Morocco Set to Launch Tenders for $4.6bn Natural Gas Project

Morocco Gas

Morocco is reportedly all set to launch tenders for a natural gas project worth US$4.6 billion, according to the country’s Energy Minister, Aziz Rabbah. For a country, which depends on imports for most of its energy needs, the tenders would facilitate in power generation and provide gas to the industry. Continue reading

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U.S. Creates Natural Gas Record on New Year’s Day

Gas pipeline. Credit: Creative Commons/Györgyfi

The U.S. chimed in New Year’s Day by creating a fresh natural gas record. And, in between combating bitter cold and contributing to shifting energy trends, the Americans reportedly consumed around 143 cubic feet of gas on January 1, 2018, surpassing a previous single-day record that was set in 2014, according to the US Energy Information Administration (EIA). Continue reading

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Natural Gas Energy – Advantages and Disadvantages

Bilfinger - Natural gas pipeline USA

Bilfinger – Natural gas pipeline USA

Natural gas energy has become globally trendy over the last few years. It is a vital source of energy and an asset to the global economy with its multitude of applications in sectors ranging from residential to electric power, transportation, and more. And, here’s a roundup of the advantages and disadvantages of natural gas energy.

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What Is The Difference Between CNG and LNG?

LNG

Natural gas plays a significant role in the global energy supply and also facilitates in achieving economic and environmental goals. Natural gas exists in forms of CNG (Compressed Natural Gas) and LNG (Liquefied Natural Gas) and has subtle differences.

Compressed Natural Gas

CNG is methane that is compressed to less than 1% of the volume that it occupies at a normal atmospheric pressure through a multi-stage process. It can be stored in high-pressure tanks 20-25 MPa (3,000-3,600 pounds per square inch). CNG is mostly used in buses and trucks and is a usable form of transportation fuel.

CNG

CNG is a lot cleaner than gasoline and diesel fuel, and is significantly inexpensive than gasoline, with the cost of natural gas going as low as $0.64 a GGE. CNG-powered vehicles emit lesser carbon monoxides and nitrogen oxides, which can be health hazards. On the downsides, CNG tanks require more storage space and have much lower energy density than liquid fuels.

Liquefied Natural Gas

LNG is also composed of methane like CNG, but it involves a more intricate cryogenic process, which facilitates cooling to a temperature of around -120 to -170 degrees Celsius. This process brings the natural gas to a liquid state at which it occupies around 1/600th of its gaseous state at a standard atmospheric pressure.

LNG is normally stored at atmospheric pressure in insulated double-walled tanks. Another novel way of storing is in a single-containment tank that has an earthen dam or dike, which acts as the secondary containment and also protects from any LNG spills. LNG has myriad mining, industrial, and transportation applications.

LNG in comparison to CNG offers an energy density that is comparable to petrol and diesel fuels. It is also very useful as gasification at a short notice is possible, unlike CNG. On the downside, it requires a major infrastructure for the LNG dispensing stations, transportation facilities, and production plants.

Both CNG and LNG will continue to play significant roles in today’s global economy.

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Azerbaijan Steps-Up Natural Gas Exports to Turkey

South Caucasus Pipeline

South Caucasus Pipeline

Turkey has a steep energy demand, which poses a growing energy import dependency, mainly on oil and natural gas. In the context, natural gas of around 4.86 billion cubic metres (bcm) was delivered by Azerbaijan to Turkey in the January-September 2017 period. Continue reading

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U.S. Becoming Over-Dependent on Natural Gas for Energy

Edwardsport Integrated Gasification Combined Cycle (IGCC)

Edwardsport Integrated Gasification Combined Cycle (IGCC). Credit: Duke Energy/Flickr

The United States is reportedly becoming over-dependent on natural gas for the production of electricity. The growing dependence exposes risks for consumers of natural gas and electricity including sudden price spikes, and the loss of reliability. Continue reading

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Oil May Determine Fate of Natural Gas-Weighted Stocks

pump jack

The natural gas-weighted stocks were reportedly featured with the highest correlations with oil (USO) (USL) prices in the week’s calendar days to October 30, 2017, and included WPX Energy (WPX) with 96.2% among others. Continue reading

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Gas Field Prospect Could Boost South Canterbury, New Zealand Economy

New Zealand Oil and Gas

New Zealand Oil and Gas

A major potential gas discovery off the South Island’s east coast has been indicated by the New Zealand Oil and Gas (NZOG). Continue reading

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India Set To Build Its First Gas Trading Platform

LNG Tanker

Credit: Creative Commons/Ken Hodge

India is set to build its first natural gas trading platform, which is expected to lead to a market-determined pricing of gas and also encourage investment in the sector. Continue reading

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Is Natural Gas The World’s Fastest Growing Fossil Fuel?

The LNG carrier in Ishikari Bay, Japan
Credit: CC/とまりん♪

Though there is a slight sluggishness globally in the energy market and the downtrend in China’s growth, the energy demand will definitely grow over the next 20 years and even beyond that as the world economy will expand.
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