scholarly journals Spinning Liquid Gold

2014 ◽  
Vol 136 (07) ◽  
pp. 32-37
Author(s):  
John Kosowatz
Keyword(s):  
United States ◽  
Natural Gas ◽  
The United States ◽  
Liquefied Natural Gas ◽  
Gas Industry ◽  
Natural Gas Industry ◽  
Production Techniques ◽  
International Demand ◽  
Advanced Drilling ◽  
Local Use

This article discusses the economic growth opportunities due to liquefied natural gas (LNG) in the United States. Advanced drilling and production techniques have given the United States more natural gas than its markets can handle. Converting that bounty into liquefied natural gas promises to transform the U.S. gas industry into a global energy power. LNG is the generally preferred form of natural gas for use in long-haul heavy-duty trucks, because liquefying it reduces volume. More fuel can be loaded into the tank. Local-use vehicles, which operate from a central yard, often use CNG. For LNG, the only serious limits that people are talking about today are related to infrastructure costs, particularly in the development of exports. Even if the international demand for LNG stays high, exports from the United States cannot happen for a few years because of the time needed for plant construction. Optimism reigns among players throughout the natural gas industry.

scholarly journals Regulation and Deregulation of the Natural Gas Industry in the United States

1986 ◽  
Vol 25 (1) ◽  
pp. 2
Author(s):  
Arnold R. Madigan ◽  
Deborah A. MacDonald ◽  
Dari R. Dornan ◽  
Henry C. Jr. Rosenthal
Keyword(s):  
United States ◽  
Natural Gas ◽  
The United States ◽  
Gas Industry ◽  
Industry Regulation ◽  
Natural Gas Industry

This paper deals with the effects of natural gas industry regulation and deregulation in the United States on the marketing of Canadian gas.

Risk Assessment of Incidents Response for Downstate New York Natural Gas Distribution Infrastructure

2019 ◽  
Vol 8 (2) ◽  
pp. 31-65
Author(s):  
Brian J. Galli ◽  
Aamir Khizar
Keyword(s):  
United States ◽  
Risk Assessment ◽  
New York ◽  
Natural Gas ◽  
The United States ◽  
Gas Distribution ◽  
Gas Industry ◽  
Natural Gas Pipelines ◽  
Natural Gas Pipeline ◽  
Natural Gas Industry

In the United States today, there are thousands of miles of an extended network of natural gas pipelines across the nation. Current pipeline explosions and leaks in several regions have challenged the natural gas industry to re-evaluate efforts and to pursue proactive strategies. Safety and the environmental threat has become a primary concern in the United States and around the world, but mostly in cases where natural gases, oil, and other hazardous wastes are intricate. Thus, a significant point in the natural gas pipeline industry that signifies both the economic and social issue is the unplanned pipeline risk. In this article, a quantitative data analysis was performed for Downstate New York companies, Con Edison and National Grid. There, the data from various natural gas pipelines was observed for the trend regarding failing material, failure cause, aging characteristics, and perform a risk assessment to come up with training and risk checklist that could be crucial for risk handling strategies. The statistical analyses of the natural gas pipeline-related incident data for distribution pipelines between 2012 and 2016, which were composed from Pipeline and Hazardous Material Safety Administration (PHMSA) of the United States Department of Transportation (DOT), are compiled. The total miles in the gas distribution pipelines in downstate New York is approximately 48,539 as of 2016. The equipment failure, other incident cause, other outside force, and excavation damages are the leading causes of the pipe-related incidents, which are responsible for over 20% of the total incidents between 2012 and 2016. As a result, a quantitative research methodology has been developed as the suitable approach to achieve risk assessment. Mainly, this approach aims towards risk management in natural gas industry projects using the maximum likelihood method on 70 rupture incidents between 2012 and 2016, which were collected from the PHMSA pipeline incident database. The hypothetical quantitative risk assessment of the gas distribution pipelines are illustrated by combining the statistics of the pipeline rupture incidents, as well as risk assessment performed in the present study.

scholarly journals Development of the Arctic gas industry and prospects for the Russian LNG market in the Asia-Pacific region

2020 ◽  
Vol 84 ◽  
pp. 03006
Author(s):  
Mikhail Ulchenko
Keyword(s):  
United States ◽  
Natural Gas ◽  
South Korea ◽  
The United States ◽  
Liquefied Natural Gas ◽  
Asia Pacific ◽  
The Arctic ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Gas Industry

The article is devoted to the study of the development of the Arctic gas industry and the prospects of LNG sales in the market of the Asia-Pacific region. It is shown that the largest projects for the production of liquefied natural gas in Russia are concentrated in the Yamal-Nenets Autonomous district - “Yamal LNG” and “Arctic LNG - 2”. The growth of economies, partial abandonment of nuclear energy and coal contributes to the growth of natural gas consumption in the countries of the Asia-Pacific region. Japan, China and South Korea remain the largest LNG importers. The analysis showed that South Korea and Japan, despite all efforts to reduce energy consumption, are interested in increasing the volume of purchases of Russian liquefied natural gas. To meet their needs, Japanese companies “Jogmeg” and “Mitsui” purchased a 10% stake in the “Arctic LNG - 2” project for $ 25 billion. China, having concluded a trade agreement with the United States, will try to meet the growing demand for oil and gas through the supply of American energy resources. However, given the decline in the number of operating rigs in the United States, it is not certain that China will not need additional supplies from other exporters.

scholarly journals The Prospects for Reducing the Carbon Footprint in Liquefied Natural Gas Industry

2021 ◽  
Vol 134 (3) ◽  
pp. 3-10
Author(s):  
D. M. Grigoyeva ◽  
◽  
E. B. Fedorova ◽  
Keyword(s):  
Natural Gas ◽  
Carbon Footprint ◽  
World Economy ◽  
Energy Transition ◽  
Liquefied Natural Gas ◽  
Export Market ◽  
Low Carbon ◽  
Gas Industry ◽  
Natural Gas Industry

To meet the terms of the Paris Agreement, it will be necessary to restructure the world economy, make an energy transition to low-carbon development, which will subsequently affect the conventional energy sources industry and, in particular, the liquefied natural gas (LNG) sector. The article provides an overview of the prospects for reducing the carbon footprint in the gas industry. Technical, political and economic measures of decarbonization formation are given. The prospects of the natural gas export market for Russia are outlined. The classification of technologies related to carbon dioxide capture is presented. Special attention is paid to reducing greenhouse gas emissions in the LNG industry.

scholarly journals ECONOMIC ENVIRONMENT OF ARCTIC LIQUEFIED NATURAL GAS SUPPLIESTO THE ASIAN-PACIFIC REGION COUNTRIES UNDER THE END OF THE “TRADE WAR” BETWEEN THE USA AND CHINA

2020 ◽  
Vol 68 (2/2020) ◽  
pp. 12-21
Author(s):  
M. V. Ulchenko ◽  
Keyword(s):  
United States ◽  
Growth Rate ◽  
Natural Gas ◽  
South Korea ◽  
The United States ◽  
Liquefied Natural Gas ◽  
Asia Pacific ◽  
Russian Arctic ◽  
Pacific Region ◽  
Asia Pacific Region

Currently, the Asia-Pacific market is a priority goal for almost all major producers of liquefied natural gas(LNG). This is due to the relatively high price that local consumers are willing to pay, as well as the accelerated growth rate of natural gas consumption. At the same time, China is the main driver of growth in demand for LNGin the world, has concluded a trade agreement with the United States, which involves the purchase of energy resources worth more than $ 52 billion over two years. Given the decline in LNG prices, as well as increased competition, the issue of the prospects for sales of Russian Arctic gas on the market of the Asia-Pacific region becomes particularly relevant.The study provides a generalized assessment of the needs of the main importers of LNG ––China, South Korea and Japan, with a planning horizon of 4–5 years. The relatively high growth rates of the economy, partial rejection of nuclear energy, struggle to improve the environmental situation, as well as the desire to diversify supply routes explain the needs of the countries in the Asia-Pacific region for additional volumes of LNGin the near future. The analysis showed that both Japan and South Korea are interested in increasing the volume of imports of Russian arctic LNG, whose key advantages over most competitors are the price and relative proximity of sales markets. At the same time, the reduction in the number of operating gas drilling rigs in the United States indicates that it will not be possible to maintain the growth rate of LNG production at the level of 2018 and 2019.

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