The potential for the growth of LNG in North America in the last 30 years has changed substantially. The main drivers are the increase in demand for gas-fired electric power generation, marginal costs of domestic gas production is increasing leading to a fundamental shift in long term gas prices from averages around $3 per million metric Btu (MMBtu) to $4.70 per MMBtu. This demand and price growth, coupled with improvements in LNG process technology lowering the expense of producing LNG and the development LNG Liquefaction terminals in the Atlantic basin is leading to a boom in planned LNG import, storage and regasification terminals in North America.
Since the LNG industry grew originally to meet demand in Asia and Europe where there was considerable interest in decreasing shipping and transportation expenses by increasing the Btus, ethane and propane were left in the LNG. This will need to be processed after regasification in North America to remove from the LNG streams before pipeline transport leading to a need for additional gas processing facilities.
Hydrocarbon Processing will publish with its August 2004 issue, a wall chart showing LNG import, storage and regasification terminals, both current and planned in North America, with process flow charts from the 2004 Gas Processes Handbook for the Phillips optimized cascade LNG processs and the Liquefin process from Axens. Also included are graphic rrepresentations for regional LNG imports at proposed new terminals and expansions and the locations of over 40 expansions or new facilities.
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