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Gold/Mining/Energy : PIONEER NATURAL RES. (PXD)

PXD 269.62

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May 3 4:00 PM EDT

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From: Jon Koplik	9/23/2015 5:39:00 PM
	of 233

Some info. on liquefied natural gas (from an Oil & Gas Journal piece) ............................ pennenergy.com LNG facts from the Center for Liquefied Natural Gas (CLNG) LNG, or liquefied natural gas, is natural gas that is cooled to -260° Fahrenheit until it becomes a liquid and then stored at essentially atmospheric pressure. Converting natural gas to LNG, a process that reduces its volume by about 600 times allows it to be stored and transported efficiently. LNG is then warmed back into its original gaseous state so that it can be used just like existing natural gas supplies. When returned to its gaseous state, LNG is used across the residential, commercial and industrial sectors for purposes as diverse as heating and cooling homes, cooking, generating electricity and manufacturing paper, metal, glass and other materials. LNG is not stored under pressure and it is not explosive. LNG vapors (methane) mixed with air are not explosive in an unconfined environment. When exposed to the environment, LNG rapidly evaporates, leaving no residue on water or soil. Copyright © 2015 PennWell Corp. . . .

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