Otmane El Rhazi : New methanol and fertilizer plants to increase already-growing industrial natural gas use

Otmane El Rhazi from Today in Energy.

Reversing a decline that lasted more than a decade, industrial natural gas consumption has grown steadily since 2009 as relatively low natural gas prices have supported use of natural gas as a feedstock for the production of bulk chemicals. Industrial facilities, including methanol plants and ammonia- or urea-based fertilizer plants, consumed an average of 21.0 billion cubic feet per day of natural gas in 2014, a 24% increase from 2009.