Efficient and cost-effective construction of LNG storage tanks is vital for the global energy landscape. The growing demand for natural gas, coupled with the need for energy security, makes optimising LNG storage a priority. Streamlining the construction process of LNG tanks can lead to faster project completion, reduced costs, and increased LNG availability, ultimately benefitting both producers and consumers. Remote locations present significant challenges for on-site construction due to limited accessibility, lack of infrastructure, difficulties with transportation of materials and personnel, potential environmental constraints, and increased logistical complexities, often leading to higher costs and potential safety concerns. Construction in harsh climates can be unpredictable and costly. Additionally, high labour cost areas pose a significant challenge to the economics of a project. All these issues and concerns can be mitigated by applying modular tank technology.
As CB&I continues to innovate LNG tank designs and product delivery models to help reduce risks, improve construction schedules, and optimise overall project economics, the company has developed a comprehensive mid-scale modular tank design and execution plan.
Mark Butts, Alex Cooperman, and Yogesh Meher, CB&I, assess mid-scale modular LNG tank technology as a tool for reducing costs and scheduling.
Published by: CB&I
Source: LNG Industry
Copyright: 2025 CB&I. All rights reserved.