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Review on global investment on liquefied natural gas (LNG) p | 15658
International Research Journals

Review on global investment on liquefied natural gas (LNG) projects and development: Targeting on reduce flaring, cleaner and energy efficiency

Abstract

M. N. Idris

The importance of LNG to the global energy actualisation, maximisation and utilisation cannot be overemphasised. These studies describe the liquefaction processes in a modern scope and LNG reviews on global investment and opportunities. The usefulness of this work is on reducing flaring of our abundant natural hydrocarbon that can be transforming into economy values and environmental friendliness. In Nigeria alone, the LNG projects assist the government to generate a huge sum of revenue that is over $200 - $300 million US in a month. While to the global world, the LNG and the reduced gas flaring has an approximate benefit to the tune of $5 billion US in a month. The interest on this study is to serve as an eye-opener to investors in the oil and gas projects because of its viability and high economic advantages in various ways over the conventional hydrocarbon products (gasoline and diesel oil etc.).

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