Natural gas for vehicles
Natural Gas for Vehicles (NGV) is a petroleum gas by-product used as fuel. This term is often synonymous with compressed natural gas or compressed gas for vehicles but to a much lesser extent NGV may also be liquefied natural gas. NGV is not the same gas as used in homes, where propane and butane are used. NGV is methane. The difference between the two is basically the moisture present in propane. It is not found in methane, which is generally compressed at 3,000 PSI to store a larger amount of cubic metres in the cylinders and give the vehicle greater autonomy.
Provision of services to LNG vessels
SONAGÁS G.E. currently needs to reach agreements with companies that have experience in providing services for vessels and liquefied natural gas supplies from Punta Europa port (Bioko Island).
Converting Methanol into DME
SONAGÁS G.E. is looking into the possibility of converting the methanol produced at its Punta Europa plant into DME (dimethyl ether). Producing DME releases far less CO₂ than liquefied natural gas and coal. DME could end up replacing diesel and liquefied petroleum gas, it does not need a catalyst and it is less expensive than conventional fuels. However, SONAGÁS G.E. is also interested in converting methanol into other derivatives.
Compressed natural gas
SONAGÁS G.E. plans to collect the gas in the country’s marginal gas fields and store it in higher-capacity reservoirs for later use.
Making use of flared gas
One of SONAGÁS G.E.’s aims is to make use of the flared gas in oil and gas fields in Equatorial Guinea. In order to do this it needs to link up with companies that have the capability to build facilities to recover that gas.