June 2006


Industry developments

HPI remains in strong growth cycle

KIM JACKSON, Process Editor, Hydrocarbon Processing       Comments? Write: editorial@HydrocarbonProcessing.com Gas processing. The tremendous increase in natural gas consumption has made it one of the most important energy resources globally. Estimated world natural gas consumption for 2006 is over 100 trillion cubic feet (Tcf). This is a 60% increase over the past 20 years.1 One reason for the bullish natural gas forecasts is that the cost of power generation, using natural gas, without government subsidies, is 50% less than using coal.1 Similar trends are seen in the developing parts of the world such as Southeast Asia. T

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