Shell's hopes for a new gas-to-liquids mega project on the US Gulf Coast would benefit from much-improved process efficiencies, but any resulting cost savings could be limited by the need to build most of the plant outside the US, Shell ...
Tags: gas-to-liquids mega, Chemicals
The leaders of the world's leading gas exporting nations are due to meet in Moscow Monday for the second summit of the Gas Exporting Countries Forum to discuss the future of the gas market amid uncertainties over the supply and demand ...
Tags: Gas Exporting
Thailand's PTT LNG, a subsidiary of state-owned oil and gas company PTT, is going ahead with plans to double capacity of its existing 5 million mt/year LNG import terminal despite severe under-utilization of the facility. "The government ...
Prompt gas prices on the UK's NBP trading hub fell Monday as the long system and lower demand weighed on near term contracts. Gas for same day delivery was heard changing hands around 1100 GMT at 60.30 p/th down 0.95 p/th from Friday ...
Tags: Prompt gas, gas, Metallurgy, Mineral, Energy
Non-OECD Asia, especially China and India, will slowly but surely join the club of countries with underground gas storage facilities as gas demand grows and security of supply becomes imperative, a senior executive with Storengy, GDF Suez's ...
Tags: Chemicals, underground gas
Unconventional gas from central Australia's Cooper Basin could be the answer to a looming supply shortage in the eastern state of New South Wales, according to Beach Energy Managing Director Reg Nelson. Beach has been among the ...
Tags: Metallurgy, Mineral, Energy, Gas
Gas for same- and next-day delivery firmed Wednesday morning on the UK's NBP trading hub following a rise in demand which caused some slight early shortness in the system and the need for medium range storage withdrawals. Gas for ...
Tags: Gas, Metallurgy, Mineral, Energy
India's state-owned gas utility GAIL expects to import 34 spot LNG cargoes in fiscal year 2013-14 (April-March), more than double the 16 spot cargoes it imported in the previous year, to meet demand for the Dabhol LNG terminal and make up ...
Tags: Metallurgy, Mineral, Energy, gas
The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
The US natural gas vehicle market needs federal and state tax incentives if it is to grow appreciably in the next 10 years, an analyst with Barclays said Friday. "If the state is willing to give you $20,000 for an NGV, the economics would ...
Tags: Chemicals
European prompt gas prices rose Wednesday despite strong Norwegian gas supplies, as higher than normal seasonal demand in the UK gas hub supported higher prices on the continent. Day-ahead gas contracts on the Dutch TTF trading hub were ...
The UK's BG Group expects the Egyptian government to continue to allow LNG exports from the country despite the current gas shortages on the domestic market, BG CEO Chris Finlayson said Thursday. Egypt is a key market for BG and a fall in ...
Tags: LNG Exports, Local Shortages
Europe's gas demand in the first quarter of 2013 rose 2.2% from the previous year, according to Societe Generale estimates. An unusually cold March saw gas demand soar by 26.3% from 2012, pushing up the first quarter as a whole, the SG ...
Tags: Gas Demand, Gas
China's largest buyer of LNG, China National Offshore Oil Corp., is unlikely to seek additional spot cargoes before August as it has sufficient inventory from its term contracts, said industry sources Friday. A source close to the 2.8 ...
Tags: Spot LNG Cargoes, Chemicals
Spain imported 32.9 TWh of natural gas in March, down 5.1% from a year earlier, amid a dearth of LNG shipments from Egypt and Peru, data published late Tuesday by gas grid operator Enagas showed. The country imported no LNG from Egypt or ...