Liquefied Natural Gas Shaping Up to Be a Real Competitor to Pipeline Gas
Posted on: Monday, 21 April 2008, 06:00 CDT
Research and Markets (http://www.researchandmarkets.com/reports/c89247) has announced the addition of Liquefied Natural Gas Outlook: Expectations and Reality to their offering.
The world market has shown interest in liquefied gas in the past several years. Production technologies are being improved, which leads to cheaper costs, including LNG transportation costs. Liquefied gas is becoming a real competitor for pipeline gas. Demand for LNG is growing as offshore gas production is speeding up and the distance from extraction sites to end consumer markets is increasing. Many talk of a fundamentally new page in the history of gas industry development.
Russia has so far been aside of the global trend. Traditionally we have relied on pipeline exports; therefore LNG has been a wonder for Russia for a long time. One of the reasons is technological backwardness. Russia is the largest exporter of natural gas but still does not have its own liquefying facilities. This cramps its role in the world gas market that is currently dominated by Europe and former Soviet republics.
However, right now we are witnessing attempts to catch up with the global trend. Producers have announced several large LNG projects. But what are their real abilities? The new study by the National Energy Security Fund will help interested readers investigate this delicate subject and understand what is in store for LNG production and export in the nearest years.
The study dwells on the following subjects:
- LNG projects outlook in Russia from the standpoint of resource base, potential access to new trade markets, cost of plants and their political feasibility. Analysis of the proposed Baltic LNG Plant, Sakhalin-2, LNG production opportunities in the framework of the Shtokman project.
- Gazprom's strategy in the LNG sphere. Official plans and real potential. Supporters and opponents of LNG industry development among Gazprom's top managers.
- Government's attitude toward the development of liquefied gas in Russia.
- Governmental regulation of LNG production. Laws regulating LNG export.
- Possible cooperation with foreign companies. Partners selection criteria: who and why will get access to LNG production in Russia.
Companies Mentioned:
- Baltic LNG
- Gazprom
- Mitsubishi Corp
- Mitsui
- Sakhalin-2
- Shell Gas & Power
- Shtokman LNG
- StatoilHydro
- Total
- Yamal-LNG
For more information visit http://www.researchandmarkets.com/reports/c89247
Source: Business Wire
Related Articles
- New Agreement for RasGas LNG and Gas Production Complex in Qatar Brings GE Energy's Total Service Commitments at the Site to More Than $1 Billion
- Tethys Petroleum Limited: Gas Production Commences
- Swagelok Company Names Director, Product and Market Development
- Amount of Oil Drilling & Gas Production in Russia Surpasses the Overall Demand in the Domestic Market Providing an Opportunity for Exporting
- U.S. Natural Gas Production Trending Up; Industry Leaders Discuss Market Direction at GasMart 2006
- Russia Ups Gas Production 0.7% in Jan
- Russia Ups Gas Production 1% in 11 Mths
- Russia Edges Natural Gas Production Up 0.4% in 10 Mths
- Gazprom Goes on Increasing Gas Production
- Indian-Invested Project in Far East Russia Begins Oil, Gas Production
 |
 |
User Comments (0)
RSS Feeds