Natural Gas
NATURAL GAS
Novaoil Petro are actively in the natural gas business as it’s expected to play an important role in people’s lives and impact in the world’s economic growth. The company have also been in the development of limiting CO2 emissions by producing cleaner natural burning gas.
Natural gas is expected to replace traditional fuel due to its environment friendly characteristics, Natural gas powers, heats and cools industries, homes and businesses; it fuels automobiles and vessels as an alternative to diesel and heavy fuel oil; and it also goes into many everyday essentials.
Reserves volume as of november 30, 2019
Reserves according to the classification of PRMS, DeGolyer & MacNaughton | 2019 |
---|---|
Proved gas reserves, billion cubic meters. | 107 |
Probable gas reserves, billion cubic meters. m | 36 |
Possible gas reserves, billion cubic meters. m | 22 |
Efficiency motor fuel
Automobile engines operating on Liquid Natural Gas (LNG) fully complies with the highest environmental standards of Euro-5 and Euro-6. while drastically reducing harmful emissions into the atmosphere, comparing to traditional fossil fuels without solid particles and sulfur compounds.
The main components of smog are emissions of carbon monoxide and heavy hydrocarbons which are reduced by 65%, emissions of nitrogen oxides are also reduced.
30 – 50% Fuel costs when using LNG are 30–50% lower compared to traditional fuels
Environmental protection
Novaoil Petro are specialized in environmental divisions and are persistently working on environmental regulation of pollutant and emissions into the atmosphere, discharges into water bodies, production and disposal of production and consumption waste.
In order to improve the environmental pollution and emissions in the regions we operates, the Company is working to expand the use of natural gas as a motor fuel.
The main environmental protection measurements are aimed at reducing the negative technological impact (reducing greenhouse gas emissions, land reclamation, equipping waste collection and storage sites, planting greenery, etc.).