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Here at National Plant & Equipment, we’re always interested in seeing the latest statistics surrounding the oil and gas industry. So when we came across an infographic showing the seven largest liquefied natural gas (LNG) projects on Earth, by Mirage Machines, we knew we had to share it.
LNG has revolutionised the world’s energy market. Natural gas powers many homes, businesses and cities, but for those that are located far from a gas field, LNG is invaluable. By cooling natural gas to -160ºC, LNG is created – it is a colourless, clear, non-toxic liquid that takes up a lot less space than natural gas, so it can be stored and transported more easily. It has the added benefit of emitting less CO2 than many other fuels, too.
Mining machinery is perfectly placed for a move towards LNG because the vast majority of haul trucks use diesel engines with electric traction drives. This kind of engine can be converted to a gas engine relatively easily. In addition, LNG is extremely convenient for mining operations, as they have a high demand for fuels, but are usually located in remote locations without ready access to them. LNG can be transported and used in these areas without difficulty.
Perhaps unsurprisingly, five of the world’s seven largest LNG projects can be found in Australia. However, the top two projects are overseas; Russia takes second place with their project in Western Siberia, which will have an estimated output of 16.5 million tonnes per annum. The USA takes the top spot, with a Gulf Coast project that will include trains with the capacity to carry tonnes of LNG and an estimated output of 18 million tonnes per annum.
With these seven projects worth an estimated combined total of over US$190 billion, the importance of LNG to the global oil and gas industry is plain to see.
You can take a look at the world’s seven largest LNG projects in more detail below.
Infographic source:Â http://blog.miragemachines.com/
As Australia continues to dominate global LNG projects, the accessibility and cost-effectiveness of LNG will likely improve further. Forward-thinking mining operations are already planning their transition strategies, recognising that early adopters will have a significant advantage as environmental regulations tighten and fuel costs continue to fluctuate.
At National Plant & Equipment, we’re committed to supporting our clients through this industry evolution. Whether you’re considering a partial fleet conversion or planning a complete transition to LNG-powered equipment, our dedicated team can help you assess your options and find the right solution for your operation.
We understand that every mining operation is unique, which is why we offer flexible equipment solutions suited to your specific needs. From initial consultation to ongoing support, we’re here to ensure your transition to LNG is smooth and successful.
Interested in learning more about how LNG could benefit your operation? Our experienced team is ready to discuss your specific needs and help you understand the practical implications for your site. Message us to arrange a consultation and discover how we can help you leverage the advantages of LNG in your mining operation.
For all your earthmoving and mining machinery needs, look no further than National Plant & Equipment. With our extensive fleet and deep industry expertise, we’re ready to support your next project with excavators, dump trucks, dozers, graders, loaders and other rental equipment.
Call us today at 1300 794 448 to discuss how we can help your business achieve its goals.
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For all your construction, earthmoving and mining machinery rental and sales needs, look no further than National Plant & Equipment. We can help your mining or construction business improve efficiency and reduce costs. To find out how, get in touch today on 1300 794 448 or contact us.
