Ageing and Life Review (ALR): major Liquified Natural Gas (LNG) import terminal
Ageing and Life Review (ALR): major Liquified Natural Gas (LNG) import terminal
2 Pages— OIL AND GAS CASE STUDY - MAJOR LIQUIFIED NATURAL GAS (LNG) IMPORT TERMINAL Ageing and Life Review (ALR) A major Liquified Natural Gas (LNG) import terminal operates assets of varying capacities and ages, ranging from 5 to 30 years old, against different contracted commitments. The operator required an ALR to be carried out to identify the risks to future operations, focussed at an asset item (equipment) level, in order that business decisions could be made on the future modes of operation of the terminal. The purpose of the ALR was to develop an action plan to determine the investment required to ensure the terminal’s optimum operation, aligned to fitness for purpose and maintaining integrity, for the remaining contractual years of operation and to consider potential exten
