Nigeria which has the 8th largest reserves of natural gas in the world has proven reserves as of 2007 of 181 tcf, followed by Algeria with 161, Egypt with 58, Libya 53, and the rest of Africa 30 tcf. Algeria is a substantial exporter of natural gas and represents over 20% of natural gas supplies to Europe and is also a major supplier to the US
AFCON Industries Group is one of Israel’s largest and leading industrial enterprises. The group engages in the design, manufacture, integration and sale of a wide range of electro-mechanical and control systems, and has gained market leadership based on quality, performance and innovation. AIG offers enterprising, competent and skilled technical professionals dedicated to excellence and quality management.
Advantica is a global engineering consultancy, service and solution provider, supporting clients in the gas, oil, water and electric industries. Advantica is the leading provider of technical consultancy to the International oil and gas sectors and provide specialist seminars/ training across a range of safety, integrity and operational issues for the industry. Advantica can also support the identification of training needs within an organization and develop bespoke training solutions as appropriate including devising competency assessment schemes for a wide variety of Pipeline Engineering and Gas Solutions. Advantica has specialist laboratories and training facilities at its Loughborough Office based in the UK. Advantica won the MNI’s tender at the beginning of 2009 to re-write the natural gas masterplan up to 2020.
President Bush started talking about America’s addiction to oil. Question relates to how long it will take the developed world, mainly the US, to get off (reduce its dependence) on fossil fuels with the belief that a lot can and must already be done to reduce such dependence. Three-time Pulitzer prize winner Thomas Friedman and one of the US’ most read political commentators talks extensively about the issue as well as about petropolitics
An element in a two-part pricing method used in transactions that include a capacity and an energy charge element. The actual flow or energy charge tariff is calculated based on the amount of natural gas actually flowing in the system as opposed to the capacity being purchased in advanced. INGL’s tariff, for example, is made up of a capacity tariff and a flow tariff.
A well-logging method in which sound impulses are generated and transmitted into the formations opposite the wellbore. The time it takes for the sound impulses to travel through the rock is measured and recorded. Subsequent interpretation of the record (log) permits an estimation of the rock’s porosity and fluid content to be made.
Records sound waves through the rocks and indicates the rock’s porosity. Acoustic is pertaining to sound. A record of the measurement of porosity done by comparing depth to the time it takes for a sonic impulse to travel through a given length of formation. The rate of travel of the sound wave through a rock depends on the composition of the formation and the fluids it contains. Because the type of formation can be ascertained by other logs, and because sonic transit time varies with relative amounts of rock and fluid, porosity can usually be determined in this way
