Global Valve and Controls
29May/140

Liquified Natural Gas ( LNG) becomes more popular to use

Back in the day squeezing and cooling gas till it become a liquid also known as LNG was very costly and very few companies were about to afford the process, but with today's technology consistently improving, the LNG process has become more popular compared to building pipelines to carry the oil from place to place. It is expected that by 2018, the process of LNG will used more and more around the world. "Projects under way mean that by 2018 over a third more LNG capacity will come on stream—the equivalent of China’s current consumption of LNG and piped gas combined. By 2025 capacity could double.."  Australia should become the largest LNG exporter after Qatar by 2016. Although piped gas is set to grow too, LNG’s share of the world’s gas supply is likely to rise from around 15-20%! Of course, the more demand for LNG rises, the more supply will rise as well.

 

Pipeline Valves

Liquified natural gas

API6DValves

API6DValves

http://www.economist.com/news/business/21603030-international-gas-market-developing-buyers-will-gain-more-sellers-bubbling-up

 

 

16May/140

Oil production pushes Midstream firms

Oil production pushes Midstream firms

Billions of dollars are flowing to the Canadian midstream sector to build up pipelines and processing plants, key operations to get energy resources to market.

Canada and the United States will need to spend an average of almost US$30-billion a year on infrastructure for oil and gas, a total of US$641-billion over the next 22 years and that doesn’t include the natural gas liquids pipelines, fracking and pumps which is another $2.5 billion per year!

The role of midstream firms is to process and transport oil and gas resources. Midstream companies are between the Upstream and Downstream firms.  Further down the road we will see an increase of Midstream companies and the competition will be even greater.

API 6D Ball Valves

http://business.financialpost.com/2014/04/03/how-north-americas-oil-production-push-has-provided-big-growth-for-midstream-firms/?__lsa=eed6-fb21

13May/140

Rules around fugitive emissions tighten

This week, the US Environmental Protection proposed a new rule for the oil and natural gas industry to report data on greenhouse gas emissions from their operations. If it go into effect as planned next year, the data will go a long way toward settling the question of whether natural gas is a cleaner alternative to oil or coal.
Natural gas is composed primarily of methane, a powerful greenhouse gas. Once  you factor in fugitive emissions and other releases of burned and unburned gas all along the fuel supply chain, including production, processing, transmission, storage, and distribution then natural gas doesn't come out very green at all.

Here are some key areas that will be modified:

1. Units of measure, terms, and definitions will be revised for consistency and clarity, while presenting a more accurate accounting of a facility’s operations. The revisions will also clearly identify the form of data required for each source type.

2. Calculation methods for certain operations will be revised for clarity and simplicity. Gas venting and flaring is one of several operations included in this category.

3. Site-specific gas composition data for natural gas transmission compression and underground natural gas storage facilities will be expanded.

4. Safety issues relating to the reporting process will be addressed.

Pipeline Ball Valves

http://cleantechnica.com/2014/03/14/new-epa-rule-for-fugitive-emissions-from-oil-and-natural-gas/