Nat Gas News May 25, 2017
Nat Gas News – May 25, 2017
In the News
Natural gas facilities with no carbon dioxide emissions
Science Daily reports: How can we burn natural gas without releasing CO2into the air? This feat is achieved using a special combustion method that TU Wien has been researching for years: chemical looping combustion (CLC). In this process, CO2 can be isolated during combustion without having to use any additional energy, which means it can then go on to be stored. The separation into two chambers means there are two separate flue gas streams to deal with too: air with a reduced concentration of oxygen is discharged from one chamber, water vapor and CO2 from the other. The water vapor can be separated quite easily, leaving almost pure CO2, which can be stored or used in other technical applications. By separating the two flue gas streams, there is no longer any need to scrub the CO2 from the flue gas, thus saving a great deal of energy. Despite all this, electricity is generated in the usual way and the amount of energy released is exactly the same as that produced when burning natural gas in the conventional manner. For more on this story visit sciencedaily.com or click the following link http://bit.ly/2rB1oz9
U.S. Natural Gas Futures Under Pressure With Weather, Supply In Focus
Seeking Alpha reports: U.S. natural gas futures were lower for the second session in a row on Wednesday, as updated weather forecasting models points to weaker demand for the fuel. The latest U.S. weather model called for mild temperatures over the next two weeks, which should reduce demand during that time. The EIA’s next storage report due Thursday is expected to show a build in a range between 59 and 69 billion cubic feet in the week ended May 19. That compares with a gain of 68 billion cubic feet in the preceding week, an increase of 71 billion a year earlier and a five-year average rise of 90 billion cubic feet. For more on this story visit seekingalpha.com or click http://bit.ly/2riudAi
This article is part of Daily Natural Gas Newsletter
MARKET CONDITION REPORT - DISCLAIMER
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.
