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Thursday, March 28, 2024

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  1. phil

    Natural gas floating super-factories coming soon in cost-cutting innovation

    10:55 AM ET · PEGFF

    • WSJ profiles plans by an increasing number of natural gas producers to pack entire gas production plants onto superships bigger than aircraft carriers instead of building expensive land-based industrial complexes.
    • The new fleet of FLNGs demonstrates how the global race to provide cheaper gas supplies to Asian economies is pushing the boundaries of technology in the oil and gas sector.
    • The world’s first FLNG vessel likely be the joint gas project off the coast of Colombia from Pacific Rubliales (PEGFF) and Excelerate Energy, set to start in Q1 2015.
    • The most talked-about project at last week’s annual Gastech conference in Seoul was the 1,600-ft. long Prelude FLNG project led by Shell (RDS.A, RDS.B); expected to be the largest floating structure ever built, production capacity is seen at 3.6M metric tons/year of LNG.
    • ETFs: UNG, DGAZ, UGAZ, BOIL, GAZ, BNO, KOLD, UNL, NAGS, DCNG
    var isMC=true; var adSize=’320×50′; var ord = Math.floor(Math.random()*10e12); var seekingalpha_ad_src=’http://ad.doubleclick.net/N6001/adj/sek.mobile/app;sz=320×50,320×250;x=x;tile=1;d=mobile;t=app;mcid=true;mcid=1656993;d=etf;s=PEGFF;s=RDS.A;s=RDS.B;s=UNG;s=DGAZ;s=UGAZ;s=BOIL;s=GAZ;s=BNO;s=KOLD;s=UNL;s=NAGS;s=DCNG;’+dart_my_vocation_and_profiles()+’ord=’+ord+’;dev=ip?’; document.write(”);



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