About this project
This was a feature for energy conference organiser website knect365.com, it was aimed at those participating in natural gas trading and investment.
The last decade has seen dramatic changes in the global gas market, because of the arrival of new supplies, challenges, and technological solutions.
For instance, the global gas glut has encouraged new opportunities to occur in the transport, petrochemical and power generation sectors. In addition, advances in new technologies have created new opportunities, at various scales, for gas to work together with renewables in meeting the world’s power generation needs. This feature takes a look at some of these developments.
The shale gas revolution in the US, alongside increased output of LNG in Australia and Qatar combined to cause a supply glut, making gas widely affordable and accessible. In the US, investors are building at least eight such cracker and polyethylene plants, to capitalise on cheap shale gas. One such investor is Shell’s developing a new plant in Pennsylvania, USA. Whilst chemical giant INEOS is importing US ethanol, a derivative of shale gas, as a feedstock for facility in Grangemouth Scotland as well as other plants across Europe. https://knect365.com/flame/article/cf78752e-ebad-41e6-affd-baa72383c7a0/how-gas-is-adapting-to-markets-and-technologies