Gross pool
All energy produced is sold solely through a pool to the central dispatch and all energy consumed by suppliers for their consumers is purchased solely from the central dispatch.
Methodology of LNG netback pricing (WGI)
The concept of the netback pricing is designed to permit an apples-to-apples comparison of destination market gas value for a given spot LNG cargo at its point of origin. Namely, if the price we saw was the price sold by x supplier to y client/market, we would not know what were the costs to get …
Local distribution zone
Measures all non industrial and power offtake of gas
Cement retainer
Sealing equipment installed in the casings and liners.
Tubing plug
a cement plug installed inside the production tubing
Israel-Egypt Gas Export Deal Shapes Up (Petroleum Economist)
Practical steps have been taken that could eventually enable gas from Israel’s offshore to be piped to Egypt
East Mediterranean Gas Company
EMG was established to supply natural gas to countries along the East Mediterranean coast starting in El Arish in Egypt and ending in Ceyhan in Turkey through the constructing a 780 km offshore pipeline. Currently, the pan-Arab pipeline overland pipeline from Egypt, Lebanon, Jordan and then on to Syria has been constructed to circumvent the …
A Good Year Also For The Opponents Of The Gas Outline: Who Here Was Corrupt (Globes)
The price of natural gas in Europe increased within 2 years by about 100%. This is the time for the opponents of the gas outline, whose objections was totally political, to do some soul searching
Methane emissions
Emissions or emissions level – The mass of methane emitted into the atmosphere usually expressed in million tons. Emission factor – The average rate of emissions from a specific source such as a piece of equipment, a facility or a country. Emission intensity – The ratio of the volume of methane emitted to the volume …
Gas tariff pancaking
Tariff pancaking happens when gas flows across multiple – generally small – zones are charged with successive tariffs for each zone crossed. This can price new supply sources which have to cross several zones out of certain markets. The pancaking means that multiple tariffs are accumulated and become too expensive.