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LPG Or LNG, Which Gas Is Most Effective For Industrial Use - Investment - Nairaland

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LPG Or LNG, Which Gas Is Most Effective For Industrial Use by kiakiagas: 8:53am On Jul 13, 2022
Liquefied petroleum gas (LPG), known in some countries as propane, butane, bottled gas, or cooking gas, is a clean-burning and efficient cooking fuel used by almost three billion people. For many urban and rural poor, it has long been an aspirational fuel. LPG is disliked by some in the development community because it is nonrenewable. However, because LPG is an unavoidable byproduct of oil and natural gas production and oil refining, there is a global supply. Some of the excesses are vented or flared at oil and gas production facilities, losing a valuable fuel supply and releasing carbon into the sky. It makes sense to use it for healthy cooking. Stored to maintain enough propane to meet the changing needs of its customers, the bulk plant is designed to receive and store large quantities of propane from the wholesaler and maintaining optimal operations in large scale LPG facilities is essential for a gaspreneur.
LNG on the other hand is a natural gas (NG) that has been liquefied for ease of storing and transporting which is 600 times smaller than natural gas when it is in its gaseous form, and it can be easily shipped overseas. LNG is produced by cooling natural gas below its boiling point, −162 °C (−259 °F), and is stored in double-walled cryogenic containers at or slightly above atmospheric pressure. By merely increasing the temperature, it can be transformed back to its gaseous state. Aside from Angola, Equatorial Guinea, and Cameroon, Nigeria is one of the countries blessed with LNG in Sub-Saharan Africa.














LPG for Cooking
Liquefied Petroleum Gas (LPG) is widely used for cooking around the world, but to a lesser level in most underdeveloped countries. LPG is a nonrenewable source of energy. However, when compared to cooking with hardwood or charcoal, it is commonly known that using LPG has few recorded negative health impacts. One of the main drivers of deforestation in Sub-Saharan Africa is the demand for firewood and charcoal as a source of cooking energy. Increasing the usage of LPG is one of the options for reducing the strain on forest resources. Cooking with biomass produces both greenhouse gas emissions and indoor pollution from black carbon. Kiakiagas has endeavor to reach different classes of people and orientate them on the benefit of LPG to their health. We also give information about how LPG is a more cost-effective, faster, and environmentally friendly cooking method than previous methods.
LNG Reduces Automobile Noise Pollution: In contrast with diesel vehicles, natural gas vehicles can minimize noise by as much as 50 percent, making it quieter when trucks go down the street. It not only makes cars quieter, it can also contribute to the development of more jobs. For every 1 percent rise in the production of natural gas, it is possible to generate about 35,000 jobs. The key factors for NGV adoption are economic advantages, environmental concerns, energy protection and NG availability. The three, key policy instruments are vehicle technology and fuel legislation, customers and/or suppliers incentives and market creation based on government fleets and direct investment in infrastructure.
LPG as Autogas: LPG is a widely used engine fuel. The annual usage of so-called autogas is estimated to be around 1.7 million tonnes, with an upward trend. On Polish highways, about 3 million cars with bifuel engines, predominantly spark ignition engines, are driven. The development of this type of fuel is accompanied by a large logistical infrastructure. LPG's unique advantages as an alternative engine fuel have been well recognised.








LNG is safer: Compared to gasoline and diesel, LNG is safer. When dispersed, LNG is non-toxic, non-corrosive, mix quickly and uniformly with air, have little potential for ground or water contamination in the event of release, are less combustible, have a slightly higher ignition point and can only ignite air concentrations of between 5 percent and 15 percent. They requires high auto-ignition compression energy and are less likely to auto-ignite on hot surfaces as it has a high temperature of about 640 ° C for ignition, compared to 230-280 ° C for gasoline.






Industrial Uses of LPG: Apart from being used as a residential fuel for heating and cooking, LPG has a variety of industrial and commercial applications. LPG gas is used in most industries since it is clean, safe, and efficient. It contains more energy than the majority of other fuels. Galvanizing, metal melting, heat treatment, and steam generation are some of the industrial applications of LPG. Galvanization is the process of coating iron or steel with a zinc layer to keep it from rusting. A hot zinc bath is used in the hot-dip galvanising process, and metals are dipped in it. Because the pre-heating time for the process is small, LPG plays a big role in this section, reducing the galvanization time.
LNG is Durable and Cost Efficient: LNG has a service life of two to three years longer than equivalent traditional vehicles because LNG is a safer fuel that burns, and the time between regular maintenance tests is longer. Usually, however, the acquisition cost is around 10-15 percent higher. The cost and restricted supply of LPG/LNG from the original equipment manufacturer facilitated the conversion of conventional vehicles worldwide to dual-fuel or bi-fuel. The cost of retrofitting varies across countries and in some they are subsidized.





The use of LPG or LNG for the industrial setting is extremely fine. The ambient plum emissions from vehicle exhaust sprays is one of the cleanest fuels available in the Sub-Saharan countries, where gasoline with high volume of emission that is dangerous to human health is into use. This emission pollutes the air and paves the way for inhaling contaminated oxygen. LNG emissions are reduced 90 to 97 per cent by the use of carbon monoxide. Indeed, the conversion of one vehicle from diesel to gas in terms of emissions control harmful emission equivalent to as many as 325 vehicles being taken off the roads. The use of LPG or LNG rather than diesel or gasoline helps to minimize particles from vehicles’ emission, which could make asthma and other breathing problems worse.







Depending on the project structure, the marketer of the acquired LPG or LNG for commercial usage may be distinct from the purchaser. The question is whether an investor's share of non-LPG gasses for commercial purposes is marketed individually or whether LNG is marketed by a separate corporate entity. Because only one operator is involved in building activities, the integrated structure for LPG or LNG for commercial usage offers operating efficiencies. Transparency and coordination between the operators can help to overcome the operational inefficiencies of having two operators. Separate projects for commercial uses of non-LPG gases might result in project-on-project risk, in which one project is completed before the other.
THE NEED FOR A FEASIBILITY STUDY
There is a need to develop a viable feasibility study in order to maximize the potential opportunities that come with the LPG or LNG for commercial uses and to minimize the potential threats associated with it. A feasibility study examines all of a project's pertinent aspects, including economic, technical, legal, and scheduling issues, in order to determine the project's chances of success. The feasibility study looks into the viability of a possible business project, i.e., (a) is the project worth the investment; or (b) is the project unworkable because it won't generate profits or takes too many resources that an organization could employ elsewhere. In recent years, doing a preliminary feasibility study before a complete trial has grown more usual. A feasibility study is always beneficial to a LNG project because it provides a clearer picture of what is being proposed. Some of the key advantages of conducting a feasibility study include:
• Enhances the success rate by assessing several parameters
• Improves project team focus
• Identifies new opportunities
• Provides valuable information for the "go/no go" decision
• Narrows the business options
• Identifies the valid reason(s) to pursue the project
• Assists in project decision-making
• Identifies grounds to abandon the project











The relevance of a feasibility study stems from the company's goal to "get it right" before investing time, money, and resources. A feasibility study may unearth fresh ideas that totally alter the scope of a project. It is important not to take the choice to perform a feasibility study carelessly. It is a process that takes some time. However, failing to undertake a feasibility study can be much more costly in terms of the poor decisions you may make as a result of failing to do so. Hiring an expert does not negate your responsibility for ensuring that the feasibility study is conducted properly. This has given us more reasons at KIAKIAGAS Nigeria Limited to engage you in the project and the evaluation process, understand the issues involved, question the basic assumptions used in the study, and challenge the conclusions of the study. If you are a busy person, a team from your organization can represent you. Your representatives serve as a link between the KIAKIAGAS and your organization, ensuring that the study moves forward in accordance with the project's goals. They will be fully carried along to ensure that they have a solid understanding of the project in order to accomplish these jobs effectively.

KiakiaGas Limited is a leading Gas business in Lagos, Nigeria with expertise in LPG retailing, New Gas Market development, Building of Gas Plants and Gas strategy advisory. Supply by KiakiaGas provides LPG and LNG products equipment for corporate and institutional clients for the project and operational needs. If you need a partner with hands-on local expertise in the Nigerian Gas space or any of our bespoke solutions/services, kindly visit hello@kiakiagas.com to learn more.to learn more.

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