Natural Gas
Natural gas liquids exports reached record highs in 2025
NGL plant production has increased every year since 2005, driven by higher production of NGLs and more global demand for NGLs, especially as petrochemical feedstocks.
Iran war deals harder blow to natural gas than oil
Key gas infrastructure - liquefaction plants in particular - is more complex and expensive to build and repair than the oil equivalent. That means oil refineries can often resume operations more quickly than liquefied natural gas export hubs after a shutdown.
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- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
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- Honeywell to provide technology for Acelen Renewable's SAF and renewable fuels facility in Brazil 6/17
Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
