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Project – 6

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PROJECT NAME : FEASIBILITY STUDY FOR SETTING UP A STRADDLE PLANT FOR NGL EXTRACTION & FRACTIONATION AT ASHUGANJ, BANGLADESH .

PROJECT LOCATION  :   BANGLADESH

CONTRACT VALUE     :    USD 93K

DURATION                      :    3 MONTHS

PERIOD                             :    2009 – 2010

CLIENT

HYDROCARBON UNIT 

CONSULTANT

APEC – PEGASUS – JV

Project-4

 

SCOPE OF WORK :

Under international competitive bidding, Apec Consultants Ltd. and Pegasus International UK were awarded the contract for the consultancy services. 

Following were the Scope of Services:

  • Determine both proven and recoverable sources of NGL and estimates of the most likely additional NGL, which may be available as a result of contemporaneous exploration.
  • Determine extractable amount of NGL (including ethane) towards preparation of a techno- economic model to determine the feasibility of setting up a straddle plant for NGL Extraction including Fractionation which could process NGL from extraction plant.
  • Prepare conceptual design, cost estimates, economic analyses and opportunity cost comparisons for potential uses of NGL for petrochemical i.e. NGL mix feed ethylene cracker with polyethylene and polypropylene plants, olefins plants, etc.
  • Recommend other alternate use of NGL (including aromatics, methanol and derivatives) which may be economically competitive as well as attractive.
  • Recommend the best strategic use of the NGL components based on opportunity cost comparison.
  • Recommend prices for all products produced considering competing imported products and the potential for export and comment on the economic advantages and disadvantages of applying protective tariff.

PROJECT DESCRIPTION :

The main objective of the project was to prepare a feasibility project for setting up a straddle plant for NGL Extraction & Fractionation at Ashuganj.  

The Client also intended to check the techno-economic viability of this project with a view on the development of the petrochemical potential uses of NGLs.