Michael Smith (natural Gas Industry)
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Michael Smith (natural Gas Industry)
''Freeport LNG''—also known as Freeport LNG Development, L.P.—is a U.S. exporter of Liquified Natural Gas (LNG) located in Freeport, Texas. Freeport was an early entrant to the then emerging U.S. LNG market in the early 2000s, initially as a gas importer, and then pivoted to develop an LNG export terminal in the early 2010s after the US shale gas revolution. LNG import operations came online in 2008, while export operations began in 2019. Freeport is the only LNG plant in the US to use grid-powered electric motors to compress and chill natural gas. A pipeline rupture and explosion in June 2022 took the Freeport LNG terminal offline. restart of the terminal was not expected prior to February 2023. History Freeport LNG Development, L.P., was founded as a limited partnership in 2002. The LNG Quintana Island project had been initially developed by Cheniere Energy and was subsequently funded for build out by the LP entity, consisting of Smith Entities (60%) and Cheniere (40 ...
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Freeport LNG
''Freeport LNG''—also known as Freeport LNG Development, L.P.—is a U.S. exporter of Liquified Natural Gas (LNG) located in Freeport, Texas. Freeport was an early entrant to the then emerging U.S. LNG market in the early 2000s, initially as a gas importer, and then pivoted to develop an LNG export terminal in the early 2010s after the US shale gas revolution. LNG import operations came online in 2008, while export operations began in 2019. Freeport is the only LNG plant in the US to use grid-powered electric motors to compress and chill natural gas. A pipeline rupture and explosion in June 2022 took the Freeport LNG terminal offline. restart of the terminal was not expected prior to February 2023. History Freeport LNG Development, L.P., was founded as a limited partnership in 2002. The LNG Quintana Island project had been initially developed by Cheniere Energy and was subsequently funded for build out by the LP entity, consisting of Smith Entities (60%) and Cheniere (40% ...
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Liquified Natural Gas
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state (at standard conditions for temperature and pressure). LNG is odorless, Transparency and translucency, colorless, toxicity, non-toxic and Corrosive substance, non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia. The Liquefaction of gases, liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensation, condensed into a liquid at close to atmospheric pressure by cooling it to approximately ; maximum transport pressure is set at around (gauge pressure), which is about one-fourth times atmospheric pressure at se ...
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Freeport, Texas
Freeport is a city in Brazoria County, Texas, United States, located on the Gulf of Mexico. According to the 2020 census, the city population was 10,696, down from 12,049 in 2010. History Freeport was founded as a European-American settlement in November 1912 by the Freeport Sulphur Company. The population was 300. However, by 1929, that population had grown to 3,500, and to 4,100 by 1939, influencing a steady increase of economic expansion in Freeport.Freeport, TX
, Retrieved 12 August 2007.
By 1937, a Freeport School District had been established, consisting of several segr ...
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Shale Gas Revolution
Shale gas in the United States is an available source of unconventional natural gas. Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of U.S. natural gas. Largely due to shale gas discoveries, estimated reserves of natural gas in the United States in 2008 were 35% higher than in 2006. In 2007, shale gas fields included the #2 (Barnett/Newark East) and #13 (Antrim) sources of natural gas in the United States in terms of gas volumes produced. The number of unconventional natural gas wells in the U.S. rose from 18,485 in 2004 to 25,145 in 2007 and is expected to continue increasing until about 2040. The economic success of shale gas in the United States and rapid growth in the amount produced after 2009 has led to rapid development of shale gas in Canada, and, more recently, has spurred interest in ...
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Limited Partnership
A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited partner. Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability. The GPs are, in all major respects, in the same legal position as partners in a conventional firm: they have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership. As in a general partnership, the GPs have actual authority, as agents of the firm, to bind the partnership in contracts with third parties that are in the ordinary course of the partnership's business. As with a general partnership, "an act of a general partner which is not apparently for carrying on in the ordinary c ...
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Cheniere Energy
Cheniere Energy, Inc. is a liquefied natural gas (LNG) company headquartered in Houston, Texas. In February 2016 it became the first US company to export liquefied natural gas. As of 2018 it is a Fortune 500 company. Company history Initially an oil-and-gas exploration company, the company shifted its focus in the early 2000s to developing liquified natural gas regas terminals, beginning with a terminal in Sabine Pass, Louisiana in March 2005. The company faltered in the late 2000s as LNG imports dried up due to international competition. In 2016 Cheniere founder Charif Souki was ousted after a dispute with investor Carl Icahn. In the late 2010s, as natural gas production rose in the United States, the company grew significantly and in 2016 became an exporter of LNG to international markets under its newly appointed CEO, Jack Fusco (former President and CEO of Calpine). Cheniere published its second annual corporate responsibility report in June 2021 . Cheniere says it is taki ...
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Dow Chemical Company
The Dow Chemical Company, officially Dow Inc., is an American multinational chemical corporation headquartered in Midland, Michigan, United States. The company is among the three largest chemical producers in the world. Dow manufactures plastics, chemicals, and agricultural products. With a presence in about 160 countries, it employs about 54,000 people worldwide. Dow has been called the "chemical companies' chemical company," as its sales are to other industries rather than directly to end-use consumers. Dow is a member of the American Chemistry Council. In 2015, Dow and fellow chemical company DuPont agreed to a corporate reorganization which involved the merger and split of Dow and DuPont into three different companies. The plan commenced in 2017, when Dow and DuPont merged to form DowDuPont, and finalized in April 2019, as the materials science division was spunoff from DowDuPont and took the name of the Dow Chemical Company. History Early history Dow was founded in 1 ...
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Osaka Gas
, commonly written as 大阪ガス, is a Japanese gas company based in Osaka, Japan. It supplies gas to the Kansai region, especially the Keihanshin area when an advert of 1986 used the Mr. Men series by Roger Hargreaves. Osaka Gas is also engaged in upstream, midstream and downstream energy projects throughout the world, including LNG terminals, pipelines and independent power projects, particularly in Southeast Asia, Australia and North America. Overview :Service area : 3,220 km², 68 million households. :Annual gas sales : 8,5 billion m³. :Pipeline : 56,500km in Japan. :The company owns upstream oil and gas assets in Norway and Australia, including Gorgon LNG, Sunrise LNG and Crux projects in Australia and Qalhat LNG in Oman. :It also owns pipeline and power assets internationally. History Osaka Gas began operations in 1897 in Nishi-ku, Osaka, on a site now occupied by the Dome City Gas Building near the Kyocera Dome. It expanded to Wakayama in 1911. Following the end ...
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Regulatory Authority
A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous dominion over some area of human activity in a licensing and regulating capacity. These are customarily set up to strengthen safety and standards, and/or to protect consumers in markets where there is a lack of effective competition. Examples of regulatory agencies that enforce standards include the Food and Drug Administration in the United States and the Medicines and Healthcare products Regulatory Agency in the United Kingdom; and, in the case of economic regulation, the Office of Gas and Electricity Markets and the Telecom Regulatory Authority in India. Legislative basis Regulatory agencies are generally a part of the executive branch of the government and have statutory authority to perform their functions with oversight from the legislative branch. Their actions are often open to legal review. ...
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LNG Train
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state (at standard conditions for temperature and pressure). LNG is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia. The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately ; maximum transport pressure is set at around (gauge pressure), which is about one-fourth times atmospheric pressure at sea level. The gas extracted from underground hydrocarbon deposits contains a varying mix of hydr ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Liquefaction Of Gases
Liquefaction of gases is physical conversion of a gas into a liquid state ( condensation). The liquefaction of gases is a complicated process that uses various compressions and expansions to achieve high pressures and very low temperatures, using, for example, turboexpanders. Uses Liquefaction processes are used for scientific, industrial and commercial purposes. Many gases can be put into a liquid state at normal atmospheric pressure by simple cooling; a few, such as carbon dioxide, require pressurization as well. Liquefaction is used for analyzing the fundamental properties of gas molecules (intermolecular forces), or for the storage of gases, for example: LPG, and in refrigeration and air conditioning. There the gas is liquefied in the '' condenser'', where the heat of vaporization is released, and evaporated in the ''evaporator,'' where the heat of vaporization is absorbed. Ammonia was the first such refrigerant, and is still in widespread use in industrial refrigeration, ...
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