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Trancer-X
mutatis mutandis

Registered: Jul 2001
Location: Shambhala
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Just one more gas - on the gas:
| quote: | Originally posted by occrider
I never said that transporting LNG from Pakistan by tanker was impossible, I said it was too costly given the expensive nature involved in cooling down the gas, and that it would be more economically feasible to transport LNG from Canada or South America. |
Because natural gas moves more efficiently by pipeline than tanker (for which it needs to be liquefied), the difference comes mostly from Canada. Now the Canadians are running low, and exports to the U.S. are expected to be flat, or possibly even decline.
LIQUEFIED NATURAL GAS: BACK TO THE FUTURE. To meet the surging demand for natural gas in the short term, Greenspan does see a solution: liquefied natural gas (lng). He has told Congress that "given notable cost reductions for both liquefaction and transportation of lng, significant global trade is developing. And high gas prices projected in the American distant futures market have made us a potential very large importer."
Translation: Because natural-gas prices are going up—and are going to stay up—it's now time to bring in more expensive lng from the Caribbean, the Middle East, Africa and possibly Russia. To import natural gas, it must be chilled to minus 260(degree)F, which converts it to a liquid and reduces its volume. An amount that would normally fill a beach ball can fit inside a Ping-Pong ball. When the liquid arrives at terminals in the U.S., it is slowly warmed up, returned to a vapor form and sent through pipelines.
Today Cove Point is being expanded and will reopen soon. The plants in the three other states are already open, and plans are on the drawing board for two dozen more.
http://www.ecology.com/ecology-news...-out-of-gas.htm
http://www.dom.com/about/gas-transm...point/index.jsp
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Sep-23-2003 00:00
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occrider
Traveladdict

Registered: Oct 2000
Location: New York
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| quote: | Originally posted by Trancer-X
Just one more gas - on the gas:
Because natural gas moves more efficiently by pipeline than tanker (for which it needs to be liquefied), the difference comes mostly from Canada. Now the Canadians are running low, and exports to the U.S. are expected to be flat, or possibly even decline.
LIQUEFIED NATURAL GAS: BACK TO THE FUTURE. To meet the surging demand for natural gas in the short term, Greenspan does see a solution: liquefied natural gas (lng). He has told Congress that "given notable cost reductions for both liquefaction and transportation of lng, significant global trade is developing. And high gas prices projected in the American distant futures market have made us a potential very large importer."
Translation: Because natural-gas prices are going up—and are going to stay up—it's now time to bring in more expensive lng from the Caribbean, the Middle East, Africa and possibly Russia. To import natural gas, it must be chilled to minus 260(degree)F, which converts it to a liquid and reduces its volume. An amount that would normally fill a beach ball can fit inside a Ping-Pong ball. When the liquid arrives at terminals in the U.S., it is slowly warmed up, returned to a vapor form and sent through pipelines.
Today Cove Point is being expanded and will reopen soon. The plants in the three other states are already open, and plans are on the drawing board for two dozen more.
http://www.ecology.com/ecology-news...-out-of-gas.htm
http://www.dom.com/about/gas-transm...point/index.jsp |
When gas from Turkmenestein becomes a major exporter to the US then you can say I told you so, fair enough?
___________________
Retro ...
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Sep-23-2003 00:01
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