What are the challenges of natural gas?
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What are the challenges of natural gas?
2) Insufficient and constrained access to natural gas infrastructure hinders connections between gas supplies and end-users, and obstructs a balance in seasonal supply and demand. 3) Methane leakage from the natural gas industry compromises the direct greenhouse gas emission reductions from combustion.
What’s the future of natural gas?
In fact, bp has predicted a strong future for natural gas, that by 2050 it would provide 22\% of primary energy in their “Rapid” future scenario, compared with 45\% for renewables. DNV’s prediction is about the same – gas will stay fairly constant between 2020 and 2050, while oil and coal start declining in 2025.
Is liquid natural gas better for the environment?
LNG releases 45-50\% less CO2 than coal, 30\% less CO2 than fuel oil, dramatically reduces nitrogen oxide emissions, does not emit soot, dust or fumes, and produces insignificant amounts of sulfur dioxide, mercury, and other particulates compared to other fuels.
What are the key challenges facing the natural gas industry today?
The 2015 Platts Appalachian Oil and Gas Conference offered tremendous insight into the key challenges facing the natural gas industry today. The major presentation categories can be summed up in three categories: economic environment, infrastructure challenges, and markets for production.
Should the US start exporting LNG?
Another issue being widely debated by energy executives, regulators and politicians is whether the U.S. should begin exporting liquefied natural gas (LNG), given the current surplus of natural gas in the U.S. “The upside of that, of course, is that it would be great for the U.S. balance of payments,” said Dewhurst.
Can the LNG industry find a competitive advantage amid a volatile market?
But to find a true competitive advantage amid a volatile market, the LNG industry must move beyond what were once winning strategies (control of gas resources, reliability of supply).
How can LNG producers accelerate demand growth?
Invest in downstream market development An acceleration of LNG demand growth requires LNG producers to make significant investments in new downstream infrastructure, including import terminals, pipelines, and power plants.
https://www.youtube.com/watch?v=QgtSoEJD9HE