Evaluation of LNG, CNG, GTL and NGH for Monetization of Stranded Associated Gas with the Incentive of Carbon Credit

Associated gas is estimated to account for 17% of global gas reserves. However, majority of associated gas resources are small<br>or located offshore which have made the utilization uneconomical. Operators have thus preferred either flaring or re-injecting<br>the gas rather than utilization. Currently, none of these two options are favored as it is proven that gas re-injection has reverse<br>effect on well recovery over time. Gas flaring is also not pleasant (even not permitted) because of stringent environmental<br>regulations such as carbon tax. These reasons and the elevating energy prices have increased attentions towards utilization of<br>associated gas resources.