New Petrobras CEO says dominating domestic refining, gas market bad for company
RIO DE JANEIRO, (Reuters) - Roberto Castello Branco, the incoming chief executive of Petroleo Brasileiro SA , made the case for divestments in the natural gas and refining sectors at a swearing-in ceremony.
At the event in Rio de Janeiro, the new head of Petrobras, as the firm is known, said the company’s domestic domination of the natural gas supply chain was bad for the company and bad for Brazil. The state-run firm would like competitors in the domestic refining industry and was always open to new partnerships, he said. (Reporting by Marta Nogueira and Rodrigo Viga Gaier Writing by Gram Slattery Editing by Susan Thomas)
On the changing landscape of global natural gas trade, the US has magnified its export power by remaining a net exporter for 13 months as of February 2019.
EWAnalysis: US LNG producers eye major growth
- Energy Web Atlas
The US LNG market has experienced rapid growth over the past decade due to the availability of inexpensive feedstock and increased worldwide demand.
Regional Focus: Nigeria moves to expand its liquefaction capacity
The award in July 2018 of long-awaited contracts for the front-end engineering design (FEED) of Nigeria’s Train 7 gas plant expansion project to two consortia is the country’s latest attempt to address the enormous challenges of gas flaring and gas shortages for power plants and domestic consumption.
Reliable Operations & Saving OPEX for Gas Plant Refrigeration – Selecting the right technologies
By selecting integrally geared turbocompressors for gas plant refrigeration duty coupled with a mag bearing turboexpander, operators get the added values of technology with highly reliable operations and reduced OPEX. Join Sami Tabaza and Chris Blackmer from Atlas Copco Gas and Process for a presentation followed by Q&A surrounding the turbocompressor and turboexpander technologies that can efficiently and reliably fit your gas plant design and operation to get the advantages of both technologies.
June 18, 2019 10:00 AM CDT