Gas Processing/LNG
Woodside sees high demand for spot LNG cargoes
Woodside Petroleum CEO Peter Coleman doesn't see any major softening in LNG demand as buyers anticipate future supply increases from North America and East Africa. Demand for LNG is "very strong, particularly for spot cargoes and we expect that demand to maintain strength [in coming years]," he said.
Gazprom in talks with Petrovietnam for long-term LNG supply contract
Gazprom, the world's largest extractor of natural gas, plans to lift sales to Asia to help offset a drop in demand and regulatory troubles in its most lucrative market, Europe. It is planning to build a gas liquefaction plant in Vladivostok on Russia's Pacific coast. Potential financial terms weren't disclosed.
Crosstex to build Louisiana NGL fractionation unit, picks UOP technology
Under the deal, UOP will build and install the UOP Russell fractionation equipment that is designed to extract ethane and propane -- highly in demand as petrochemical feedstocks for producing ethylene and propylene, two building blocks for plastics -- from mixed natural gas liquids (NGL) streams.
Praxair to supply planned NWR refinery in Alberta with new air separation unit
The North West Redwater refinery is scheduled to start up in 2016. The NWR gasification process will consume oxygen to produce hydrogen, which is used to upgrade bitumen into diesel and other higher value hydrocarbon products. Initially, the refinery will convert 50,000 bpd of bitumen.
LNG 17: Global executives share new technologies, challenges of floating LNG
Executives from companies involved in floating liquefied natural gas (FLNG) projects discussed the benefits, challenges, and technologies involved in the design of their FLNG vessels.
Atlas Pipeline adds Texas gas processing plants with Teak Midstream deal
Atlas Pipeline CEO Eugene Dubay said Teak Midstream's assets are new, highly efficient and are located in the heart of one of the most prolific plays in North America. The assets being acquired include two cryogenic processing plants and 265 miles of high-pressure, rich gas-gathering lines.
Praxair opens largest Bahrain air separation plant
Praxair's plant has the capacity to produce 350 tpd of oxygen, making it the largest air separation unit in Bahrain. The air separation unit will also produce liquid nitrogen, oxygen and argon to supply a diverse group of customers in the regional merchant market, including refineries and chemical plants.
Executives predict shale boom in Russia and China, but Europe lags behind
Torbjorn Tornqvist, chief executive of trading house Gunvor, said Wednesday it was clear that shale production on a scale similar to that in the US is possible in several of the world's biggest current energy producers and consumers -- but that Europe is unlikely to be transformed by it.
LNG 17: Top US consultant illustrates redrawn map for global gas business
The North American gas industry will change the LNG business model to some degree, Mr. Yergin noted, whether it is through the price of feedstocks such as shale gas or via LNG export pricing.
Williams, Shell launch US gas processing alliance
The new venture, Three Rivers Midstream, has signed a long-term fee-based dedicated gathering and processing agreement for Shell's production in the Pennsylvania area. The joint venture also plans to pursue gathering and processing agreements with other producers in the liquids-rich region.
- 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
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
