tag:blogger.com,1999:blog-1637400230845782321.post8116612554717104410..comments2023-07-12T23:56:31.870-08:00Comments on Alaska Gas Pipeline: A Detailed Look at the Point Thomson DecisionAK Engineerhttp://www.blogger.com/profile/14212732718869625585noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1637400230845782321.post-7846009409547501092008-05-06T08:45:00.000-08:002008-05-06T08:45:00.000-08:00First, Thomson cycling Will NOT save the NGLs, e.g...First, Thomson cycling Will NOT save the NGLs, e.g. (today's prices): Reservoir has: $100 Billion in Thomson "Gas" (CH4), $30B NGLs (propane, etc), & $5.6B Oil<BR/>... When pressure drops to 500 psi or so where the "dense phase", a near-liquid, collapses, Gas comes out & leaves the liquid NGLs. Say you started at 1000 psi & "recover" 80%: you lose 30% of the NGLs.<BR/>But Thomson is 10,000 psi, so an 80% recovery only drops to 2000 psi & so loses NOTHING.<BR/><BR/>Second, Irwin blithly states a gas pipeline is the "ONLY" way ... did we DREAM the S.S.Manhattan's 1969 trip? As the pipeline's price overran a factor of 3, the TANKER was the better deal.<BR/> For 30 years I've been trying to get this into Politicians' & Managers' heads & they DO NOT LISTEN. They tell me LNG tankers would freeze to the Dock.<BR/>Well, it's Qatar's tankers that make EXXON hold out for Over-the Top, as all SMALL pipelines have cost-per-gas higher. And Russia's are soon to be near half that.<BR/>... A "backdoor" approach to Chicago via Hudson Bay is half Russia's distance and thus can NEVER be under the cost of ANY import.<BR/> Energy has been " BOOM! & BUST! " for 150 years. Any other Plan will go BANKRUPT when the Price is in the "BUST" part of the Cycle. You'll lose your Permanent Fund, Alaska ! -- taking the Prudhoe Gas loses $100+ Billion of Oil. You think you don't have to PAY that ! Fortunately Tankers can take the other Gas along the coast, estimated at 10 times Prudhoes', but unreachable without COSTLY pipe extensions -- remember it is the Northmost third of the Oil Pipe that overran in 1978.Anonymousnoreply@blogger.com