a Análise de Modos e Efeitos de Falhas (FMEA) e a Análise de Árvores de Falhas (FTA). O método proposto indica, através da leitura de sensores presentes no sistema de carga e descarga, quais os componentes que mais provavelmente estão em falha. O método fornece uma abordagem bem estruturada para a construção das Redes Bayesianas utilizadas na diagnose de falhas do sistema.

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Japan’s two major electricity producing companies reached a preliminary agreement recently to establish a joint venture for the procurement of fossil fuel resources, primarily liquefied natural gas (LNG). The authors of this commentary ask whether this commercial initiative could serve as an example to Europe of how to increase the negotiating power of individual EU member states. They conclude that a private joint gas procurement company may indeed offer a solution for EU member states in Central and Eastern Europe, instead of yet another source of confrontation. Given the political volatility in the region, it could well be the key to balancing out the need for security of supply with an offer to guarantee security of demand, thereby creating the climate for stable commercial relations.

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With growing demand for liquefied natural gas (LNG) and liquid transportation fuels, and concerns about climate change and causes of greenhouse gas emissions, this master’s thesis introduces a new value chain design for LNG and transportation fuels and respective fundamental business cases based on hybrid PV-Wind power plants. The value chains are composed of renewable electricity (RE) converted by power-to-gas (PtG), gas-to-liquids (GtL) or power-to-liquids (PtL) facilities into SNG (which is finally liquefied into LNG) or synthetic liquid fuels, mainly diesel, respectively. The RE-LNG or RE-diesel are drop-in fuels to the current energy system and can be traded everywhere in the world. The calculations for the hybrid PV-Wind power plants, electrolysis, methanation (H2tSNG), hydrogen-to-liquids (H2tL), GtL and LNG value chain are performed based on both annual full load hours (FLh) and hourly analysis. Results show that the proposed RE-LNG produced in Patagonia, as the study case, is competitive with conventional LNG in Japan for crude oil prices within a minimum price range of about 87 - 145 USD/barrel (20 – 26 USD/MBtu of LNG production cost) and the proposed RE-diesel is competitive with conventional diesel in the European Union (EU) for crude oil prices within a minimum price range of about 79 - 135 USD/barrel (0.44 – 0.75 €/l of diesel production cost), depending on the chosen specific value chain and assumptions for cost of capital, available oxygen sales and CO2 emission costs. RE-LNG or RE-diesel could become competitive with conventional fuels from an economic perspective, while removing environmental concerns. The RE-PtX value chain needs to be located at the best complementing solar and wind sites in the world combined with a de-risking strategy. This could be an opportunity for many countries to satisfy their fuel demand locally. It is also a specific business case for countries with excellent solar and wind resources to export carbon-neutral hydrocarbons, when the decrease in production cost is considerably more than the shipping cost. This is a unique opportunity to export carbon-neutral hydrocarbons around the world where the environmental limitations on conventional hydrocarbons are getting tighter.

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Gas suppliers including Russia are facing the gas market uncertainty caused by the fast growing development of shale gas and liquefied natural gas (LNG). Given that Russia is one of the key energy suppliers in the world, Russian energy policy is intensively studied. However, the majority of the researches focus on the conventional gas sector and very few focus on the unconventional gas sector such as shale gas and LNG. In this light, this thesis aims at examining how the gas market uncertainty is framed in Russian gas export policy as well as discover how the interaction between underlying ideas and the policy frames informs policymaking. After analyzing Russian official documents, three policy frames were identified: shale gas—competition frame, LNG—cooperation frame and cooperation—competition frame. The shale gas—competition frame emphasizes the confrontation with the shale revolution in the USA. The LNG—cooperation frame rests on the idea of building cooperation with the Asia-Pacific region by the LNG trade. The cooperation—competition frame describes the oscillating Russia-EU relationship. Both the economic and ecological dimensions in the policy environment enable these three policy frames. However, the cooperation frame is constrained by the physical dimension since Russia has only one LNG facility in use. The institutional dimension underpins the idea of competition in the cooperation—competition frame. The reason is because of the divergent perspectives between Russia and the EU regarding regulations and market liberalizations. In sum, the result is different from the traditional geopolitical frame which depicts Russia as an energy superpower. Instead, this thesis suggests that Russia is shifting the priority from political interests to business interests in Russian gas export policy, particularly in the domain of shale gas and LNG.

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Sediment contaminants were monitored in Milford Haven Waterway (MHW) since 1978 (hydrocarbons) and 1982 (metals), with the aim of providing surveillance of environmental quality in one of the UK’s busiest oil and gas ports. This aim is particularly important during and after large-scale investment in liquefied natural gas (LNG) facilities. However, methods inevitably have changed over the years, compounding the difficulties of coordinating sampling and analytical programmes. After a review by the MHW Environmental Surveillance Group (MHWESG), sediment hydrocarbon chemistry was investigated in detail in 2010. Natural Resources Wales (NRW) contributed their MHW data for 2007 and 2012, collected to assess the condition of the Special Area of Conservation (SAC) designated under the European Union Habitats Directive. Datasets during 2007-2012 have thus been more comparable. The results showed conclusively that a MHW-wide peak in concentrations of sediment polycyclic aromatic hydrocarbons (PAHs), metals and other contaminants occurred in late 2007. This was corroborated by independent annual monitoring at one centrally-located station with peaks in early 2008 and 2011. The spatial and temporal patterns of recovery from the 2007 peak, shown by MHW-wide surveys in 2010 and 2012, indicate several probable causes of contaminant trends, as follows: atmospheric deposition, catchment runoff, sediment resuspension from dredging, and construction of two LNG terminals and a power station. Adverse biological effects predictable in 2007 using international sediment quality guidelines, were independently tested by data from monitoring schemes of more than a decade duration in MHW (starfish, limpets), and in the wider SAC (grey seals). Although not proving cause and effect, many of these potential biological receptors showed a simultaneous negative response to the elevated 2007 contamination following intense dredging activity in 2006. Wetland bird counts were typically at a peak in the winter of 2005-2006 previous to peak dredging. In the following winter 2006-2007, shelduck in Pembroke River showed their lowest winter count, and spring 2007 was the largest ever drop in numbers of broods across MHW between successive breeding seasons. Wigeon counts in Pembroke River were again low in late 2012 after further dredging nearby. These results are strongly supported by PAH data reported previously from invertebrate bioaccumulation studies in MHW 2007-2010, themselves closely reflecting sediment

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A presente tese engloba cinco trabalhos sobre dois setores brasileiros de infraestrutura: setor de energia e de transportes. No primeiro trabalho, modela-se o lance dos leilões de linhas de transmissão de energia, buscando compreender porque os lances ganhadores têm se situado em níveis abaixo do que se espera. No segundo paper, estima-se a demanda de energia do Brasil e as elasticidades preço e renda que os consumidores apresentem em relação a essa demanda, usando uma técnica ainda não aplicada na literatura e incluindo o período da Crise do Racionamento – a qual pode ter mudado o padrão de consumo dos agentes. No terceiro trabalho, estuda-se a evolução do mercado de gás natural liquefeito (GNL) ao redor do mundo. O GNL pode ser o link que faltava entre os mercados de gás natural e essa hipótese é testada por meio de análises de séries de tempo e de cópulas. O quarto paper discute a entrada do GNL no sistema energético brasileiro e suas eventuais consequências. Por fim, o quinto paper analisa a experiência de leilões de rodovias no Brasil. O trabalho levanta relevantes insights a respeito do modelo de leilão utilizado e dos detalhes contratuais dessas licitações.

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This report analyses the agriculture, energy, and health sectors in Trinidad and Tobago to assess the potential economic impacts of climate change on the sectors. The fundamental aim of this report is to assist with the development of strategies to deal with the potential impact of climate change on Trinidad and Tobago. It also has the potential to provide essential input for identifying and preparing policies and strategies to help advance the Caribbean subregion closer to solving problems associated with climate change and attaining individual and regional sustainable development goals. Some of the key anticipated impacts of climate change for the Caribbean include elevated air and sea-surface temperatures, sea-level rise, possible changes in extreme events and a reduction in freshwater resources. The economic impact of climate change on the three sectors was estimated for the A2 and B2 IPCC scenarios until 2050. An exploration of various adaptation strategies was also undertaken for each sector using standard evaluation techniques. The study of the impact of climate change on the agriculture sector focused on root crops, green vegetables and fisheries. For these sectors combined, the cumulative loss under the A2 scenario is calculated as approximately B$2.24 and approximately B$1.72 under the B2 scenario by 2050. This is equivalent to 1.37% and 1.05% of the 2008 GDP under the A2 and B2 scenarios, respectively. Given the potential for significant damage to the agriculture sector a large number of potential adaptation measures were considered. Out of these a short-list of 10 potential options were selected by applying 10 evaluation criteria. All of the adaptation strategies showed positive benefits. The analysis indicate that the options with the highest net benefits are: (1) Building on-farm water storage, (2) Mainstreaming climate change issues into agricultural management and (3) Using drip irrigation. Other attractive options include water harvesting. The policy decisions by governments should include these assessments, the omitted intangible benefits, as well as the provision of other social goals such as employment. The analysis of the energy sector has shown that the economic impact of climate change during 2011-2050 is similar under the A2 (US$142.88 million) and B2 (US$134.83 million) scenarios with A2 scenario having a slightly higher cost (0.737% of 2009 GDP) than the B2 scenario (0.695% of 2009 GDP) for the period. On the supply side, analyses indicate that Trinidad and Tobago’s energy sector will be susceptible to the climate change policies of major energy-importing countries (the United States of America and China), and especially to their renewable energy strategies. Implementation of foreign oil substitution policy by the United States of America will result in a decline in Trinidad and Tobago’s Liquefied Natural Gas (LNG) export (equivalent to 2.2% reduction in 2009 GDP) unless an alternative market is secured for the lost United States of America market. China, with its rapid economic growth and the highest population in the world, offers a potential replacement market for Trinidad and Tobago’s LNG export. In this context the A2 scenario will offer the best option for Trinidad and Tobago’s energy sector. The cost-benefit analysis undertaken on selected adaptation strategies reveal that the benefit-cost ratio of replacing electric water heaters with solar water heaters is the most cost-effective. It was also found that the introduction of Compact Fluorescent Light (CFL) and Variable Refrigerant Volume (VRV) air conditioners surpasses the projected cost of increased electricity consumption due to climate change, and provides an economic rationale for the adoption of these adaptation options even in a situation of increased electricity consumption occasioned by climate change. Finally, the conversion of motor fleets to Compressed Natural Gas (CNG) is a cost-effective adaptation option for the transport sector, although it has a high initial cost of implementation and the highest per capita among the four adaptation options evaluated. To investigate the effect of climate change on the health sector dengue fever, leptospirosis, food borne illnesses, and gastroenteritis were examined. The total number of new dengue cases for the period 2008 to 2050 was 204,786 for BAU, 153,725 for A2 and 131,890 for the B2 scenario. With regard to the results for leptospirosis, A2 and B2 seem to be following a similar path with total number of new cases in the A2 scenario being 9,727 and 9,218 cases under the B2 scenario. Although incidence levels in the BAU scenario coincided with those of A2 and B2 prior to 2020, they are somewhat lower post 2020. A similar picture emerges for the scenarios as they relate to food-borne illnesses and to gastroenteritis. Specifically for food-borne illnesses, the BAU scenario recorded 27,537 cases, the A2 recorded 28,568 cases and the B2 recorded 28,679 cases. The focus on the selected sources of morbidity in the health sector has highlighted the fact that the vulnerability of the country’s health sector to climate change does not depend solely on exogenously derived impacts, but also on the behaviour and practices among the population. It is clear that the vulnerability which became evident in the analysis of the impacts on dengue fever, leptospirosis and food-borne illnesses is not restricted solely to climate or other external factors. The most important adaptation strategy being recommended targets lifestyle, behaviour and attitude changes. The population needs to be encouraged to alter their behaviours and practices so as to minimise their exposure to harmful outcomes as it relates to the incidence of these diseases.

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The energy sector is a dominant one in Trinidad and Tobago and it plays an important role in the twin-island republic‟s economy. In 2008, the share of the energy sector in gross domestic product (GDP) amounted to approximately 48% while contributing 57% to total Government revenue. In that same year, the sector‟s share of merchandise exports was 88%, made up mainly of refined oil products including petroleum, liquefied natural gas (LNG), and natural gas liquids (Central Bank of Trinidad and Tobago, 2009). Trinidad and Tobago is the main exporter of oil in the Caribbean region and the main producer of liquefied natural gas in Latin America and the Caribbean. The role of the country‟s energy sector is, therefore, not limited to serving as the engine of growth for the national economy but also includes providing energy security for the small island developing States of the Caribbean. However, with its hydrocarbon-based economy, Trinidad and Tobago is ranked seventh in the world in terms of carbon dioxide (CO2) emissions per capita, producing an estimated 40 million tonnes of CO2 annually. Almost 90% of these CO2 emissions are attributed directly to the energy sector through petrochemical production (56%), power generation (30%) and flaring (3%). Trinidad and Tobago is a ratified signatory to the United Nations Framework Convention on Climate Change and the Kyoto Protocol. Although, as a non-Annex 1 country, Trinidad and Tobago is not required to cut its greenhouse gas emissions under the Protocol, it is currently finalizing a climate change policy document as well as a national energy policy with specific strategies to address climate change. The present study complements the climate change policy document by providing an economic analysis of the impact that climate change could have on the energy sector in Trinidad and Tobago under the Intergovernmental Panel on Climate Change alternative climate scenarios (A2 and B2) as compared to a baseline situation of no climate change. Results of analyses indicate that, in the short-run, climate change, represented by change in temperature, is not a significant determinant of domestic consumption of energy, electricity in particular, in Trinidad and Tobago. With energy prices subsidized domestically and fixed for years at a time, energy price does not play a role in determining electricity demand. Economic growth, as indicated by Gross Domestic Product (GDP), is the single major determinant of electricity consumption in the short-run. In the long-run, temperature, GDP, and patterns of electricity use, jointly determine electricity consumption. Variations in average annual temperature due to climate change for the A2 scenario are expected to lead to an increase in electricity consumption per capita, equivalent to an annual increase of 1.07% over the 2011 baseline value of electricity consumption per capita. Under the B2 scenario, the average annual increase in electricity consumption per capita over the 2011 baseline value is expected to be 1.01%. The estimated economic impact of climate change on electricity consumption for the period 2011-2050 is valued at US$ 142.88 million under the A2 scenario and US$ 134.83million under the B2 scenario. These economic impact estimates are equivalent to a loss of 0.737% of 2009 GDP under the A2 climate scenario and a loss of 0.695% of 2009 GDP under the B2 scenario. On the energy supply side, sea level rise and storm surges present significant risks to oil installations and infrastructure at the Petroleum Company of Trinidad and Tobago (PETROTRIN) Pointe-a-Pierre facilities (Singh and El Fouladi, 2006). However, data limitations do not permit the conduct of an economic analysis of the impact of projected sea level rise on oil and gas production.

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Current social demand for more environmentally-friendly fuels environment has imposed stringent emissions standards infectious greenhouse affecting all means of transport, including maritime. A few free zones emissions (ECA) in waters around the world have been established. This has driven to the Liquefied Natural Gas (LNG) as the fuel of the future for ships to comply with emissions laid down by the Convention International Prevention of the Pollution from Ships (MARPOL). The present work proposes the installation of a LNG station for ships in the future regasification plant of Granadilla (Santa Cruz de Tenerife). The work has understood the design and sizing of the receiving of the regasification plant terminal pipelines, as well as pipes for the LNG station. La demanda social actual por combustibles más respetuosos con el medio ambiente ha impuesto unas estrictas normas de emisiones de gases infecto invernadero que afectan a todos los medios de transporte, incluido el marítimo. Se han establecido unas zonas libres de emisiones (ECA) en aguas de todo el mundo. Esto ha impulsado al Gas Natural Licuado (GNL) como el combustible del futuro para buques para cumplir con las emisiones fijadas por la Convención Internacional de Prevención de la Contaminación de Barcos (MARPOL). El presente trabajo propone la instalación de una gasinera para buques en la futura planta de regasificación de Granadilla (Santa Cruz de Tenerife). El trabajo ha comprendido el diseño y dimensionamiento de las tuberías de la terminal de recepción de la planta de regasificación, así como las tuberías para la gasinera.