Real Time Engineering has been selected by Dragon LNG to deliver its hydrocarbon accounting product, RT-HAS, to manage and automate the key commercial processes within its liquefied natural gas (LNG) import and storage facility at Milford Haven, UK.
Dragon LNG, the standalone business formed in 2004 by its three shareholders BG Group (50%), Petronas (30%) and 4Gas (20%), to develop and operate the facility, chose RT-HAS to handle the terminal's processes including LNG unloading, inventory and allocation of gas sent out to the National Transmission System (NTS).
LNG will be delivered by LNG tankers to the jetties at Milford Haven, where it will be pumped into the two storage tanks capable of storing up to 320,000 cubic meters. From the storage tanks the liquid gas is regasified and distributed to consumers via a gas pipeline connecting to the NTS used to distribute all UK gas.
Real Time's RT-HAS product, which has been specifically designed for LNG management, has been used in numerous terminals and facilities for hydrocarbon management and is currently used at the only other LNG facility in the UK.
"RT-HAS has once again proved itself to be the premier LNG management package in the UK and we're delighted to be working alongside Dragon," said Robert McSaveney, Real Time's Oil & Gas Software Manager.
The Dragon LNG terminal is currently under development at Waterston, Milford Haven in Wales. Christiaan Storm de Grave, Commercial Manager for Dragon, said, "Real Time's RT-HAS product was selected after a comprehensive bid evaluation and provides us with a packaged solution at an excellent value.
The North Sea gas fields have created an extensive market in the UK for natural gas since the 1970's with some 18 million homes using gas as their primary heating source. As the gas fields decline, new sources are needed and the UK has become a net gas importer. By cooling natural gas to its liquid form at -160oC the volume is reduced by a factor of 600:1, enabling it to be economically transported by ship.
Real Time Engineering is a provider of specialist business consultancy and IT solutions to the energy & utilities, oil & gas, telecoms, aviation and the public sector. With over 140 staff, it has offices in London, Edinburgh, Aberdeen, and Qatar.