Country: Trinidad & Tobago
Region: West Indies
Industry: Petro-Chemical
Liquefied Gas Terminal Setup
Facts: The world leader in gases is operating 2 Air Separation Plants producing, Argon, Oxygen and Nitrogen gases. Liquid Argon demand in the country is far from being absorbed. Excess of gas is vented back to the atmosphere resulting in serious lack of Revenues.
Project Management: Increase Storage Capacity - Recapture Vented Gas - Liquefaction - Find new markets in surrounding geographies - Market Gas - Setup of Shipping Solutions.
Project attributes:
- Large quantity of Gas available
- Liquefaction Capability
- Storage Tanks
- Proximity to Port Facility
- Investment in Iso-Containers
Conducted Business Development missions in the Caribbean, Central & South America.
Feasibility and Technical studies: Investigated way to ship liquefied gas and Invested in 42 ISO 20' Containers.
Shipping Solutions: Consulted all major available shipping lines with best scheduled and shortest transit time.
Execution: Managed to Export Liquid Gases to French Guyana, Venezuela, Colombia, Panama, Chile, Brasil, Chile, Jamaica, Dominican Republic, Puerto Rico, Martinique, Guadeloupe and Morocco.
Overall Achievement: Created a profitable new Business Unit "Export Division" which became a regional Shipping Hub. Generated additional pure Operating Profit and Revenues line in P&L.
Return on Investment of 17 Months.