Stories tagged with "regasification"

LNG To The Rescue?

Posted by Dave Cohen on November 27, 2006 - 6:27pm
Topic: Supply/Production
Tags: fungibility, liquefaction, lng, lng market, regasification, shipping, us imports [list all tags]

As even a casual reading of the story The North American Red Queen: Our Natural Gas Treadmill indicates, the importance of future Liquified Natural Gas (LNG) imports to North America can hardly be overstated.


Declining U.S. Lower 48 Natural Gas Production
Source: North American Oil & Gas Plays Focus on the Non-Conventional (pdf) from IHS Energy
The decline in output is 2.2 trillion cubic feet (TcF)
off the 2002 baseline
Figure 1 — Click to Enlarge

This story will discuss the emergence of a globalized LNG market and the ability of that market to supply the high volumes of LNG that the United State will need to avoid future shortfalls. Will such a globalized market really come to pass? What form will it take? What does the current LNG market look like? How will the United States become integrated into the expanding LNG trade? These are the questions we shall examine here.

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Empire On the Edge--Betting On LNG **

Posted by Dave Cohen on January 23, 2006 - 12:15pm
Topic: Supply/Production
Tags: lng, lng terminals, natural gas imports, ngl, regasification, unconventional natural gas [list all tags]

** -- Or, Everything You Wanted Know about LNG but Were Afraid to Ask

Liquified natural gas (aka LNG) involves cooling the gas to minus 160 degrees (Celsius). That shrinks it to about 1/600th of its original volume, allowing significant quantities of this LNG to be loaded aboard tankers for shipment overseas. When the gas reaches its destination at an LNG terminal, the gas is reheated (regasification) and shipped through pipelines to end users.

[ED: Dave's really put together an amazing post here...much to read under the fold.]
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