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
Phoenix Natural Gas Energy Limited (its Republic of Ireland supply business) for £19.1 million. Terra Firma sold Phoenix Natural Gas to Hastings Funds Management (now re-branded Vantage Infrastructure) in 2013 for £700 million. The Utility Regulator in October 2015 set out a proposal to extend the licence area of Phoenix Natural Gas to include 13 new towns at an expected cost of £58 million. Phoenix Natural Gas Phoenix Natural Gas is the largest gas distribution business in Northern Ireland, being the owner and operator of the licence for the distribution network in the Greater Belfast area. The distribution business is responsible for the