UNSW Australia Lending its Expertise to ONGC for Increasing Gas Yields from CBM
India:
The
University of New South Wales (UNSW, Australia) has partnered with Oil and
Natural Gas Corporation Limited (ONGC) to increase the gas yields from coal
seams and biogas plants. The gas produced would be tested for industrial
application.
TechSci Research depicts that
the increase
in gas yield would surge the natural gas compressor demand. Gas transmission applications
are typically powered by a reciprocating engine fueled by natural gas which
would surge the demand of natural gas compressors. With growing technological
advancements in the recovery of natural gas through unconventional means, which
include shale gas, synthetic coal-to-gas, coalbed methane and tight gas, huge
demand for natural gas compressors is anticipated to be registered across the
globe over the next five years.
According
to a released report of TechSci
Research, “Global Natural Gas Compressors Market
By Technology, By Application, By Region, Competition Forecast and
Opportunities, 2011 - 2021”, the global natural gas compressors market is anticipated to
cross USD 5.5 billion by 2021. On the basis of technology, natural gas
compressors are segmented into two categories - positive displacement
compressors and dynamic compressors. Among these categories, positive
displacement compressors form the most preferred natural gas compressors
category, predominantly due to their low cost and increasing use in gas
gathering and processing. However, in the recent years, majority of the
upstream and midstream companies are inclining towards dynamic compressors due
their higher efficiency and low maintenance compared to positive displacement
compressors.