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Oil, Gas, Petrochemical Industry News
News Release from: Aker Kvaerner Oil and Gas
Edited by the Processingtalk Editorial
Team on 12 December 2005
Co-operation on natural gas transport
technology
Aker Kvaerner will co-operate with the Indian company GAIL in relation to natural gas hydrate storage and transport technology
Aker Kvaerner has signed a Memorandum of Co-operation (MoC) with the Indian company GAIL regarding natural gas hydrate storage and transport technology The MoC was signed by Proshanto Banerjee, Chairman and Managing Director of GAIL, and Oscar Fr Graff, Vice President, Gas Technology in Aker Kvaerner Engineering and Technology at a ceremony in the Norwegian Embassy in London
This article was originally published on Processingtalk on 17 Nov 2004 at 8.00am (UK)
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The MoC forms the basis for a long term working relationship between the parties.
The scope of the MoC includes feasibility studies of natural gas hydrate transport as an alternative to conventional pipeline and LNG transport.
The parties shall also evaluate the possibility to set up a demonstration facility for this technology in India, and the parties shall jointly co-operate in the development and commercialisation of this new technology.
Natural gas hydrate is a solid, ice-like compound composed of natural gas and water.
Such hydrates are formed under moderate conditions and are stable at atmospheric pressure and about minus 15 degrees C.
Natural gas hydrate has been identified as a promising non-pipeline gas transport method for reasonable volumes and transport distances.
GAIL is the largest natural gas company in India, with transmission, distribution, marketing and gas processing activities, as well as having diversified operations in exploration and production, petrochemicals and other integrated activities with overseas business.
In its efforts pursuing new technology developments, GAIL has identified storage and transportation of natural gas in hydrate form for monetising stranded gas fields as a priority area.
Aker Kvaerner Engineering and Technology AS in co-operation with Professor Gudmundsson at NTNU (Norwegian University of Science and Technology) has developed the concept of natural gas hydrate (NGH) technology for various applications.
A technology company, NGH AS, has been established to commercialise the natural gas hydrates technology worldwide.
The agreement partners are NGH AS and GAIL.
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