Scheduled for hearing by the regulator to get responses and remarks from the public and parties of interest, within a certain allotted time at the end of which the matter will be decided and a decision will be taken that will lead to the preparation of new and/or update of existing standards
Maritime areas, including the air space above it and the sea beds subjacent to it, which is subject to the total sovereignty of the coastal state. Internal waters include the ports with their installations, harbours (insofar as they form shelters), the waters between the shore and the low water mark, certain bays and historical waters.
Sulphur compounds can be present (usually in low ppm levels) in natural gas; e.g. mercaptans, carbonyl sulphide, carbon disulphide, sulphur dioxide. These have to be removed from the sales gas.
In accounting, a contingent asset is defined as a possible asset that is based on past events, and the existence of which depends on uncertain future events that can’t be controlled by the company. The classic example of a contingent asset is a lawsuit filed by a company for damages incurred in the past, which …
Long term LNG contracts in Asia have historically been linked to prevailing crude oil prices, and there are typically 3 pieces to the contract calculation: the oil price, the slope and the constant. The calculation starts with an oil price reference benchmark, the one most commonly used is the JCC (Japanese Crude Cocktail), which represents …
Refers to a 24 hour period other than a calendar day. The start time, when different to midnight, will be chosen for operational reasons. In many countries the gas day runs from 06:00 to 05:59 on the next calendar day. 06:00 was chosen in the UK as it falls at the end of the low …
These are purpose built LNG tankers than can regasify the LNG gas offshore on their onboard equipment and deliver high-pressure natural gas The advantage is that the regas facility does not have to be constructed onshore, it has lower construction costs, shorter development period (12–18 months), allowing smaller projects or seasonal markets to develop. & …
Islanding is the ability (not the requirement) to be energy resource independent. This does not mean that installations operate as islands at all times but rather can disconnect when required
This process involves injecting gas into the bottom of a process vessel, as the bubbles rise they lift oil droplets and solids to the surface where they can be removed by mechanical means. Flotation can be either dissolved gas flotation (DGF) or induced gas flotation (IGF). In DGF the gas saturates the liquid and is …
Liquefaction plants are typically the most expensive element in an LNG project. Because 8%–10% of gas delivered to the plant is used to fuel the refrigeration process. On a typical voyage, an estimated 0.1%–0.25% of the cargo converts to gaseous phase daily. More losses are then incurred during the unloading into the storage tanks and …
