Features

Kuala Lumpur, MALAYSIA--World gas demand grew from 2,939 Bcm in 2006 to 3,303 Bcm in 2010. This historic growth was by no means uniform: for example, Asia and the Middle East recorded the most impressive gains, whereas European consumption declined, according to a report released by Nexant Ltd., a London-based energy consulting company.

Kuala Lumpur, MALAYSIA-During his keynote address, Peter Voser, CEO, Royal Dutch Shell, declared that “at no time in the history of our industry has natural gas been poised to play a more important role in the global energy picture. The natural gas revolution is THE most significant energy development in decades.”

Flow assurance is about ensuring safe and economical transport of raw or processed multiphase mixtures of gas, oil and water from reservoir to reception facilities (Figure 1). As hydrocarbon production now increasingly comes from aging and remote reservoirs, marginal or deep water fields -- all with long pipelines transporting commingled fluids under extreme conditions -- the need for flow assurance is more crucial than ever.

Kuala Lumpur, MALAYSIA—One of the biggest topics of conversation at the World Gas Conference was the potential for shale gas resources in China. While major producers such as Royal Dutch Shell are optimistic and others are at best uncertain, a new study released here by Wood Mackenzie indicates that China will indeed become a major importer of natural gas by 2030.

Kuala Lumpur, MALAYSIA--World Gas Conference 2012 attracted more than 5,000 people from natural gas-related businesses around the world. P&GJ asked a number of them to discuss their goals, concerns and their top priorities. Upstream, midstream, downstream or Nord Stream, one thing they agreed on: this is the time to be in natural gas.

Let us take a look at Iraq’s re-emergence as a major oil producer and examine why international companies wanting to benefit have to commit.

It is hard to come up with a better symbol of Iraq’s resurgent oil and gas sector than the candidacy of the nation’s Thamir Ghadhban to head the Organization of Petroleum Exporting Countries (OPEC). After decades on the sidelines, Ghadhban is one of four hopefuls to take the reins of OPEC.

P&GJ’s latest international pipeline survey indicates 97,763 miles of pipelines are in various stages of construction and planned.

Vehicles fueled by liquid natural gas (LNG) are poised to penetrate heavy duty trucking due to low natural gas prices resulting from the United States’ unconventional gas boom, according to a new IHS Cambridge Energy Research Associates report. Unlike light-duty vehicles (LDVs), the economics are favorable to both vehicle owners and LNG suppliers, the report says.

Kuala Lumpur, MALAYSIA--A poll of delegates at the World Gas Conference indicated that industry professionals are confident Asia is well-placed to support continuing growth in gas consumption through the provision of the infrastructure it needs. A total of 71% of participants thought that the region has the technical foundation to develop the systems needed to support an increased dependence on gas, while 29% of participants felt that it does not.

Demand for natural gas as a transportation fuel in the United States is seen as growing as is fueling infrastructure to deliver it, and why not? The price of natural gas is low, the fuel is plentiful, and the pollution impact is minimal. On the surface it appears to be the brewing of a perfect storm for consumers and natural gas industry stakeholders.

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