Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘Natural gas’

New Jersey Natural Gas Wins J.D. Power Award in the East Among Large Utilities Four Years in a Row

Posted by fidest press agency su giovedì, 11 ottobre 2018

For the fourth consecutive year, customers gave New Jersey Natural Gas (NJNG) top honors for its commitment to excellence, rating the company “Highest in Customer Satisfaction with Residential Natural Gas Service in the East among Large Utilities,” according to the J.D. Power 2018 Gas Utility Residential Customer Satisfaction Study℠.NJNG ranks highest in price, safety and reliability and customer service — outperforming its peers. The company achieved an overall score of 758.“This is a testament to the dedicated women and men of our company who work so hard to enhance the experience of our customers,” says Laurence M. Downes, chairman and CEO of New Jersey Natural Gas. “We are honored our customers appreciate our efforts in providing safe, reliable and affordable service.” NJNG also received the highest numerical score in the East on the J.D. Power 2017 Gas Utility Business Customer Satisfaction Study℠. NJNG has been recognized for its ongoing commitment to customers 13 times since J.D. Power began measuring the customer satisfaction of natural gas utilities more than 17 years ago.

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NIGC to Exhibit at cippe 2018 to Seek Cooperation with Chinese Companies on Natural Gas

Posted by fidest press agency su martedì, 30 gennaio 2018

BeijingBeijing. The 18th China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe 2018) will open on March 27-29, 2018 at New China International Exhibition Centre in Beijing, with an exhibition area reaching 90,000m2 and around 1,800 exhibitors coming from 65 countries and regions, including 46 Fortune Global 500 companies and 18 international delegations. The National Iranian Gas Company (NIGC) will seize this opportunity to explore natural gas cooperation opportunities with Chinese enterprises.
Rich in petroleum resources, Iran has the fourth largest petroleum and second largest natural gas reserves. According to BP, Iran boasts around 34 trillion cubic meters of natural gas reserve, ranking the first place in the world. By 2022, Iran plans to increase its gas export to 40 billion cubic meters, excluding liquefied natural gas export.China is the third largest natural gas consumer, only next to US and Russia. However, China has to import 40% of its natural gas due to the insufficient domestic output.
As China has been actively implementing the “coal-to-gas” policy in recent years, the demand for petroleum, natural gas and other clean energy is continuously increasing, which requires international engagement. The “Belt and Road” countries, especially Saudi Arabia, Iran, Iraq, UAE, Qatar and Kuwait, are rich in oil and gas resources and have very promising prospects in their cooperation with China.
cippe 2018 will see 18 international exhibitor delegations coming from USA, Canada, Germany, Russia, Scotland, Britain, France, Italy, Korea, etc. Global giants including Gazprom, NIGC, Caterpillar, NOV, Schlumberger, GE, Honeywell, Rockwell, Cummins, API, 3M, MTU, ARIEL, Atlas and Hempel have confirmed to exhibit.Chinese companies will include CNPC, Sinopec, CNOOC, CSSC, CSIC, CASC, CIMC, Jereh, Kerui, RG Petro-Machinery, Sany Heavy Industry, Jerrywon, Anton Oilfield, Shanghai Shenkai, Tiehu Petromachinery, West Petroleum Equipment, Ganergy Heavy Industry Group, etc.Meanwhile, supporting activities such as cippe 2018 Embassy (Oil & Gas) Promotion Conference, and cippe 2018 Business Matchmaking Meeting will be held to facilitate exhibitors and buyers to reach deals and establish partnerships.cippe 2018 will be a great platform for overseas enterprises to explore Chinese oil market and seek cooperation with global oil heavyweights.

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Increased reliance on natural gas risks an emissions lock-in

Posted by fidest press agency su domenica, 25 giugno 2017

clima nel mondo1The future of natural gas is limited, even as a bridging fuel. Continued investments into the sector create the risk of breaching the Paris Agreement’s long-term temperature goal and will result in stranded assets, the Climate Action Tracker (CAT) said today.As part of its decarbonisation series, the CAT today released an examination of gas in the power sector. The report, titled “Foot off the gas: increased reliance on natural gas in the power sector risks an emissions lock-in”, warns that natural gas will have to be phased out along with coal, if the world is to limit warming to 1.5˚C, as spelt out in the Paris Agreement long term temperature goal.The CAT foresees a dwindling role for natural gas in the power sector toward the middle of the century, not only to meet the Paris Agreement goals, but also due to increasing competition from renewables.This outlook challenges projections that forecast an increase in natural gas consumption. Although these projections have proven too bullish in the past, governments and companies are staking significant investments in natural gas infrastructure on them, ignoring the increasing role of low-carbon alternatives, and the need to reduce emissions to combat climate change.“Natural gas is often perceived as a ‘clean’ source of energy that complements variable renewable technologies. However, there are persistent issues with fugitive emissions during gas extraction and transport that show that gas is not as ‘clean’ as often thought,” said Bill Hare of Climate Analytics. “Natural gas will disappear from the power sector in a Paris Agreement-compatible world, where emissions need to be around zero by mid-century.” Although the emissions from gas plants can be reduced by up to 90% with Carbon Capture and Storage (CCS), this is not sufficient for full decarbonisation. Even if these capture rates could be increased, ultimately, the cost of gas with CCS is unlikely to be competitive with renewables and a flexible grid, the CAT said.“The idea of a continuing role for natural gas as a bridging technology is not consistent with the reality of advances in flexibility enabling technologies, such as grid expansion, supply and demand response, as well as storage,” said Yvonne Deng of Ecofys, a Navigant company. Many projections for the use of natural gas—including from the International Energy Agency, investors, and many governments—not only fail to consider the need for complete decarbonisation within three decades, but they also ignore the increasing role of low-carbon alternatives.“One example is China, where in 2016 the IEA projected renewables would rise to 7.2% of the power supply by 2020—but by the end of 2016 they had already reached 8%. Additionally, India and the Middle East are also seeing renewables rising much faster than mainstream projections,” said Niklas Höhne from NewClimate Institute. Despite these developments, massive investments into LNG pipelines and terminals continue, even as the utilisation rates of such infrastructure are decreasing. For example, utilisation rates in US natural gas infrastructure are at 54%, and are even lower in Europe at 25%. “This overinvestment in natural gas infrastructure is likely to lead to either emissions overshooting the Paris Agreement’s 1.5°C and 2°C goals—or a large number of stranded assets as the shift to cheaper renewables takes place, “ said Andrzej Ancygier of Climate Analytics.

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Ukraine Invests in Energy Independence

Posted by fidest press agency su domenica, 29 aprile 2012

Natural Gas Usage

Natural Gas Usage (Photo credit: drbrain)

Kyiv, Ukraine, (PRNewswire) The jack-up rig for oil and gas extraction from the shelf of the Black Sea will enter the territorial waters of Ukraine on May 1st, 2012. This move is part of Ukrainian policy aimed at energy independence through increasing domestic energy production. The two newly acquired jack-up rigs will allow Ukraine to extract additional 250 million cubic meters of gas by the end of 2012, said Minister Boyko.The state-owned company Chornomornaftogaz bought two jack-up rigs from the Singapore producers pursuing the aim of ridding Ukraine of energy dependency from outside suppliers. The purchase of the two mobile platforms will provide the country with additional 3 billion cubic meters of gas by the end of 2014, said Ukraine’s energy minister Yuriy Boyko. The first rig will be installed at the joint fields Odeske/Bezimenne on the Black Sea shelf in June 2012.Equipment Chornomornaftogaz currently uses allows for drilling at depths not exceeding 100 meters. The new rig, on the other hand, works with wells located 100-120 meters under the water surface. This opens new opportunities to develop the shelf reserves. Additionally, the new equipment can drill 9 kilometers into the shelf, whereas previously it was only possible to drill wells 4.5-5 kilometers deep.At the beginning of 2012, Chornomornaftogaz was developing 17 wells, including 11 gas wells. Total estimated reserves amount to 58.56 billion cubic meters of natural gas, 1.231 million tons of natural-gas condensate, as well as 2.53 million tons of oil, informs Uaenergy.Besides increasing domestic extraction, Ukraine is also diversifying its energy sector by looking for new oil and gas suppliers. The country is eyeing projects on gas supply from Azerbaijan, Iraq, Norway, Romania, and Turkey. Moreover, Ukraine plans to construct the LNG terminal with annual capacity of 10 billion cubic meters on the Black Sea shore. The construction is scheduled to be completed by 2014. At the beginning of 2012 Ukraine announced its intention to buy 27 billion cubic meters of gas from Russia, as opposed to more than 40 billion the country acquired in 2011. Ukrainian officials insist the country overpays some USD 4 to 5 billion annually for Russian gas.

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