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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 ...
The cost estimate of $8.5 – $9.7 billion (100% project) is a real terms 2018, Class 0, pre-concept select phase cost estimate and includes a 25% contingency. Activities prior to final investment decision are expected to cost approximately $0.5 billion (100% project).
LNG Canada Development Inc. is an industrial joint venture established to construct a liquefied natural gas (LNG) export terminal in Kitimat, British Columbia, Canada. The consortium is led by Shell and also includes Petronas , PetroChina , Mitsubishi , and Korea Gas .
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The proposed expansion was projected to cost $3.4 billion to $3.8 billion. [10] The export project was completed in early 2018, making the facility bidirectional (being capable of importation and exportation of LNG). The export facility has the capacity to handle 1.8 billion cubic feet (51 million cubic metres) per day of natural gas. [11]
A floating liquefied natural gas ... Inpex deferred start-up by two years to 2018 and reduce its "first phase" capacity to 2.5 million tons per year (from a ...
Natural gas will be extracted from wells and liquefied by chilling it to −162 °C (−260 °F). [15] The ability to produce and offload LNG to large LNG carriers is an important innovation, which reduces costs and removes the need for long pipelines to land-based LNG processing plants. However, fitting all the equipment onto a single floating ...