Gas Processing/LNG
Repsol likely to sell global LNG assets to Shell
Repsol was initially looking to raise some €3 billion via the sale, but the final figure could be much lower, in the ballpark of €2 billion. The LNG assets are located in Peru, Trinidad and Tobago, Canada and Spain.
Shell, Kinder Morgan announce plans to export LNG from Georgia terminal
The move, which comes in the wake of a recent report commissioned by the US Department of Energy that came out in favor of LNG exports, is the latest among major energy companies seeking to capitalize on North America's the newly found abundance of natural gas from shale.
US chemical group retracts stated support for natural gas exports
The American Chemistry Council (ACC) has retracted a week-old statement on its website in support of US natural gas exports, officials with the trade group confirmed.
Indonesia may opt for preferential LNG exports
Indonesia is a key LNG exporter to Asian countries like Japan and South Korea, but increasing domestic demand due to a growing economy and political pressure to control local resources is forcing the government to divert exports to local consumers, according to new reports.
Chesapeake to supply Methanex gas in Louisiana
Commencement of natural gas deliveries will coincide with the startup of the plant, which is expected by the end of 2014. This contract will enhance Methanex's ability to reliably supply quality product to its US customers for at least the next 10 years, according to top company officials.
Alfa Laval to give heat exchangers to US LNG plant
The Alfa Laval compact heat exchangers will be used in a new, major shale gas processing facility in the US where they will recover and reuse heat in the gas cleaning process, thereby resulting in an energy-efficient process. The name and specific location of the client were not disclosed.
CB&I wins Denmark gas processing project work
The scope of CB&I's current project includes a crude oil stabilization unit, gas processing units and LPG storage and transfer facilities. The operation is scheduled to start up during 2015, the companies said.
Osaka Gas believes US will soon approve Freeport LNG exports to Japan
Osaka Gas and Chubu Electric Power Co. recently signed a 20-year contract with Freeport LNG Development to import up to 2.2 million tpy each of LNG from Freeport's facility on the US Gulf Coast. The facility is slated to start operations in 2017. The Freeport contract will be effective once the US grants a license.
US energy groups spar with chemical companies over proposed gas exports
By showing favor toward exports, NAM and the ACC risk alienating high-profile member companies in industries such as chemicals and steel. Those firms, including Dow Chemical and Celanese, say unlimited shipments to foreign buyers will create added demand for US gas, raising domestic prices.
Praxair starts up new air separation plant in India
The new plant utilizes Praxair’s energy-efficient technology and has a production capacity of approximately 130 tpd of gaseous oxygen and 65 tpd of gaseous nitrogen. Praxair has supported Usha Martin’s Jamshedpur steel mill since 2000, where the company has operated two oxygen plants.
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- BGN announces strategic MoU with XCF Global to produce and supply SAF 11/17
- KazMunayGas and Uzbekneftegaz partner to build 50,000-tpy linear alkylbenzene plant 11/17
- Chevron joins race to explore potential purchase of Lukoil assets, including refineries 11/17
- Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil 11/17
- Sonatrach signs contract for unit with Sinopec subsidiary to boost gasoline production capacity 11/17
