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Natural Gas Developments

Discussions of conventional and alternative energy production technologies.

Natural Gas Developments

Unread postby vampyregirl » Mon 28 Jan 2008, 02:23:33

Orman Lange field in the Norwegian Sea has three wells currently producing and 20 more planned. It has a potential output of 70 million cubic metres per day. By 2010 it will be supplying 20% of britains gas demand and will eventually be supplying gas to other European nations such as France and Germany.
Natural gas fields are under development in the eastern Meditteranean as well.
The Pearl GTL should be completed by 2010. It will be by far the largest Syndiesel plant in the world and will be producing 260k bpd of syndiesel for the European market.
In China fields are being developed and there is a project to extract Methane gas from coal beds. China is also buying large amounts of LNG from Australia. Increasing natural gas use is a priority for the Chinese government who want to reduce dependence on coal burning.
Japanese Mitsubishi Corporation has bought a fairly large share in the Sakhalin Island project in Siberia. This allows Mitsubishi Electric to have there own LNG source instead of having to buy it from other energy producers.
Whats the point of this post? Nothing really, just a little news if anyone is interested
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Re: Natural Gas Developments

Unread postby americandream » Mon 28 Jan 2008, 03:13:32

Could you post us your take market developments as well. Happy energy news does not appear to be echoed in the markets so I'm kinda curious whether you've taken cognisance of what's unfolding and if so, whether your optimistic take can perhaps be applied to interpreting the indexes. I'm not being a cynic, I'ld just like an energy optimists views on long term market trends as I trade.

Thanks
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Re: Natural Gas Developments

Unread postby vampyregirl » Mon 28 Jan 2008, 03:41:34

Are you looking for infromation on spot market developments for LNG? Price indexes for NG? Or all of the above?
If you're choosing a company to invest in id recomend the Royal Dutch Shell Group and no its not just because i work for them. Shell is the largest producer of natural gas and the creator of GTL technology among other things.
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Russian Arctic natural gas comes to India

Unread postby AdamB » Wed 28 Mar 2018, 20:44:53


It was the first ever shipload of Russian Arctic LNG to India. And more is to come. According to Lev Feodosev, Deputy Chairman of Novatek’s Management Board, the Asian market is considered of major importance for the company’s LNG project in Yamal. «One of our main priorities, which is laid down in the company’s strategy until year 2030, is the geographic expansion of deliveries and enhanced presence in key Asian markets,» he says. «The first delivery of LNG to the growing Indian market is an important first step in this direction». Since Novatek launched production at its Yamal LNG plant, out-shipments of more than one million tons of liquified gas has been made. A total of four brand new and powerful LNG carriers now shuttle to and from the project terminal of Sabetta, and another 11 vessels of the kind are under construction. The ships have powerful


Russian Arctic natural gas comes to India
Peak oil in 2020: And here is why: https://www.youtube.com/watch?v=2b3ttqYDwF0
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Re: Natural Gas Developments

Unread postby ROCKMAN » Tue 12 Jun 2018, 11:27:51

Might be part of the solution for the EU escaping Russian NG. From

https://www.rigzone.com/news/wire/afric ... 3-article/

(Bloomberg) -- On a tropical island just off the coast of Nigeria, hundreds of engineers work around the clock to produce liquefied natural gas at a plant the size of Lower Manhattan. Operator Nigeria LNG Ltd. says it will decide later this year whether to invest more than $10 billion to boost capacity by 40 percent. That would allow the Bonny Island terminal -- an hour’s ferry ride from the oil hub of Port Harcourt -- to export as much as 66 million cubic meters (30 million tons) a year to markets in Europe and Asia.

NLNG’s shareholders -- Royal Dutch Shell Plc, Total SA, Eni SpA and state-controlled Nigerian National Petroleum Corp. -- must weigh the benefits of expanding their profitable venture against the threat of higher taxes, pipeline vandalism in the Niger River delta and volatile gas prices. Those concerns have already delayed the project first mooted in 2012. Any further interruptions will increase the risk that Africa’s biggest oil producer misses the global transition to cleaner fuels and a chance to reduce its stuttering economy’s reliance on crude.
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