Natural Gas
EMGC '17: Eastern Med gas monetization demands regional cooperation
NICOSIA—Gulf Publishing Company's fourth Eastern Mediterranean Gas Conference (EMGC) 2017 continued on the afternoon of March 14 with sessions devoted to gas monetization options and foreign investment initiatives.
Industry Metrics
The European market saw stronger domestic demand amid gasoline export opportunities to West Africa and higher volumes of naphtha and fuel oil to Asia, fed by continued strong demand in that region. After recovery from the impact of the Colonial Pipeline outage, US refinery runs have risen, mainly in the USGC, taking advantage of stronger export opportunities and ahead of the spring maintenance season.
Business Trends: Africa—Will increasing demand spark downstream capacity builds?
Over the past decade, Africa’s oil demand has increased by more than 1 MMbpd, to nearly 3.9 MMbpd. Africa’s oil production is more than double the amount it consumes, but lack of investment, failing infrastructure and inadequate refining capacity force the continent to rely on imports to satisfy increasing fuel demand.
Alternatives to flare gas recovery for sour refinery flare gas
For many sour gas streams present in a flare header, less expensive options than flare gas recovery may exist. The compressors, liquids management, downstream treating and other systems required for flare gas recovery (FGR) can be expensive to install and/or operate reliably. Some refineries allow the flaring of sweet gases.
Driving innovation in the downstream: IRPC returns to New Delhi
Gulf Publishing Company and Hydrocarbon Processing are pleased to announce that IRPC 2017 will be held April 18–20 in New Delhi.
Gastech: Advancing the role of gas and LNG in the global energy mix
Gastech is the largest and most important business and technology event for the natural gas and LNG sector, creating a global platform to address and discuss the latest challenges faced in Asia and on a wider international scale.
EIA: Canada is the largest US partner for energy trade
Canada is the largest energy trading partner of the United States. Based on the latest annual data from the US Census Bureau, energy accounted for about 5% of the value of all US exports to Canada and more than 19% of the value of all US imports from Canada in 2016.
Jiangsu Sailboat petchem starts Honeywell UOP methanol-to-olefins unit
DES PLAINES, Ill. -- Honeywell announced that Jiangsu Sailboat Petrochemical Company, Ltd. started its UOP Advanced Methanol-to-Olefins (MTO) unit during a 10-day test to confirm successful operation. When the full unit goes on line, it will have an annual production capacity of 833,000 mtpy, making it the largest single-train MTO unit in the world.
Indian refiners process 1.5% less oil in January
(Reuters) -- Indian refiners processed 21.11 MMt, or 4.99 MMbpd, of crude oil in January, a decline of around 1.5% compared with the same period last year, as many state refiners shut units for maintenance, preliminary government data showed on Wednesday.
Industry Metrics
European refinery margins weakened due to slower gasoline export opportunities, despite the colder weather.
- Kumho Mitsui Chemicals begins operation of chlor-alkali plant using thyssenkrupp nucera technology 6/16
- Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol 6/16
- Yara Clean Ammonia supports groundbreaking ammonia bunkering pilot in Pilbara (Australia) 6/16
- Syensqo signs carbon fiber composites recycling contract with Fairmat 6/16
- OCI Global receives U.S. regulatory approval for the sale of its global methanol business to Methanex Corp. 6/16
- Israel's Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran 6/16
