Monday, September 9, 2019

Natural Gas Drives Me Nuts -- September 9, 2019

Natural gas drives me nuts. LOL.

I track US LNG export terminals at this post.

Earlier today I posted this update:
September 9, 2019: behind schedule? In the graphic above [at the linked article], EIA shows Cameron to have "T3" by 3Q19. A couple of weeks ago, SRE announced that the first train of the Cameron LNG liquefaction-export project had initiated service, located in Hackberry, LA. The article does confirm that the Cameron facility will have three trains. It's hard to say from the story, but it sounds like the capacity of all three trains combined is 12 million tonnes per annum of LNG, or nearly 1.7 billion cubic feet per day. Conversion at this site.
What drives me nuts about LNG? All the different ways they measure LNG and and all the different  ways they report it.

In the example above, they reported it two different ways:
  • tonnes (not tons) 
  • cubic feet
In one case, it's
  • millions of tonnes (not tons), and
  • billions of feet
And then most ridiculously, in one case they report volume:
  • over one year; and
  • over one day
Having said all that, three Cheniere Texas trains at Corpus Christi will provide 13.5 million tonnes per annum, or 330K boepd.

LOL. Now it's boepd.

But it does look like a typical LNG train has a nameplate capacity of about 4 million tonnes per annum, or a hundred-thousand boepd.

By the way, at the "conversion site" linked above, to add more confusion:
  • "M" = million (not, thousand)
  • "k" = thousand

Crude oil? Barrels of oil per day. BOPD. One number. Method.

Unless it's a spill and then it's measured in gallons.