How Valve Makers Benefits of Pipeline Construction in the East

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In terms of crude oil exports, the USA is an island. A law passed in the 1970s banned the export of crude oil, except in cases concerning the national interest. Only mineral oil products may be exported.

Yet the USA haven't been singing the blues. Thanks to fracking, which allows the exploitation of previously inaccessible oil and gas reservoirs, the USA is experiencing a comeback. According to a study by the IEA, the USA will become the largest oil producing country by 2020 and will dethrone Russia as the largest gas producer by 2015.

Now, industry insiders expect things to change: The first US companies have filed for licences allowing them to export LNG. Valve makers have reason to be happy, as flow and transport of LNG through terminals, in liquefaction plants and to storage tanks is controlled by valves. Shut-off and safety valves make sure gas flows to and fro. Transport via LNG tankers also requires valves, for instance to maintain pressure and temperature levels. Pressure and temperature requirements are high. Terminals and tankers can not do without fire safety valves.

US gas exports – a sleeping giant

Natural gas is very cheap in the USA, making it attractive for other countries. Thanks to LNG, the USA could start exporting gas to Europe and Asia, without being concerned with missing pipelines. Nonetheless, it will still take some time. Russia's predominance as the major gas supplier is not in question, at least for the moment. Currently, the country is only concerned with the success of Nord and South Stream.

* Contact: Valve World Expo/Messe Düsseldorf Petra Hartmann-Bresgen; Tel. +49-211-4560-541

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Russia Steps on the Gas

How Valve Makers Benefits of Pipeline Construction in the East

US gas exports – a sleeping giant