LNG and GTL drive 50 years of technology evolution in the gas industry
The technologies needed to shape an industry transformation exist and have been proven on a large scale, the authors say.
While humankind has been aware of the existence of natural gas since ancient times, its industrial use is relatively recent, with the first natural gas wells drilled in North America in the 19th century. The first true natural gas processing plants began operating in Canada at the beginning of the 20th century, but they produced gas mainly for local heating and lighting.
Natural gas has become increasingly popular since the 1940s, and its consumption has grown steadily. Fig. 1 shows increasing gas consumption over the 45 years to 2010. Natural gas is, and will remain, a vital component of the global energy supply, helped by its environmental advantage over other fossil fuels a
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