Methanol Plant Design From Jambi Merang Natural Gas As An Alternative Energy Storage

Kusdiana, Rayhan Deandra and Wicaksono, Aryasatya (2025) Methanol Plant Design From Jambi Merang Natural Gas As An Alternative Energy Storage. Other thesis, Institut Teknologi Sepuluh Nopember.

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Abstract

The increasing global demand for sustainable energy solutions has positioned methanol as a key alternative for energy storage and supply. This project focuses on the design of a methanol manufacturing plant that uses natural gas from the Jambi Merang gas resource in South Sumatra. The plant's capacity is set at that the daily production capacity is 954.79 tons/day or the same as 315,083.18 tons/year, which will contributing the meet demand to Indonesia's methanol needs in 2027 and fulfilling the import burden by 4.42% in 2027, which the location of the plant is is planned to be established in Muara Sungsang, Banyuasin II, Banyuasin Regency, South Sumatra. The methanol production process consists of three main stages: Syngas Reformer, Methanol Synthesis, and Methanol Purification. The plant is scheduled to commence operations in 2025 with a plant lifespan of 20 years. To meet the annual methanol production capacity in this plant, an Operating Expenditure (OPEX) of $117,421,063 is required, along with a Capital Expenditure (CAPEX) of $158,750,488. Economic analysis reveals an Internal Rate of Return (IRR) of 19.81% with a bank deposit interest rate of 8.05%, inflation rate of 1.57%/year, and 30% rate of income tax.. The Pay Out Time (POT) needed for the plant's establishment is 4.89 years. Based on these calculations, the Break-Even Point (BEP) is found to be 46.88%, and the Net Present Value (NPV) is $124,778,855 This holistic approach not only improves the plant's economic feasibility, but also positions it as a strategic asset in Indonesia's energy transition, increasing its competitiveness in the global methanol markets.

Item Type:	Thesis (Other)
Uncontrolled Keywords:	Methanol production, natural gas, Economic feasibility study, Market Competitiveness, energy storage
Subjects:	T Technology > TP Chemical technology T Technology > TP Chemical technology > TP155.5 Chemical plants--Design and construction
Divisions:	Faculty of Industrial Technology and Systems Engineering (INDSYS) > Chemical Engineering > 24201-(S1) Undergraduate Thesis
Depositing User:	Rayhan Deandra Kusdiana
Date Deposited:	24 Jul 2025 03:14
Last Modified:	24 Jul 2025 03:14
URI:	http://repository.its.ac.id/id/eprint/120928

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