Gas Processing/LNG
Cyprus approves Noble Energy to build expandable onshore LNG plant
The facility would initially have a capacity of 5 million tpy, but it will be expandable, according to John Z. Tomich, Noble's country manager for Cyprus. The new LNG plant could handle growing gas volumes from the Eastern Mediterranean region as well as additional production from Israel.
NGL profitability weakens amid rising US supply
Prices for natural gas liquids (NGLs) have dropped precipitously this year amid growing supplies, weakening margins for a key driver of US shale development. But extracting NGLs, such as ethane, propane and butane remains more attractive than producing dry natural gas, the report says.
Enbridge delays project work in Canada for Cabin gas processing plant
The Cabin plant had regulatory approvals for processing capacity of about 800 million cubic feet of natural gas a day, and Phase 1 was expected to be in service late this year. Phase 2 was expected to be ready for service in the third quarter 2014. The company didn't say why the development was deferred.
HPI spending pegged for slight increase in 2013
Even with healthy predictions for expenditures, market players are remaining cautious when making decisions on key projects as they await regulatory clarity. The forecast breaks out capital spending to reach $57.6 billion and maintenance spending to reach $69 billion.
Praxair starts up Peru gas plant to supply refinery
The new plant utilizes the latest energy efficient technology and has a production capacity of approximately 300 tpd of oxygen, nitrogen and argon. The unit will generate gaseous oxygen for the refinery and liquefied industrial gases to meet growing demand in the region.
Air Products forms Saudi industrial gases venture
Air Products says the new industrial gases venture complements the company's existing presence in Saudi Arabia, noting that it also has nearby offices in Doha, Qatar, and Dubai and works closely with the Middle East region's petrochemical, gasification and refining industries.
Höegh LNG orders new FSRU at Hyundai shipyard
The vessel will be able to operate as a floating LNG import terminal, as well as an ordinary LNG carrier, according to the company. The floating storage and regasification unit (FSRU) will be delivered in the first quarter of 2015. Specifications will be adapted to comply with project requirements.
Air Products starts up Chilean liquid gases plant
The new facility, which includes a cylinder filling system, will serve local industry, including the burgeoning aquaculture market. The location in Puerto Varas, which is more than 1,000 miles south of Santiago, makes it the world's southern-most industrial gas plant serving the merchant market.
Canada seeks more energy exports to India, less dependence on US
Canada's search for alternative destinations, including India, China and Japan, for its trove of hydrocarbon resources coincides with India seeking stable supplies of oil and gas to augment its own, relatively limited, energy resources, which currently satisfy less than a quarter of its requirement.
Energy group proceeds with $45bn Alaska pipeline to export LNG to Asia
In a letter to Alaska Governor Sean Parnell, ExxonMobil, ConocoPhillips, BP and TransCanada said this week that they have agreed on a plan to combine what were once two competing natural gas pipeline projects destined for the continental US into one project aiming at overseas markets.
- 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
