Henry hub
Velocys to provide technology to Pinto Ohio GTL project The Houston-based Pinto Energy (Pinto) has selected Ashtabula in the Ohio, USA to build its first unit of series of small scale unit of gas-to-liquids (GTL) transformation. Considering the long standing gap between the natural gas prices and the low sulfur diesel price, Pinto Energy identified the […]
USA Key Projects and Business Highlights In June 2013, the US energy agency, Energy Information Administration (EIA) updated its estimation of the shale gas reserves in the world and published its first estimations for the shale oil where USA ranks in the Top 5 countries in both cases. According to the 41 countries analyzed by the EIA, […]
Shell to replicate Pearl GTL with Lousiana GTL project Since the South Africa company Sasol had announced last year to select its site in Lake Charles in Westlake of Calcasieu Parish in Louisiana, Shell opted also for the Lousiana Gulf Coast for its gas-to-liquids (GTL) project in USA. At the CERAWeek, last year, Shell CEO Peter […]
Qatar to double petrochemicals production until 2020 On December 23rd 2012, Qatar established a new company, the Qatar Chemical and Petrochemical Marketing and Distribution Company (MUNTAJAT) Q.J.S.C., to lead the strategic development of the country on the downstream sector. In creating this corporation, Qatar is targeting to more than double the chemical and petrochemical production from […]
Ohio Valley to build $1 billion ammonia-urea plant Ohio Valley Resources LLC (OVR) awarded KBR for the license and the front end engineering and design (FEED) contract of fertilizer project in Indiana. As part of the FEED contract, KBR is also mandated to the call for tender of the engineering, procurement and construction (EPC) contract […]
Qatar Petroleum in JV with Exxon to export US LNG Qatar Petroleum (QP) and ExxonMobil announced to use their joint venture called Golden Pass Products to export liquefied natural gas (LNG) from USA. Created with 70% Qatar Petroleum working interests, the Golden Pass LNG project was constructed as a LNG import terminal. With this LNG import terminal, Qatar was securing […]
Cheniere secured first phase Sabine Pass LNG funding In February, the private equity firm Blackstone Group LP (Blackstone) provided Cheniere Energy Partners (Cheniere) with $2 billion to finance Sabine Pass LNG Export Terminal conversion project. Since then Cheniere had appointed eight financial institutions to raise up to $4 billion in debt to complete the financing. As […]
Definition Liquefaction refers to the physical transformation of gas into liquid. In the oil and gas industry this liquefaction of gas may be processed just by compression, just by refrigeration, or both in combination depending on the gas. Comments In most of the cases the gas liquefaction is performed for storage and transportation purpose. Previous […]
