« Reply #37 on: June 04, 2015, 10:53:26 PM »
Merely to entice kababayan males to work in Broome. Lami kaau latigohon ang lobot.
Focus Turns to Gas
Posted: 4/06/2015 9:00:00 AM by Mining Oil and Gas Jobs
Filed under: Oil-and-gas, Mining
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At the World Gas Conference in Paris, major producer Total through their key personnel Patrick Pouyanne said the company will move away from coal and focus more on the burgeoning gas space, according to Bloomberg.
Pouyanne was quoted as saying at the conference “I still have a coal business and I have to get out of it,”
“I can’t say that coal is the enemy of gas and then continue to produce coal like some of my colleagues. I will get out of coal.”
“Total is gas and gas is good.”
Pouyanne furthered the position that the LNG market is expected to represent a greater share of the current global energy share.
“There will be a profound change in the world energy mix and Total plans to produce around 32.5 million tonnes of LNG.”
Poyanne was not alone in that sentiment with Chevron promoting LNG, with chairman John Watson saying “Natural gas and LNG will be essential to the world’s future energy mix and natural gas is significant part of the company’s portfolio.”
Exxonmobil CEO Rex Tillerson added that there is a predicted 65 per cent growth in gas demand in the coming 25 years, with gas likely to overtake coal as the second most prolific fuel source by 2025
Shell CEO Ben Van Beurden stated that gas, not coal, needed to be centre of focus in the world energy mix.
“How do we ensure that gas, not coal, is at the heart of the energy solution to meet rising demand,” Van Beurden asked.
“The benefits of gas are well documented,” he said.
“Gas is flexible, abundant, its ranges of use are increasing, it’s a strong ally for renewables, and it makes economic sense. Building gas power stations is faster and cheaper than coal. So, the quicker we move away from coal to a mix of gas and renewables, the cheaper energy will become.
“Still, the golden age of gas will not come automatically; we will need to work for it.”
Last month van Beurden made similar statements on the future importance of gas, stating that the company is shifting from "an oil-and-gas company to a gas-and-oil company".
Shell has also upped its exposure to the industry by leading the world with the development of its floating LNG platform Prelude, and making a massive $94 billion takeover push for the BG Group, which would give it access to the QCLNG plant on Curtis Island.
The energy giant has previously fought the expansion of coal globally, previously lobbying the World Bank to halt funding coal-fired plants before the firm announced it would cut lending to the coal sector.
Shell's head of gas, Maarten Wetselaar stated the company formed a department whose sole purpose was to lobby governments and funding bodies to look to gas as a power source over coal.
Maarten Wetselaar said climate change had pushed Shell to convince entities to increase the sale of gas in the global market
Australian LNG is now shifting into this next era, moving from an era of construction into one of production.
- See more at: http://www.miningoilgasjobs.com.au/our-blog/june-2015-(1)/focus-turn-to-gas.aspx#sthash.EPQeQIT8.dpuf
The Browse LNG is a $34 billion liquefied natural gas plant project proposed for construction at James Price Point, 60 kilometres (37 mi) North of Broome on the Dampier Peninsula, Western Australia. The plant is being built by a joint partnership including Woodside Petroleum, Chevron Corporation, Royal Dutch Shell, BP, and BHP Billiton. It would process natural gas extracted from the Browse Basin. Liquefied natural gas would then be shipped from a port facility also located in the Browse LNG Precinct.
Technical description
The plant will include three LNG trains able to process an expected 15 million tonnes of LNG per year. LNG would be pumped via 8 pipelines to a 2-kilometre (1.2 mi) jetty. In the construction phase the Precinct would also include a camp to house 8000 workers and would entail the clearing of 2,500 hectares (6,200 acres) of coastal bushland.[1]
The Browse Basin contains proven gas reserves of 30.4 billion cubic feet (860 million cubic metres) of gas and 600 million barrels (95×106 m3) of condensate. Estimations of the reserves range up to 60 billion cubic feet (1.7 billion cubic metres), making the basin comparable in size to the North West Shelf region.
« Last Edit: June 04, 2015, 10:58:35 PM by juan »
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