Elengy
In 2010, global LNG imports accounted nearly 220 billion cubic metres of natural gas (in a gaseous state) or some 24% of the world’s natural gas trade. This market involves a total of 31 countries, 15 of them exporters.
France is the 6th largest importer of LNG, behind Japan, South Korea, Spain, Taiwan and the USA.
Spot market for LNG has been a sharp increase (40%) and reached 91.3106 in 2010. This represents 18.9% of world trade in LNG.
Source : GIIGNL.
Increasing consumption of natural gas worldwide, together with the expanding distances between consumer and producer regions, is encouraging the growth of LNG trading, which rose by 12% in 2006 and by 7.6% in 2007.
© Mediacenter GDF SUEZ / Interlinks Image / Eric Larrayadieu, Laurent Monlau.
© Mediacenter GDF SUEZ / Gilles Crampes, Franck Dunouau, Philippe Dureuil, Pierre-François Grosjean,
Cédric Helsly
Natural gas is principally composed of methane (CH4) and is found in natural reserves. As a primary energy source, it offers many qualities, and is the cleanest fossil fuel.
It is appreciated for its high calorific value, ease of use, and environmentally-friendly composition.
Natural gas is odourless, but an artificial odorant is added to enable detection in the event of a leak.
When natural gas burns it does not emit dust, soot or smoke, producing only water vapour and carbon dioxide, much like human breath, which is then transformed back into oxygen by plants. It is the most energy-efficient of all fossil fuels on the market.
An explosion of natural gas can only occur if the following three factors occur simultaneously:
Every care is taken in at LNG terminals to prevent these three things occurring at the same time.
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Corresponds to aggregated Shipper send-out allocations in kWh 25°C at the interface between the LSO and the TSO.
This information is provided at 7h00 LT for the preceding gas day.
Amount of gas in kWh 25°C belonged by the shippers in the tanks of the LNG terminal at the beginning of the day.
Corresponds to aggregated Shipper send-out nominations in kWh 25°C at the interface between the LSO and the TSO.
This information is provided at 18h00 LT for the gas day ahead.
Corresponds to the available commercial capacity of the LNG terminal, i.e non subscribed capacity, expressed as the daily average of the month, in kWh/J at 25°C.
This information is updated daily.
Difference between Total Firm Capacity and the amount of booked capacity.
A technology that enables a single fuel source to produce both thermal energy (heat and/or cold) and electricity at the same time.
A power station that comprises a gas turbine generator whose exhaust powers a boiler. The steam from the boiler then drives a turbo-generator.
Operator’s obligations concerning the physical characteristics of the natural gas being delivered (pressure, temperature, etc).
Liquefied Natural Gas
Facilities providing reception, storage, and regasification of liquefied natural gas (LNG) and transferring the natural gas (in its gaseous state) to the Main Network
Contract between the Operator and a Shipper, stating the reception, storage and regas conditions for LNG cargoes delivered by the Shipper to an LNG terminal.
High-pressure, large-diameter facilities linking connecting points with neighbouring networks, underground storage facilities and LNG terminals, to which are connected the regional transport networks and a number of industrial consumers and retail networks.
Responsible for operating an LNG terminal. The Operator delivers services under LNG Terminal Access Contracts signed with Shippers.
Share of the Total Firm Capacity that the terminal Operator has agreed on with a Shipper in a terminal access contract.
Corresponds to the total commercial capacity of the LNG terminal (including the already subscribed capacity), expressed as the daily average of the month, in kWh/J at 25°C.
This information is updated daily.
Terminal access capacity guaranteed under contract by the terminal Operator based on the terminal's technical characteristics, and the operating and integrity requirements of the facilities.
Contracts
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