Natural gas such as those in Siberia. Hydrates require a combination of high pressure and low temperature to form. In 2010, the cost of extracting natural gas from crystallized natural gas was estimated to be as much as twice the cost of extracting natural gas from conventional sources, and even higher from offshore deposits. In 2013, Japan Oil, Gas and Metals National Corporation (JOGMEC) announced that they had recovered commercially relevant quantities of natural gas from methane hydrate. The image below is a schematic block flow diagram of a typical natural gas processing plant. It shows the various unit processes used to
Natural gas storage gas storage capacity has increased only 1.4 percent. While construction of storage capacity has lagged behind the demand for natural gas, we have seen record levels of price volatility. This suggests that current storage capacity is inadequate. Further, this year, what storage capacity exists may be full far earlier than in any previous year. According to some analysts, that raises the prospect that some domestic gas production may be shut-in. Our final rule should help reduce price volatility and expand storage capacity." This ruling aims at opening up two approaches for developers of natural gas storage, to be able to