RESOURCES
|
gAs
Position,
position,
position
recently coined ‘the middle east of gas’, Australia is emerging
LNG gas imports
to the Asia Pacific
as the leading source of liquefied natural gas (Lng) for the Asia
increased 5 per cent
last year.
Pacific region writes sAbine LerOY.
AusTrAliA is ConVenienTly siTuATeD lnG is used in heating, cooking and
close to some of the biggest consumers electricity generation. Primarily comprised
of liquefied natural gas (lnG) – Japan, of methane, the natural gas is liquefied by
the republic of Korea and China – which being cooled to minus 162°C, or minus
together accounted for more than 60 per 260°F, which compresses the volume by
cent of the world’s imports in 2008. more than 600 times.
With an estimated 173 million tonnes This liquefied state converts the gas
of lnG traded in 2008, imports to the Asia into a practical size for storage and more
Pacific region increased by 5 per cent to 117 specifically for transportation where pipeline
million tonnes, while imports to the Atlantic transport is not viable. once received in
market declined 7 per cent to 56 million purposely built terminals, lnG is then
tonnes. turned back into a gaseous form and usually
MINING & TECHNOLOGY AUSTRALIA 2010 37
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