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Compressed Natural GasMarathon is jointly developing compressed natural gas (CNG) technology as an economical method of transporting modest to large quantities of gas over medium sea distances. This technology may provide a unique solution to the development of distressed or stranded gas reserves and provides an alternative to associated gas re-injection. CNG technology may also offer lower costs and shorter scheduling time than either liquefied natural gas technology or a pipeline transport. Since the bulk of the investment in CNG lies in shipping costs rather than terminal cost, the technology is more flexible, portable and better suited to projects with small or uncertain reserves. |
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