Investment costs in the
Virtual Test
GRI NW Investment I1Virtual Test/Business Simulation
Bas Barten
Gas Transport Services
1
Virtual pipeline through 4 countries
Germany Netherlands Belgium
400 km
50 bar
50 bar
400 km
400 km
50 bar
France
400 km
50 bar
50 bar
2
Virtual pipeline through 4 countries
Germany Netherlands Belgium
400 km
50 bar
400 km
400 km
50 bar
50 bar
50 bar
France
400 km
50 bar
50 bar
80 bar
3
Investment costs for 48 inch
Yearly volume transported: 20 bcm
Capacity@7400 hours LF: 2,7 mln Nm3/h
CAPEX per country:
• 400 km 48 inch pipeline = 800 mln EUR
• 3 compressor stations ( each 35 MW) = 300 mln EUR
• Total CAPEX per country = 1,1 billion EUR
OPEX per country:
• OPEX for pipe and compressors = 21 mln EUR/year
• Fuel cost for compressors = 67 mln EUR/year (7400 running
hours per year)
4
Investment costs for 48 inch (36 inch)
Yearly volume transported: 20 bcm (10 bcm)
Capacity@7400 hours LF: 2,7 mln Nm3/h (1,35 mln Nm3/h)
CAPEX per country:
• 400 km 48 inch pipeline = 800 mln EUR (560)
• 3 compressor stations = 300 mln EUR (200)
• Total CAPEX per country = 1,1 billion EUR (760)
OPEX per country:
• OPEX for pipe and compressors = 21 mln EUR/year (14)
• Fuel cost for compressors = 67 mln EUR/year (7400 running
hours per year) (34)
5
Investment costs remarks
• No overhead costs or general administration only direct OPEX
(e.g maintenance and operation)
• Costs reflect the range of investment costs of the TSOs in the
active group (+/- 40 %) excluding tax
• We think more accurate estimation is unnecessary at the
moment and also not possible without complex studies taken
into account the exact route of the pipeline
• Fuel gas at gas price of 25 EUR/MWH
• Are two pipeline diameters sufficient?
6
Investment costs for steps in between
20
16
12
10
8
6
Pipeline
Inch
48"
48"
48"
36"
36"
36"
Length
Km
400
400
400
400
400
400
Compressor
# Stations
3
2
1
3
2
1
Volume
Bcm/year
20
16
12
10
8
6
Capacity
Mln Nm3/h
2,70
2,16
1,62
1,35
1,08
0,81
CAPEX Pipe
Mln Eur
800
800
800
560
560
560
OPEX Pipe
Mln EUR/year
12
12
12
8
8
8
CAPEX CS
Mln EUR
300
200
100
200
133
67
OPEX CS
Mln EUR/year
9
6
3
6
4
2
Fuel costs CS
Mln EUR/year
67,2
35,8
13,4
33,6
17,9
6,7
Fuel costs
CS/bcm
Mln EUR/year
3,4
2,2
1,1
3,4
2,2
1,1
• 20 bcm and 10 bcm are at their “limit”
• Other options can be expanded with adding Comp Stations
7
Thanks for your attention!
• Questions?
8