What's ahead for LNG/LPG

Journal Article · Sat Sep 01 04:00:00 EDT 1979 · Pipe Line Ind.; (United States)

OSTI ID:6157122

Remington, P; Fraser, M

The growth of the LNG, LPG, and pipeline bulk distribution gas markets depends on the availability of capital, including an estimated $60 billion by the end of the 1980's for LNG alone to support a network of projects moving approx. 15 billion cu ft/day throughout the world, which will require long-term (averaging over 20 yr) index-linked contracts for the gas. According to the American Gas Association, import of LNG as opposed to an equivalent amount of energy from crude oil would offer the U.S. several advantages, including significant capital investment for LNG facilities in the U.S. and a larger proportion of imports moving in U.S. owned and constructed tankers. The growth of international LNG trade will also depend on the extent to which gas processing and transportation costs can be decreased by increasing LNG tanker size, on the demand for natural gas, and on U.S. gas pricing policy. Plausible trends in LNG/LPG trade through the 1980's, and the requirement for high gas prices as an incentive for gas resource development in several countries, including the U.S., are discussed.

• Research Organization: Bank Scotl.
• OSTI ID: 6157122
• Journal Information: Pipe Line Ind.; (United States), Journal Name: Pipe Line Ind.; (United States) Vol. 51:3; ISSN PLINA
• Country of Publication: United States
• Language: English

Related Subjects

03 NATURAL GAS
030600* -- Natural Gas-- Economic
Industrial
& Business Aspects
032000 -- Natural Gas-- Transport
Handling
& Storage
COST
ECONOMIC GROWTH
ECONOMICS
ENERGY SOURCES
ENERGY SYSTEMS
FINANCING
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GLOBAL ASPECTS
LIQUEFIED GASES
LIQUEFIED NATURAL GAS
LIQUEFIED PETROLEUM GASES
LIQUIDS
LNG PLANTS
MARKET
NATURAL GAS
NATURAL GAS DISTRIBUTION SYSTEMS
NATURAL GAS LIQUIDS
PETROLEUM PRODUCTS
PIPELINES
PROCESSING
TRANSPORT