AM-13-53 Shale Gas Monetization – How to Get Into the Action

Description:

Shale gas in North America is reviving the petrochemical industry while at the same time lowering energy prices and helping improve overall refinery margins for North American refiners. Shale gas, specifically the associated cost advantaged methane and natural gas liquids (NGLs), provides refiners with opportunities for diversification of both feedstock and product and to capitalize on the associated financial benefits of the operating flexibility this diversification brings through market cycles. Shale gas also introduces new potential business models for projects such as joint-ventures between refining and petrochemical companies by leveraging the unique skill sets of each or joint-ventures between regional independent refiners. This paper will discuss several shale gas monetization options for the North American refiner focusing on methane, propane and butane monetization technology solutions.