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Asia pushes for free-market liquefied natural gas

2013-06-07 15:25:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: Liquefied Natural Gas (LNG) prices have long been linked to the price of oil--with gas priced at roughly 13% or 1/8th the price of Brent, with the details determined in confidential contract negotiations. Asian consumers are tired of this linkage, especially since it has meant prices that are four times higher in Asia than in North America. In fact Japan spent US$75.4 billion on LNG last year, paying an average price of US$16.60 per million BTU--while gas prices in the United States averaged...

Tags: natural asia gas pushes

 

CN tries out liquefied natural gas to power locomotives

2013-05-14 11:20:18| Railroads - Topix.net

CN retrofitted two 3,000-horsepower locomotives with engines that run on a fuel mix of 90-per-cent liquefied natural gas and 10-per-cent diesel.

Tags: power natural gas locomotives

 
 

Plans to increase exports of liquefied natural gas could accelerate fracking boom, critics say

2013-05-12 04:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking. Expanded drilling is unlocking enormous reserves of crude oil and natural gas, offering the potential of moving the country closer to its decades-long quest for energy independence. Yet as the industry looks...

Tags: say increase natural plans

 

Honeywell's UOP Technology Selected To Treat Liquefied Natural Gas On World's First Floating Facility

2013-04-19 08:26:15| oilandgasonline News Articles

UOP LLC, a Honeywell (NYSE:HON) company, announced today that it has been selected byMalaysia's Petroliam Nasional Berhad (PETRONAS) to provide technology for acid gas removal on the world's first Floating Liquefied Natural Gas (FLNG) project, known as PETRONAS Floating LNG 1or PFLNG 1.

Tags: technology selected natural gas

 

Dresser-Rand To Feature High-Efficiency Technologies At 17th International Conference & Exhibition On Liquefied Natural Gas

2013-04-10 07:22:42| oilandgasonline News Articles

Dresser-Rand, a global supplier of rotating equipment solutions to the oil, gas, petrochemical, power, and process industries, will showcase a variety of its high-efficiency technologies and innovations for the liquefied natural gas (LNG) industry during the 17th International Conference and Exhibition on Liquefied Natural Gas (LNG-17).

Tags: international natural feature conference

 

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