Business / LNG Introduction
LNG Introduction
The Industrial Chain
Hanas Group aims at building the whole industrial chain of LNG to provide customers with convenient, efficient and economical natural gas energy solutions. Meanwhile the Group adopts the “Internet +” model to integrate its resources at the LNG industry chain to achieve the digitalization and industry scale of its LNG industry to deliver more efficient services for both online and offline transactions.
Hanas has built up a system capable of meeting the basic needs of its customers and facilitating the development of the LNG market along with the customer participation, which will result in mature transaction standards and rules for a macro eco system for natural gas trading.
LNG refers to Liquefied Natural Gas (LNG), the liquid form of natural gas. Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane(CH4), which is odorless, colorless, non-toxic and non-corrosive under normal temperature and pressure.
Liquefied natural gas is natural gas that has been converted to liquid form by gas processing,CO2and Sulphur removal, dehydration, heavy hydrocarbon removal, mercury removal and then condensing and cooling to approximately −162 ℃. This process reduces the volume of the gas by a factor of more than 600, and enables the secure and reliable transportation and storage of LNG.
CNG is compressed natural gas, which is natural gas being pressurized (more than 3,600 psi) and stored in the vessel in gaseous form.
Liquefied natural gas (LNG) is recognized as a green energy. It is safe, efficient, economical, environmentally friendly and scalable to small-size ventures and now becomes a new core term of energy which has been widely used all over the world.
Safe
LNG itself does not contain any corrosive and toxic substances, it is inflammable (fire extinguishes quickly after LNG is immersed), it will rapidly vaporize when leaked in the air and has no harm to the ocean ecology and atmospheric environment. The possibility to trigger explosion is virtually zero due to non-pressurized storage tanks.
Economic
LNG occupies much less space than normal natural gas. For locations unfit for constructing underground storage facilities, it is still feasible to build storage tanks on the ground to store LNG which is in high demand.
625 cubic meters of natural gas can be converted into 1 cubic meter of liquefied natural gas. By using specially designed storage tanks, long-distance transportation of LNG is made possible and reliable. Importing LNG through marine shipping expands and diversifies China’s natural gas sources.
Environmental protection
In the liquefaction process of liquefied natural gas, sulfur and any impurities are almost completely removed, and then re-gasified gas is widely regarded as the cleanest fossil fuel. Emissions of Sulphur dioxide, nitrous oxide and particulate matter produced by natural gas combustion are much lower than those emitted by other fuels.
Smaller volume
The volume of LNG is 1/625 of the volume of the natural gas, which is small and convenient for transportation and storage.
Globally, natural gas has been widely used in city gas, public transport, industrial fuels and chemical raw materials applications. In recent years, it has become an increasingly popular fuel for power generation.
City Gas
Natural gas / LNG is clean, efficient and safe. Natural gas burning emits far less carbon dioxide and other pollutants than coal burning. It has been widely used as a clean fuel by urban residents.
Vehicle / vessel fuel
Transportation and marine shipping industry is a fast growing segment for LNG. LNG is the ideal alternative energy to replace diesel oil due to its unique characteristics of being reliable, low cost, non-explosive, low noise and low pollution.
Point to point supply for industrial gas
It is directly used in industrial production, gas-fired power generation and other industrial users. Also, it has replaced ethyne as the new cutting gas used in high-end ceramic firing, glass factory and other industries.
