Advantages And Disadvantages Of Liquefied Natural Gas Transportation

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PCE 311 WAC Assignment
Liquefied Natural Gas Transportation and Its Risks
Mother Nature gave us natural resources to patronize and natural gas is one of them. Small quantities of ethane, propane, butane and pentane are found in the natural gas composition but it is mostly made up of methane. The high volume of pipeline gas makes it difficult for it to be transported in its gaseous form. This is the reason why the oil industry is dominating because of how easy it can be transported. Pipelines are suitable for transporting pipeline natural gas but constructing the suitable infrastructure is very expensive and not technically feasible for global transportation.1 In addition, for you to be able to make it in the gas industry you need trading partners to buy your natural gas. Having said that, one can deduce that the only way to make a
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The advantage of LNG is that it can be regasified when it gets to the end user. More companies are getting into the LNG market as it is more profitable and less expensive with less hazardous emissions to the atmosphere. Countries that do not have natural gas import it from other countries as liquefied gas and regasify it. Importing LNG is advantageous for developing countries as LNG is good for boosting the economy of a country. It does that by allowing foreign direct investment where other countries open and run natural gas companies in other countries. Shell is a foreign company in Nigeria but it boosts the economy of Nigeria by increasing the gross domestic product and the total income in Nigeria. The growth of the LNG market creates jobs through construction of natural gas plans and other facilities that need to be in place for storage and regasification process.2 LNG helps oil companies to increase their revenue by selling the natural gas that comes with oil other than flaring it to the atmosphere hence decreasing harmful
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