LNG
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Natural gas is the only fossil fuel that will maintain its share in the energy mix of the coming decades, mainly supported by policies to reduce air pollution and greenhouse gas emissions.
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The US Energy Information Administration reports that increased liquefaction and utilization from new facilities has led to a jump in LNG exports in 2017.
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Total is making an LNG push by spending up to $2 billion for assets belonging to fellow French firm Engie.
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A proactive approach with EPC contract bidders to front-end load HSE strategies will pay dividends. This paper discusses the HSE management strategy for the Lake Charles Liquefied Natural Gas project.
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LNG as a fuel source has been an energy staple for many Asia-Pacific countries for decades, and is increasing in importance in other regions as countries look to diversify their energy mix.
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The US is emerging as a gas-exporting nation, and that is going to mean big changes globally.
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Global trade for LNG is projected to rise by 50% by 2020. There is a clear acceleration in demand for small- and medium-scale LNG, necessitating splitting of LNG into smaller load parcels. Transfer methods applicable to deeper water, smaller LNG carriers, and harsh environments are critical.
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Petronas cancels plans for the development of the Pacific Northwest LNG project in British Columbia intended to take away natural gas from the Montney formation for shipping to Asian countries. Low LNG prices strike a blow to the feasibility of the project.
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New approaches to arctic activities include a concept for an offshore ice-resistant LNG export terminal, the design of subsea pipelines, and the optimal routing for the pipelines to mitigate the unique risks in arctic regions such as ice-gouging and permafrost thaw.
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One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.