Seeking Alpha

Qatar Petroleum and Exxon Mobil (XOM) agree to jointly evaluate unconventional natural gas...

Qatar Petroleum and Exxon Mobil (XOM) agree to jointly evaluate unconventional natural gas resources in North America and global opportunities in liquified natural gas. Both companies are involved in LNG projects in Qatar, the world's no. 1 LNG exporter, and have shared interests in LNG terminals in the U.S. and Europe.
Comments (2)
  • The Retired one
    , contributor
    Comments (183) | Send Message
    I hope someone in tech Agora service will help me as i can get signed in to comment.
    I was able to post this as they sent me a stock update and I'm replying using that link.
    Thanks for any help
    15 Apr 2013, 09:46 PM Reply Like
  • Leonard365
    , contributor
    Comments (5) | Send Message
    The use of LNG in the liquid form as a co-generative fuel, heated and pressurized by exhaust heat. This will result in shipment and distribution of 20-30 ton containers.Tthe LNG will be fed into heat exchangers which gassify and pressurize the LNG. This will be applicable for turbines and diesels producing electricity. It will make gas distribution pipelines archaic, produce electricity cheaper than the large steam driven plants which require extensive cooling of steam to reinject into the steam boilers, and enable turbines to operate near the point of use, thus rendering extensive electric grids uneconomic.
    Investments in gas pipelines from the depots which currently gassify the LNG,, large steam driven electric turbines and electric grids will be hard pressed to repay the cost of the investments. Electricity will be much cheaper.
    Production of LNG may be made on sea platforms in areas in which the sea bottom is very cold, such as the Macondo area which was so cold that the escaping natural gas combined with the cold sea water and plugged up the inverted funnels which were supposed to carry the natural gas to the surface. The fact that this occurrred indicated that Exxon was either unaware that the area was that cold, or that natural gas, mixed with seawater, freeezes.
    The significance of this indicates that large production units are not necessary but relatively small units such as those produced by GE may be installed on sea platforms, feeding into 20-30 ton cryogenic containers for shipment in container vessels.
    16 Apr 2013, 02:23 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: