Small-scale advantages
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- We see small-scale LNG transportation as a complement to the existing world-wide distribution network but it has particular advantages in certain situations.
- Small-scale LNG gives flexibility and it is cost effective. Smaller terminals can be constructed much more quickly than the traditional, enormous receiving terminals and at less cost. They also have less impact on the environment.
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And instead of committing to pipeline projects, it is easier to add vessels in when needed, building up capacity, rather than having to fill pipelines.
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Pipelines also take time to build and with demand for LNG climbing, smaller LNG vessels can step into the market and immediately offer capacity to meet today's demands.
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The ability to add vessels in or withdraw them means that it is much easier to adapt to the peaks and troughs in demand. These fluctuations in demand can be a result of big temperature changes or the tourist market, which leads to surges and dips in demand for energy use.
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- Being able to transport LNG in smaller quantities to smaller terminals means that the end-user does not have to be located near the pipeline network and customers get the chance to switch to natural gas - a much more environmentally-friendly energy source. And naturally, it makes sense when serving smaller communities and islands. Moreover LNG can be used as fuel for ferries and trucks, reducing emissions.
- Ultimately, smaller-scale LNG distribution can mean that the number of very large receiving terminals could be reduced, instead there could be a number of smaller satellite terminals.
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- Anthony Veder's vessels can also be deployed to help with shifting stock between large and small terminals or if there is unexpected demand at a particular terminal.
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