stranded gas

The local player completes second field in Block 1(a) off the west coast of Trinidad. The unmanned platform is completely powered by solar and wind.

Roughly one-half of global gas reserves are considered stranded gas--uneconomical because of the remote location of potential markets, lack of economic transportation and infrastructure, or the lack of conversion technology. An FPSO with gas to liquids conversion is an option for stranded gas.

LNG will increasingly be the way to bring stranded gas to market so that it can meet demands for clean-burning fuels. LNG basics for engineers was the subject of a recent webinar presentation.

The discrepancy between crude and natural gas prices and estimates of increasing natural gas reserves are driving companies to study small-scale gas-to-liquids plants that can tie in multiple sources or stranded gas for a greater profit.