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 prices flows based on underlying index prices or delivery obligations or time periods. Participants use these tools to further hedge their financial exposure to the underlying price of natural gas. The demand for natural gas is mainly driven by the following factors: Weather conditions can significantly affect natural gas demand and supply. Cold temperatures in the winter increase the demand for space heating with natural gas in commercial and residential buildings. Natural gas demand usually peaks during the coldest months of the year (December–February) and is lowest during the "shoulder" months (May–June and September–October). During the warmest summer months (July–August), demand