This article describes a dynamic, control relevant, mechanistic model of the TEALARC liquified natural gas process. The model is to be used for both steady-state and dynamic controllability analysis. The model therefore needs to be computationally light, but still include enough complexity such as to study the impact of capacity constraints on the control structure. Structured assumptions have been used to obtain simplified representations of gas/liquid flows and thermodynamic properties. The steady-state operating points of the dynamic model have been adapted to a given steady-state process design model. The paper demonstrates that the model is well suited for operability analysis. Steady-state and dynamic characteristics are illustrated.