SALIENT FEATURES OF RANGARAJAN PANEL’S FORMULA FOR GAS PRICING: • The new formula‚ if implemented‚ will lead to a near doubling of prices to around $8 billion per mBtu • The Rangarajan Committee’s formula is based on the weighted average price of natural gas in North America‚ Europe and Japan markets as well as imported liquefied natural gas. • These guidelines shall apply from 1st April‚ 2014 and shall be applicable for five years after which market discovery price could be adopted as per the
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PresidentsY/A | Political Philosophy | Achievements | Strengths | Weaknesses | Evaluation | Threats | Laws | GENERAL EMILIO FAMY AGUINALDOTerm: (1898- 1901) | | Aguinaldo is best remembered for the proclamation of Philippine Independence on June 12‚ 1898‚ in Kawit‚ Cavite. Aguinaldo formally established the first Philippine republic. He also designated diplomats who were assigned in the major world capitals to seek recognition of Philippine independence | | | | | | MANUEL LUIS QUEZONTerm:
Free Philippines Senate of the Philippines
Introduction to Gas Turbines A turbine is any kind of spinning device that uses the action of a fluid to produce work. Typical fluids are: air‚ wind‚ water‚ steam and helium. Windmills and hydroelectric dams have used turbine action for decades to turn the core of an electrical generator to produce power for both industrial and residential consumption. Simpler turbines are much older‚ with the first known appearance dating to the time of ancient Greece. In the history of energy conversion‚ however
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The oil crisis of the 1970s had a tremendous political‚ social‚ and economic impact on the United States‚ and its reverberations continue to be felt to this day. This event dramatically illustrated American dependence on fossil fuels‚ and raised a lot of questions about the country’s energy policy and the security of its energy supply. Several events combined to bring about the energy crisis of the ’70s. The first was a dramatic rise in energy consumption‚ with the United States consuming a huge
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OVERALL Questar corporation is an energy company with asset valued at about $4 billion which is the main developer of the gas wells arround the Pinedale Mesa‚ an area that is famous at the gateway to the hunting‚ fishing‚ and hiking treasures. Ocassionally elk‚ mule deer‚ pronghorn antelope and other wild life‚ including the imperiled greater sage grouse‚ descent from their habitats atop the mesa and gingerly make their way around and between the questar wells around Pinedale. Not suprisingly‚ environmentalist
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ENPE 573 – Unconventional Gas Exploitation Introduction to Shale Gas Classification‚ Formation‚ & Extraction Abstract The production of conventional gas has been declining over the last few years due to dwindling reserves. To counter-act this decline‚ companies are quickly turning to unconventional gas plays that can offer even greater reserves as shown in figure 1. Unfortunately‚ recovering unconventional gas is a very difficult process that requires advanced stimulation and/or
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CASE STUDY Gas and Grouse Introduction The objective of this case study is to investigate the various systemic‚ corporate and ethical issues behind Questar Corporation’s drilling operations on the Pinedale Mesa. Besides that‚ this case study is conducted to determine the value of wildlife species and its balance against the economic interests of Questar Corporation. Furthermore‚ it is also to determine whether Questar is morally obligated to cease its operations on the mesa and whether
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attain the minor degree in IFE. He estimated that it would involve an additional cost of RM40‚000. HOW WOULD THE MONEY GROW? Not knowing how exactly he should grow the money‚ Afiq Firash contacted his cousin (Rauf) who is an engineer with an oil and gas company in Sabah for advice. Without hesitation‚ Rauf suggested an IPO (initial public offering) of Felda Global Venture Holdings (FGVH)‚ which wass already opened for subscription since 31 May 2012. Right after the phone call‚ Rauf sent emails
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Electricity from Natural Gas Natural gas is a fossil fuel formed when layers of buried plants and animals are exposed to intense heat and pressure over thousands of years. The energy that the plants and animals originally obtained from the sun is stored in the form of carbon in natural gas. Natural gas is combusted to generate electricity‚ enabling this stored energy to be transformed into usable power. Natural gas is a nonrenewable resource because it cannot be replenished on a human time frame
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Gas Compressor Brief Introduction A gas compressor is a mechanical device that increases the pressure of a gas by reducing its volume. Compressors are similar to pumps: both increase the pressure on a fluid and both can transport the fluid through a pipe. As gases are compressible‚ the compressor also reduces the volume of a gas. Liquids are relatively incompressible‚ so the main action of a pump is to pressurize and transport liquids. Types of Compressors Centrifugal compressors Centrifugal
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