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A Liquid Market; LNG
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 404 no. 8793 (Jul. 2012)
,
page S13-S15.
Topik:
Offshore Oil Exploration & Development
;
Petroleum Industry
;
International Trade
;
LNG
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.72
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The coastlines of Texas and Louisiana are one long string of soaring smokestacks, vast valves and tangles of pipes. Only the company logos on the huge tanks distinguish one facility from the next. On the Louisiana side of Johnson Bayou, at the boundary with Texas, stands Cheniere's Sabine Pass LNG facility. In this swampland (the plant has a resident alligator called Snap) another huge construction job will shortly get under way that will exemplify the astonishing changes in America's gas business. Sabine Pass was designed as a regasification plant for a time when domestic gas would decline and America would need to import LNG. Giant refrigerated vessels would unload LNG into the maze of pipes that turn it back into gas. And Sabine Pass is not a one-off: a dozen more American firms have invested a total of $100 billion in similar "regas" facilities. But when the shale-gas boom got under way, Cheniere's boss, Charif Souki, quickly started to turn Sabine Pass into a place that could export gas too. In June the permits were granted at last. Installation of the liquefaction equipment--essentially row upon row of expensive fridges that cool the gas to -162[degrees]C--will soon begin.
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