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Natural gas prices surged more than 20% on Monday after a wave of forecasts over the weekend predicted incoming arctic air could set the U.S. up for the coldest January in a decade or more.
A liquefied natural gas terminal is a facility for managing the import and/or export of liquefied natural gas (LNG). It comprises equipment for loading and unloading of LNG cargo to/from ocean-going tankers , for transfer across the site, liquefaction, re-gasification, processing, storage, pumping, compression, and metering of LNG. [ 1 ]
Costa Azul LNG is a sea port and natural gas processing center, located 15 miles north of Ensenada, Baja California, Mexico. Opened in 2008, the terminal can process up to one billion cubic feet of natural gas per day. This is the first liquefied natural gas (LNG) terminal on the North America west coast.
The heating value depends on the source of gas that is used and the process that is used to liquefy the gas. The range of heating value can span ±10 to 15 percent. A typical value of the higher heating value of LNG is approximately 50 MJ/kg or 21,500 BTU/lb. [2] A typical value of the lower heating value of LNG is 45 MJ/kg or 19,350 BTU/lb.
Southern California Edison and the L.A. Department of Water and Power hinted at higher electric rates due to a rise in natural gas costs at a meeting of energy stakeholders.
The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine.
From California’s statewide average of $5.89 per gallon in September, the average price for a gallon of regular gas dropped more than a dollar (to $4.62) by t he end of the year.
The United States has had a massive shift in LNG terminal planning and construction starting in 2010–2011 due to a rapid increase in US domestic natural gas supply with the widespread adoption of horizontal drilling, combined with hydraulic fracturing petroleum recovery technology. Many brand-new LNG import terminals are planning or have ...
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