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Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. According to Sentyurin, around 80% of the natural gas production by mid-century will stem from new projects, highlighting the importance of continued investment in upstream. —Secretary General Sentyurin.
Fats and greases and inedible oils are opportunity feedstocks, but the US supply of fats and greases is probably on the order of less than 10 million barrels, closer to 1-2 million barrels on an annual basis. Really the question is can the feedstocks be procured at a price competitive to petroleum oil. That’s a big sum.
The situation is the result of supply-chain issues caused in part by the COVID-19 pandemic. Wisy currently has 16 employees, who work in Costa Rica, Panama, Peru, the Philippines, and the United States. Solving Supply-Chain Disruptions Chen says she knew Wisy’s platform had to be “available, reliable, fast, and flexible.”
One will provide Internet to rural Peru, two will service airplanes and cruise liners, and the final satellite’s use is yet to be disclosed. The project has been plagued by safety concerns, engineering missteps, and most recently pandemic supply chain issues. That same year, the company plans to launch four more microGEOs.
Additionally, more than half of the natural gas consumed in India is supplied from domestic production, compared to just 12% for petroleum. They predict a significant shift in the powertrain mix over the next three to four years, with CNG emerging as the clear number two behind crude oil-based fuels in the transportation sector.
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