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Influence of Shale Gas in US on Petrochemical Industry

미국의 셰일가스 개발과 석유화학 산업의 영향

  • Hong, Yeon Ki (Department of Chemical and Biological Engineering, Korea National University of Transportation)
  • 홍연기 (한국교통대학교 화공생물공학과)
  • Received : 2016.04.11
  • Accepted : 2016.05.20
  • Published : 2016.05.31

Abstract

In this paper, the present status of shale gas development was briefly introduced and intended the growing importance and shale gas as a source of chemicals. The large amounts of shale are expected to be produced thereby, a wealth of methane and ethane will be provided as a raw material of ethylene. This manuscript also focus on the influence of potential volumes of shale gas on petrochemical industry, especially domestic one based on naphtha cracking because ethane cracking can offer cost effective ways to convert methane to higher value chemicals.

Acknowledgement

Supported by : 한국에너지경제연구원

References

  1. PwC, "Shale Gas-Reshaping the US Chemicals Industry", October, 2012
  2. K. A. Bowker, "Barnett Shale Gas Production, Fort Worth Basin: Issues and Discussion," AAPG Bulletin, 91, p. 523, 2007 https://doi.org/10.1306/06190606018
  3. Deusche Bank, "Markets Research-Industry: Global Chemicals," November, 2013