The Offshore Energy Database LNG and GTL data set provides information about onshore and offshore Liquefied Natural Gas (both for LNG Liquefaction and LNG Regasification) and Gas to Liquids projects. LNG production facilities take natural gas (methane and ethane) and liquefy it at cryogenic temperatures. This allows for the simple transportation of gas from production areas which are remote from existing or planned infrastructures. LNG Regasification is where the LNG is turned back into gas close to the point of demand.
Oil has been the most important source of energy for power generation over the last century and has been the choice of fuel for transport, industrial and domestic usage. While oil also has been one of the most important drivers of global geopolitics for the last several decades, natural gas is poised to compete with oil for this role in the foreseeable future. This is largely due to the growth of LNG which is globalising gas markets, as well as the advent of shale gas which could have a significant impact on supply and demand fundamentals by the end of this decade.
Furthermore, the growing realisation that cleaner fuels are vital for the future of the planet will enable natural gas to become an increasingly important source of fuel for power generation worldwide.
Indeed increasing electricity consumption worldwide has led to growth in the construction of power stations which use natural gas rather than oil. Power stations that are natural gas-fired have a short lead time and are relatively inexpensive to build, and these factors enhance the benefits of natural gas as a source of energy for power generation.
There are still abundant stocks of natural gas and the Infield LNG-GTL database identifies current plans to develop these through the LNG or GTL technologies.
For each LNG / GTL plant or facility the following information is provided:
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