Natural Gas (NG) is a mixture of gaseous hydrocarbons occurring naturally and obtained from underground in atmosphere, deep inside the earth near other solid or liquid hydrocarbons (e.g., coal and crude oil) that usually be some condensate and/or oil associated with the gas. A NG consists of mainly methane (CH4), ethane, propane, and butane as well as nitrogen and carbon dioxide, etc. A NG is the last product of a chain of cracking reactions that is used for a fuel and other chemical industry.
Related Definitions in the Project: The Project; Plant and Process Unit
Example Article of the Natural Gas (NG):
Natural Gas Is Set to Play a Major Role in the Energy Transition (Source: Oil Price on 15 January 2024): By City A.M - Getting the world’s richest and most powerful nations to unilaterally agree to a move away from fossil fuels earned the recent COP28 summit in Dubai praise of the kind not seen since Glasgow in 2021. Decarbonization, it was officially determined, was written as the goal and though the speed and logistics of getting there remain fraught with innumerable logistical and political hurdles, the groupthink at least appeared positively green. That may not, though, mean the end for natural gas. After all, it doesn’t carry the same collective animosity that oil has managed to accrue, and is likely set for a new act. ...
Qatar: Peak Natural Gas Demand To Occur Around 2040 (Source: Oil Price on 28 June 2021): By Charles Kennedy - One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a bond prospectus of Qatar Petroleum it had seen. According to Qatar’s state-owned giant, worldwide natural gas demand still has two decades to grow, unlike the International Energy Agency (IEA), which warned in its Net Zero by 2050 report last month that in a scenario of net-zero emissions by 2050, the world doesn’t need any new oil and gas field developments beyond those sanctioned this year. According to the IEA net-zero vision, natural gas would need to peak around the mid-2020s and fall by more than 5 percent per year on average in the 2030s. Demand is then set to slow the decline in the 2040s because more than half of natural gas globally in 2050 would be used to produce hydrogen with carbon capture, utilization, and storage (CCUS). This net-zero scenario would also mean that LNG trade would drop by 60 percent between 2020 and 2050, and gas carried by pipelines would fall by 65 percent, according to the agency. However, the IEA’s Stated Policies Scenario (STEPS) scenario—examining the consequences of existing and stated policies for the energy sector—sees natural gas demand rising from 3,900 billion cubic meters (bcm) in 2020 to 4,600 bcm in 2030 and 5,700 bcm in 2050. ...
Natural Gas Is Booming In Africa (Source: Oil Price on 16 October 2020): By Haley Zaremba - In 2018, while much of the world was leaving coal-fired power in the past and moving toward greener pastures (so to speak) coal was barreling full steam ahead in the African continent. In North Africa in particular, 2018 saw a flurry of thermal energy projects and brand-new coal fired plants. First, “Siemens completed the world’s three biggest combined-cycle gas-fired plants for Egyptian Electricity Holding Company: Beni Suef, New Capital and Burullus, which collectively provide a colossal 14.4 GW in new capacity.” Then, in the same year, another 1.4 GW of coal-fired energy came online in Morocco courtesy of the new Safi plant. Far from being the beginning of a renaissance for a fossil fuel that has largely fallen out of favor, however, that very well may have been coal’s last hurrah in Africa. With Morocco and Egypt in particular, both countries are increasingly embracing natural gas and renewable energies, and according to reporting by African Business, “it is likely that such big thermal projects will become increasingly rare.” In fact, this is likely not just limited to North Africa but to the entire African continent: “This could be an Africa-wide process in the case of coal, as its forecast rise as an African generation feedstock seems to be fizzling out,” reports African Business. ...
