Tuesday, October 8, 2013

Praxair expands operation of India nitrogen plants

Praxair is expanding its India presence through several projects, which combine novel application technologies with the right production and supply systems to meet growing customer needs.

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Praxair has signed two long-term contracts with JSW Steel to operate small on-site nitrogen plants in support of the company’s expansion efforts in the cities of Kalameshwar and Tarapur, located in the state of Maharashtra, officials said on Tuesday.

Japan, India to collaborate on lowering LNG prices

Asian countries, the biggest buyers of seaborne LNG, sometimes pay five or six times more for the deep-chilled gas than do consumers of piped gas in North America, where prices have plunged due to growing availability on the back of a boom in production of the fuel from shale deposits.

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By MARI IWATA

Japan and India agreed Monday to set up a multilateral group of liquefied natural gas buyers to push for lower prices for the fuel, and they plan to ask other importers to join them.

BG sells stake in Chilean LNG terminal to Enagás

BG Group completed the sale of a second and final stake in the Quintero LNG regasification terminal in Chile to Terminal de Va lparaiso, a company majority owned by Spain's Enagás, for $176 million.

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BG Group on Friday completed the previously-announced sale of a second and final 20% equity interest in the Quintero LNG regasification terminal in Chile to Terminal de Va lparaiso, a company majority owned by Enagás S.A. of Spain, for $176 million.

Asia’s new LNG plants may boost regional demand

The startup of new LNG import facilities in China, Singapore, Malaysia and South Korea may provide a boost for Asian spot prices during the final months of 2013, according to a report.

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By ERIC YEP

Asia's spot liquefied natural gas prices are steady at around $15/MMBtu this week, supported by strong regional demand and tight supply, Singapore-based traders said.

US sets modern record for monthly gas output

The biggest jump came from the "other states" area, or those outside the traditional producing areas of Louisiana, New Mexico, Oklahoma, Texas and Wyoming.

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By DAVID BIRD

NEW YORK -- Early data show June natural gas production in the Lower 48 states appear to have set a record, government figures released Friday show.

The figures from the Energy Information Administration show estimated June gas output averaged 73.62 billion cubic feet/day. That figure would top the November 2012 revised figure of 73.54 bcf/day as the highest recorded by the EIA since it began keeping such records in 2005.

Egypt’s role in international energy markets

Egypt’s influence is felt mainly through the operation of the Suez Canal and Suez-Mediterranean (Sumed) pipeline. In 2012, about 7% of all seaborne-traded oil and 13% of liquefied natural gas (LNG) traded worldwide transited through the Suez Canal.

A country analysis from the US Energy Information Administration (EIA) underlines the key role that Egypt plays in international energy markets. Egypt’s influence is felt mainly through the operation of the Suez Canal and Suez-Mediterranean (Sumed) pipeline. In 2012, about 7% of all seaborne-traded oil and 13% of liquefied natural gas (LNG) traded worldwide transited through the Suez Canal. Egypt’s 2011 revolution and the unrest that has followed have not had any noticeable effect on oil and LNG transit flows through the Suez Canal or Sumed pipeline.

Evaluate surfactants as antifoam substitutes in amine systems

The handling capacity of gas sweetening plants using amine solutions is greatly affected by foaming problems. To mitigate foaming problems, antifoam is injected into the amine recirculating system at Oil and Natural Gas Corp.'s Uran refinery in India.

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Oil and Natural Gas Corp. (ONGC) operates an oil and natural gas processing complex at Uran in Maharashtra, India. Crude oil and associated gas produced from ONGC’s western offshore fields are transported to onshore facilities at the Uran plant through subsea pipelines for processing. The crude oil is further processed, and the stabilized crude is sent to refineries via pipeline and oil tanker.