Nobody downloaded yet

Future of Natural Gas in the Mediterranean Basin - Essay Example

Comments (0) Cite this document
Summary
Natural gas is a combustible mixture of hydrocarbon gases. While natural gas is formed primarily of methane, it can also include ethane, propane, butane and pentane. Natural Gas is a vital component of the world's supply of energy. It is one of the cleanest, safest, and most useful of all energy sources…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Future of Natural Gas in the Mediterranean Basin
Read TextPreview

Extract of sample "Future of Natural Gas in the Mediterranean Basin"

Download file to see previous pages Shale gas is obtained from shale, a sedimentary rock, and in the past decade has become an important source of natural gas in the United States and Canada.
North Africa possesses massive oil and gas reserves, viewed as strategically vital because of their proximity to European consumers across the Mediterranean Sea. "In terms of natural gas reserves, Algeria, Libya and Egypt contain the majority of the regional resource, except that Algeria is the main site of the reserves. Algeria is the eighth largest country worldwide in terms of proven gas reserves. Algeria possesses the majority of the gas resource at around 159 trillion ft3, followed by Egypt with 58.5 trillion ft3and Libya at 54.38 trillion ft3. Proved gas reserves have grown significantly over the past decade, with the most significant new finds in Egypt. Egypt joined the ranks of LNG exporters in 2005" (Yamaguchi, 2009)
These African countries have an edge over their Russian counterparts in terms of supplies of gas to these southern European countries. The Russian companies are far away from southern European countries as compared to these African countries. In future the supply from these African countries will continue to cater to the demand of the Mediterranean region. These African countries are also encouraging foreign investments in this sector. With demand in the southern European countries rising each year, more and more European companies are entering into collaborations with the North African companies in all the segments including upstream, midstream and downstream. With these investments, new gas field are being found, more pipelines are being constructed in the Mediterranean region. On combustion, natural gas produces less harmful gases as compared to the petroleum products. For this reason, the future demand for natural gas is increasing with every passing year.
In the Mediterranean region as well, this demand is expected to grow in the coming years. Europe does not have reserves which can cater to its 100% demand. Hence southern European countries are dependent on North African countries for their gas requirement.
In the last decade, shale gas has become an increasingly important source of natural gas in the United States and Canada. There are speculations that shale gas may be present in other parts of the world as well. Very recently, the United States has also offered to help other nations in determining whether they have natural gas resources trapped in shale rock. This is a good move from the Government of the United States but the whole process of finding out reserves, taking out gas from shale rocks, bringing this to market; all this will take time. The countries around the world are looking at this shale gas with suspect eyes because of the technology required to extract gas from rocks.
Solar energy is increasingly becoming a big source of energy supply to the ever increasing demand for energy in the European countries. North African countries have huge deserted lands where huge solar plants can be installed and energy could be supplied to Mediterranean region. But the question is, is this feasible enough It has been proved that solar power is much costlier than the power ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Future of Natural Gas in the Mediterranean Basin Essay”, n.d.)
Retrieved de https://studentshare.org/politics/1527244-future-of-natural-gas-in-the-mediterranean-basin
(Future of Natural Gas in the Mediterranean Basin Essay)
https://studentshare.org/politics/1527244-future-of-natural-gas-in-the-mediterranean-basin.
“Future of Natural Gas in the Mediterranean Basin Essay”, n.d. https://studentshare.org/politics/1527244-future-of-natural-gas-in-the-mediterranean-basin.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Future of Natural Gas in the Mediterranean Basin

Dolphin Natural Gas Project

...Dolphin Natural Gas Project Countries in the Middle East are with no doubt endowed with immense resources of oil and natural gas. Various projects have been laid down by governments and private businesses to make the best out of these resources for economic growth. This research focuses on the Dolphin Natural Gas Project in the Persian Gulf which is one of the most sensitive of the gas projects that exist in the region. This is due to the fact that it involves three countries namely the UAE, Qatar and Oman. During the inception, each of the three partners was tasked with a role and responsibility in the project. However,...
14 Pages(3500 words)Research Paper

Natural Gas/Methane

...in transportation in order to reduce the level of pollution caused by them. It cannot be said that natural gas is absolutely clean and safe for future use. It is a comparatively safer mode of energy source with fewer harmful effects than oil and coal (Casper, 2010). In an article written by Caruso for the Huffington Post, he states that the extraction of natural gas results in a salty wastewater byproduct which is polluted with barium and strontium. In order to remove these pollutants, another heavy priced process needs to be implemented to remove them through drillers which will induce the content deep under the surface of the earth (Caruso, 2011). The...
4 Pages(1000 words)Essay

Natural gas

...in Latin America Venezuela has abundant of natural gas resources for next more than a century. Russian natural gas reservoirs will be sufficient for next eight to nine decades (Are We Running out of Oil and Gas? n. d.). Works Cited Speight, James G. Natural Gas A Basic Handbook. Houston, Texas: Gulf Publishing Company 2007. Print. Kidnay, Arthur J., and Parrish, William R. Fundamentals of Natural Gas Processing. Boca Raton: CRC Press Taylor & Francis Group 2006. Print Ratner, Michael. “Global Natural Gas: A Growing Resource.” Congressional Research...
5 Pages(1250 words)Essay

Natural Gas Plants

...Plant Introduction As the world is progressing different types of things are required by the population. New advancements are being done in all the sectors of this world. With the increasing requirements of the world today it is seen that many types of materials are being processed. The basic materials for usage for many materials are derived from raw materials. For the processing of these raw materials into something productive, plants have been designed. These plants use different sorts of devices and techniques to furnish the raw materials. All over the world many chemical, water and gas plants have been designed to fulfill the needs of the population. Natural gas is also known to...
5 Pages(1250 words)Research Paper

Natural gas

.... Also in Africa Nigeria can enjoy the use of natural gas for more than hundred years. Similarly in Latin America Venezuela has abundant of natural gas resources for next more than a century. Russian natural gas reservoirs will be sufficient for next eight to nine decades (Are We Running out of Oil and Gas? n. d.). Works Cited Speight, James G. Natural Gas A Basic Handbook. Houston, Texas: Gulf Publishing Company 2007. Print. Kidnay, Arthur J., and Parrish, William R. Fundamentals of Natural Gas Processing. Boca Raton: CRC Press Taylor & Francis...
5 Pages(1250 words)Essay

Natural gas

...Natural Gas: A Good Source of Energy Natural gas is one of the most important sources of energy. There are a variety of opinions surrounding naturalgas. Natural gas is a fossil fuel just like coal and oil. It forms much below the earth’s surface. Natural gas primarily constitutes methane which is the lightest hydrocarbon. Natural gas neither has odor nor color and yields a lot of energy when burned, which makes it a good source of energy for all sorts of domestic and industrial purposes. However, natural gas is not renewable since it is a...
4 Pages(1000 words)Essay

Natural Gas in Israel

..., the country discovered a relatively big natural gas reserve near Haifa - a place also claimed by Lebanon. One of Israel’s main gas fields is Tamar gas field. The field is located in the Mediterranean Sea, several kilometers from Israel’s coast. The gas field is located in waters that are about 1700 meters deep, some 80 kilometers from Haifa. The Tamar oil field was Israel’s first large scale hydrocarbon resource. The discovery of gas in the Tamar gas sands was confirmed in 2009, it being estimated to have about 223 billion cubic metres of proven natural gas (Shoshanna...
8 Pages(2000 words)Assignment

Natural gas & Geothermal energy

...Natural gas and geothermal energy Introduction Both natural gas and geothermal energy are found beneath the earth surface. However,geothermal energy is a renewable energy source while the natural gas is a nonrenewable source. The material sources of these energies are also different. The Rankine Cycle depicts a heat pump, which is used in the generation of energy when a working fluid is supplied to the system. Natural gasNatural gas depicts a fossil fuel, which formation occurs because of the pressure and intense heat of the buried gases, plants and animals. Plants...
1 Pages(250 words)Essay

Natural Gas Boiler Plant

...Natural Gas Boiler Plant Introduction The lab aimed at establishing how efficient the boiler plant located in close proximity to the UNB Campus is. Various steps were undertaken to achieve this, such as stack gas analysis, bomb calorimetry, air combustion, steam and feed water and heat losses. Different individuals executed tasks at each section. The steam and water section was the first to be undertaken. This aimed at determining the flow rate of steam, moisture content of steam, steam enthalpy, feed water enthalpy, pressure of feed water and temperature of feed water. Different tests at the plant provided these measures. Stack gas analysis sought to find the...
3 Pages(750 words)Essay

Liquefied Natural Gas

...Liquefied Natural Gas (LNG) Insert Insert Capital Costs (Dhari) Fall semester For purposes of the capital cost, it refers to the one-time costs that are incurred to start the production. They are the costs required to bring the plant to a condition that it can be operated. These costs are not incurred every year; therefore, we expect the values of the capital costs to vary for the two semesters. The costs depend on the requirement of the plant and the changes that will need to be made to the already existing machines. The capital costs incurred in the LNG plant will be mostly in terms of the various machines required to start its operations. The machines that add most to the capital cost include the...
7 Pages(1750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Future of Natural Gas in the Mediterranean Basin for FREE!

Contact Us