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Natural Gas World Market

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Natural Gas World Market
Contents
Introduction Table .1
OPEC Graph.1
Major Natural gas producers Graph.2
Gas Exporting Countries Forum (GECF)
Natural gas Demand & Price
Natural gas could be the 100% replacement of crude oil’
Conclusion

1. Introduction
Natural gas is a very important energy source in the world and it is the cleanest and most hydrogen rich of all the hydrocarbon energy sources and it has high energy conversation efficiencies for power generation [1]. In olden days natural gas was only producing for by-product of a crude oil and there was no usage of this gas. Gas experts think the end-user consumption is going to increase 60% from present to coming 20 year [4]. Present day’s natural gas using variety of usages like automobiles, chemical plants, fertilizer plants, etc. Natural gas considered combustible mixture of hydrocarbon gases. Natural gas mainly contains with methane and associated with Ethane, Propane and Butane. Natural gas is to be considered cleanest and low density fossil fuel among the petroleum products [1]. Table .1
Typical Composition of Natural Gas
Methane CH4 70-90%
Ethane C2H6 0-20%
Propane C3H8
Butane C4H10
Carbon Dioxide CO2 0-8%
Oxygen O2 0-0.2%
Nitrogen N2 0-5%
Hydrogen sulphide H2S 0-5%
Rare gases A, He, Ne, Xe trace source: http://www.naturalgas.org
When natural gas the amount of methane is higher it is normally called ‘dry’ and when hydrocarbon present in natural gas it is called ’wet’. Nowadays natural gas transporting is mostly in pipelines but it is more convenient for onshore applications, in the same offshore application is not



References: 1. http://www.naturalgas.org 2. BP,2010 Stastical Review of Energy resources, June 3. Economides ,M, Wood ,D(2009) The state of natural gas ,Journal of natural gas science and engineering 1(2009) 1-13 4. Energy Information Administration, 2010 www.eia.doe.gov. 5. Cohen,A , 2008 , Gas Exporting Countries Forum: The Russian-Iranian Gas Cartel, Journal of Energy Security 6. http://www.opec.org 7. H.K Abdel-Al, Mohamed Agour,M.A Fahim, Petroleum and Gas field processing (chemical industries) ,Marcel dekker Inc,2003 8. Dietsch,M , 2009 , The next Global energy cartel http://www.forbes.com/2009/12/10/natural-gas-exporting-trade-opinions-contributors-marcel-dietsch.html?sp=true

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