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. Continue reading

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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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Shoreline and Shell Join Hands For Gas Business In Nigeria

Shell

Credit: Shell

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shoreline Energy Limited (parent company of Gasland Company Ltd.) have signed $ 300 million agreement to buy, market, distribute and sell natural gas to consumers and companies in the Victoria Island, Ikoyi, Lekki, and Epe areas of Lagos, Nigeria. Continue reading

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Is Big Oil Geared Up For Natural Gas Revolution?

he pipes with natural gas from the Ormen Lange field,

he pipes with natural gas from the Ormen Lange field. Credit: Creative Commons/Bair175

As per the first Energy Transition Outlook published by DNV GL, natural gas will surpass oil to become the main source of energy by the year 2034 and by the year 2050, it will satisfy 27% of the global energy needs. Continue reading

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