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Article: Intra-GCC Natural Gas trading expected to increase.(Liquid Petroleum Gas)
- Article from:
- Middle East
- Article date:
- October 29, 2006
CopyrightCOPYRIGHT 2006 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Natural gas is combustible colorless and odorless gas. It differs from Liquid Petroleum Gas (LPG) that it has a lower heating value and requires heavy infrastructure investments. Similar to oil, natural gas is described as sweet or sour depending on its hydrogen contents. It is also called wet or dry based on the methane content and described as associated or non-associated depending upon whether or not it is associated with significant oil production. Natural gas can be measured by its volume (cubic feet), or as a source of energy (BTU)
Recently, the prices for construction of LNG plants, receiving terminals and vessels have significantly decreased due to new ...