Pair NGL recovery with LNG production to improve processing economics

D. Beck, Audubon Companies, Denver, Colorado In recent years, the use of LNG as a clean-burning alternative to coal, gasoline and diesel has grown dramatically. However, this trend has been somewhat hampered in recent months as the price differential between crude oil and natural gas has narrowed. Overall demand for natural gas throughout the globe is expected to rise steadily in the coming years. In light of this growing demand, the need for new and more efficient methodologies that can help producers deliver LNG to market quicker and cheaper has also increased. Pairing LNG production facilities with NGL recovery plants has proven to be an effective way of delivering LNG to market. As th