Integrated approach to natural gas utilization in the Asia Pacific region
The rapidly expanding economies in the Pacific Rim have placed increasing demands upon indigenous natural gas supplies in South East Asia and Australia. Competing demands include exports of liquefied natural gas (LNG), domestic consumption, and potential use for enhanced oil recovery (EOR) to extend the useful life of maturing oil fields. An additional competing demand for gas exports may emerge as the interstate pipeline grid is expanded. An integrated approach incorporating the evolving nature of gas demands and discrete physical supplies would provide a means to mitigate against potential mismatching of supply and demand. The consideration of the evolving nature of gas demands could promote economically beneficial changes to gas field development. The development of high carbon dioxide (CO{sub 2}) content gas fields has been slowed by the lack of a market for CO{sub 2}. Utilization of by-product CO{sub 2} for EOR could improve development economics, thus facilitating earlier development of gas supplies to satisfy gas demands including domestic use and LNG exports. End users would also benefit from the assurance that gas supplies would become available as needed. The maturity and increasingly complex natural gas industry in the Asia Pacific Region has led to a qualitative change. The model of single projects to satisfy single markets is no longer valid. The current environment is more dynamic, creating the need to anticipate changes to market demands and to find value-added markets for by-products. The integrated approach to gas utilization discussed in this paper presents a new model more appropriate to the gas industry existing today in the Asia Pacific Region. This approach is particularly significant to widely discussed proposals for an Asia Pacific energy grid extending to Australia.
- OSTI ID:
- 103871
- Report Number(s):
- CONF-950326-; TRN: 95:020071
- Resource Relation:
- Conference: Annual SPIE Asia Pacific oil and gas conference and exhibition: towards more cost effective technology and quality management in the petroleum industry, Kuala Lumpur (Malaysia), 20-22 Mar 1995; Other Information: PBD: 1995; Related Information: Is Part Of Asia Pacific oil and gas conference: Proceedings; PB: 592 p.
- Country of Publication:
- United States
- Language:
- English
Similar Records
Purvin and Gertz; Asia Pacific natural gas demand to take off
Japan's energy supply/demand structure and its trade relationship with the United States and the Middle East