Issue link: https://geospatial.trimble.com/en/resources/i/1415432
development of an ethane storage and distribution hub would aid natural gas development in the Marcellus and Utica shales, as well as attract petrochemical projects to areas outside the USGC, where 95% of existing US capacity is concentrated. "Our report shows there's significant potential for the US to grab a large share of the global petrochemical market," US Secretary of Energy, Rick Perry, told the National Petroleum Council. "We have the potential to diversify our petrochemical footprint. Building capacity in Appalachia is a once-in-a-lifetime opportunity." LNG Cheniere now has four 700 million ft 3 /d trains operating in Sabine Pass, Louisiana, and has been shipping LNG to various consumers in Europe and Asia. The commissioning of the fifth train will give the Sabine Pass terminal 3.5 billion ft 3 /d capacity. Houston-based Tellurian continues to advance its US$15.2 billion Driftwood LNG plant in Calcasieu Parish, Louisiana. The project would include up to 20 LNG trains, three storage tanks and three marine berths. Tellurian aims to begin construction of the plants and pipelines in mid-2019, and deliver first LNG for export in 2023. According to the EIA, the US will have 23 billion ft 3 /d export capacity by 2040. In Canada, LNG on the west coast is once again back on track. LNG Canada, a consortium led by Shell Canada and Petronas, has been given the green light. The US$40 billion project in Kitimat, B.C., could see up to 3.7 billion ft 3 /d being converted by several trains into LNG for export to Asia by the mid-2020s. Woodfibre LNG near Squamish, B.C., is being developed by Singapore-based Pacific Oil & Gas. The US$1.8 billion project would convert 300 million ft 3 /d of gas. Pembina Pipelines of Calgary is moving ahead with the Jordan Cove project, to be built in Oregon. The train would consume 1.2 billion ft 3 /d. All projects would require extensive tankage to hold both gas and LNG, was well as terminal facilities to handle the LNG carriers. Looking to the future The price of oil will largely dictate much of what happens with unconventional production over the next several years. In the face of low oil prices in late 2018, OPEC, Russia and other non-OPEC producers agreed to reductions totalling 1.2 million bpd to stabilise the market. Major North American unconventional plays now sit within the US$30 – US$40/bbl break-even point. The EIA expects US production to exceed 12 million bpd in 2019, and for gas production to reach 100 billion ft 3 /d in the next few years. Tanks and terminals will need to expand in step in order to supply much-needed infrastructure and export needs. © 2019 by AMETEK Inc. All rights reserved. The new Total Tank Level System. Made of durable polymer and stainless steel, this rugged tank probe RIIHUVWRWDODQGLQWHUIDFHOHYHOVHQVRUV¿YHWHPSHUDWXUHVHQVRUVDQG advanced magnetostrictive technology. With lengths up to 50 feet, it is ideal for oil, oil/water, condensate or petrochemical applications. It is the PRVWDFFXUDWHFRVWHIIHFWLYHDOWHUQDWLYHWRÀH[LEOHVWDLQOHVVVWHHOFDEOH probes. This product model is also available in a rigid 316 SS version. See them both at drexelbrook.com. The smartest alternative in tank level measurement. think tank Now With Worldwide ATEX DQG,(&([$SSURYDOV