Saudi Arabia Announces Discovery of Large Quantities of LNG in Red Sea

[The SC]

Thursday, 7 March, 2019 - 18:45

Saudi Energy Minister Khalid al-Falih speaks during a news conference in Riyadh, Saudi Arabia January 9, 2019. REUTERS/Faisal Al Nasser
Asharq Al-Awsat


Large quantities of gas have been discovered in the Red Sea, Saudi Energy Minister Khalid al-Falih said Thursday.

Falih said Saudi Aramco was studying possible LNG project acquisition opportunities in the United States.

Saudi state news agency SPA also quoted him as saying that Aramco aims to invest in South Africa where the oil giant is studying a petrochemicals project.


https://aawsat.com/english/home/art...ounces-discovery-large-quantities-lng-red-sea

 

[Foxtrot Delta]

I hope they don't start hostilities with egypt over it

 

[The SC]

I hope they don't start hostilities with egypt over it

This is inside Saudi waters..beside that.. the sea birders were agreed upon a while ago.. so don't worry much..

 

[Hack-Hook]

Honestly LNG ?

 

[raptor22]

Thursday, 7 March, 2019 - 18:45

Saudi Energy Minister Khalid al-Falih speaks during a news conference in Riyadh, Saudi Arabia January 9, 2019. REUTERS/Faisal Al Nasser
Asharq Al-Awsat


Large quantities of gas have been discovered in the Red Sea, Saudi Energy Minister Khalid al-Falih said Thursday.

Falih said Saudi Aramco was studying possible LNG project acquisition opportunities in the United States.

Saudi state news agency SPA also quoted him as saying that Aramco aims to invest in South Africa where the oil giant is studying a petrochemicals project.


https://aawsat.com/english/home/art...ounces-discovery-large-quantities-lng-red-sea

Is the title correct?you can not find LNG ...

 

[The SC]

Is the title correct?you can not find LNG ...

Consider the end result and you'll understand.. you get LNG from NG.. so a huge quantity of the latter means a huge quantity of the former..

 

[raptor22]

Consider the end result and you'll understand.. you get LNG from NG.. so a huge quantity of the latter means a huge quantity of the former..

Ok first congrats and second it's still like I say I've found large quantities of gasoline considering it derived from oil & end result .... by the way :

 

[Maxpane]

congrats KSA

congrats KSA

 

[The SC]

Ok first congrats and second it's still like I say I've found large quantities of gasoline considering it derived from oil & end result .... by the way :
View attachment 544941

As a liquid, natural gas is reduced to 1/600th of its original volume. This makes it feasible and economical to transport over long distances in specially designed ocean tankers. Once received, the LNG goes into storage tanks, is regassified, and delivered to markets.

 

[Peaceful Civilian]

Congratulations!

 

[Yongpeng Sun-Tastaufen]

LNG is expensive. Iran has so much gas Iran can probably supply all of China's electricity demand by burning gas.

https://en.wikipedia.org/wiki/List_of_countries_by_natural_gas_proven_reserves