Two gas tankers built by the Sinopacific Offshore and Engineering were named last week, and will soon be shipping shale gas to Europe from the United States, China Daily reports.
The ships will join an eventual eight-strong fleet of tankers operated by Swiss-headquartered petrochemical manufacturer Ineos Group Ltd, which will carry 800,000 tons of shale gas annually from the US to its European manufacturing plants.
Jim Ratcliffe, Ineos’ founder and chairman, said the $1 billion project will help revolutionize the European chemicals industry by reducing both feedstock and energy costs.
“Bringing US shale gas to Europe is a huge undertaking, involving Ineos experts from across the globe. To see these two ships finally completed here in China means that this vast project will soon be fully operational.”
Simon Liang, Sinopacific Offshore and Engineering’s chairman and CEO, said more than 2,000 people had been involved in the building of the two “Dragon Class” ships, each of which required about one-million man hours of work.
Two major drilling techniques are used to produce shale gas. Horizontal drilling is used to provide greater access to the gas trapped deep in the producing formation. First, a vertical well is drilled to the targeted rock formation. At the desired depth, the drill bit is turned to bore a well that stretches through the reservoir horizontally, exposing the well to more of the producing shale.
You may find further information about shale gas at http://geology.com/energy/shale-gas/
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