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Gas Processing/LNG

Dana Gas rebuilds, expands LPG production facility near northern Iraq

Dana Gas and its partners have invested some $1 billion in Iraq's Kurdistan, where it is producing joint gas from the Khor Mor in a joint venture with Crescent Petroleum, OMV and MOL.

Japan reports falling demand for imported LNG

Japan is the world's top LNG importer, making the trend bad news for companies developing or planning LNG export facilities in locations as varied as Australia, Russia, East Africa or North America.

Praxair starts operations at new hydrogen plant to supply US Gulf refiners

The new plant houses the largest steam methane reformer (SMR) built by Praxair to date. It will supply hydrogen and up to 450,000 lb/hour of steam to Valero’s new 57,000 bpd hydrocracker.

US shale boom threatens Australian gas sector

HP Editorial Staff: HP News Services

Big LNG importers like Korea Gas and Japan's Osaka Gas have signed deals with US terminals, diversifying supply sources that had relied on Australia and the Middle East.

UK offers tax breaks to boost shale gas industry

No shale gas has yet flowed commercially in the UK so any profits from the sector are a ways off, but the government says producers will have to pay just 30% tax, compared with the current 62%.

Maritime agency lifts blockade on Nigeria LNG

The regulator on June 21 barred NLNG ships from entering or departing Bonny Island Terminal on the coast of Nigeria, as a longstanding dispute over maritime taxes and levies escalated.

Praxair starts up new Korea air separation plant

Through a long-term contract, the plant will supply on-site high-purity oxygen, nitrogen and argon to Samsung, one of the largest electronics companies in the world. The plant will also expand Praxair’s merchant capacity in the region, allowing it to supply the liquid gases to a variety of industries.

US bill seeks to remove DOE from LNG permits

HP Editorial Staff: HP News

US Representative Ted Poe has introduced bill HR 2471, which, if passed, will remove the US Department of Energy from the approval process for new LNG terminals.

Royal Dutch Shell appoints van Beurden next CEO

The Board of Royal Dutch Shell has announced that Ben van Beurden will succeed Peter Voser as CEO, effective January 1, 2014. Mr. Van Beurden, 55, has been Shell’s downstream director since January 2013.

Russia to liberalize LNG exports in early 2014

Russia will liberalize exports of liquefied natural gas (LNG) at the beginning of next year, bringing to an end the monopoly of gas giant OAO Gazprom.