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Gas Processing News

12/1/2021

supplies amid soaring gas prices and domestic power shortages. The agreements with China’s state oil... with U.S. exporters to secure long-term LNG supplies as rocketing gas prices and domestic power... high natural gas prices in early autumn, the European Commission outlined measures that the EU could use to combat surging energy prices: joint gas purchasing among countries as a way to cushion...

Industry Focus: Russia Accelerates Fight For Global Gas Export Market Share

5/1/2020

was largely due to a decline in global gas prices, marked a significant decline for the company after... prices barely allow the company to cover its operating costs for production and exports. The low prices... of LNG supply on the global market puts additional pressure on prices. In February, the UK’s Financial... gas prices will continue to decline within the next several months since, like the oil sector...

Regional focus

9/28/2017

project strategy. A foreseen challenge for the project is low global gas prices. According to assessments by the Russian Ministry of Energy, global LNG prices have declined by 45% since the beginning of 2017, compared to average LNG prices in 2016. The decrease is due to an abundance of LNG on the global market, as well as to the link between natural gas and oil prices, which are also weak...

Industry perspective

8/1/2015

-rich basins. Ethane can be rejected into the natural gas steam, thereby increasing the energy content... flexibility of such plants provides a hedge on ethane prices, enabling the use of other local feedstocks in the event that ethane prices rise (Fig. 1). Fig. 1. A distributed GTL facility is designed to be feedstock flexible, allowing the use of other local feeds in the event that ethane prices...

Boxscore Construction Analysis

2/2/2015

, falling oil prices pushed down benchmark prices of LNG by more than 40% in 2014, which could... and downs in energy prices. Still, the project owners will likely be cautious in their spending in response... terminal will also use CSG as feedstock. The company stated in December that falling oil prices would... LNG exporter. However, high construction costs, falling oil prices and competition from US...

Improve gas distribution networks with innovative pipeline monitoring and repair

2/1/2017

to pipes and faulty meters. Understanding the latest advances in pipeline leak detection using smart... cylinders. Auto cascade systems are the latest innovation in the CNG filling sector. Companies around..., September 2012. 8Chandler, D. L., “A new way to detect leaks in pipes,” MIT News Office, June 19...

Regional focus

2/1/2017

E. Gerden, Contributing Writer The decline of global oil prices has resulted in the suspension of many LNG projects throughout the world. However, LNG production remains profitable in several... that is expected to be economically profitable, even at low oil prices. According to estimates by the Russian... projects in Asia-Pacific countries will be delayed by low oil prices. However, many global majors...

New in Gas Processing Technology

1/1/2022

. Sundyne’s HMD Kontro launched complete fluid containment solution HMD Kontro’s latest magnetic drive seal...

New in Gas Processing Technology

8/1/2018

granted US Patent No. 9,989,161, marking a major milestone for the company. The latest patent adds...

New in Gas Processing Technology

12/1/2017

°F–3,272 °F) and utilizes the latest wide-dynamic-range imaging technology. This solution was found...

Improve gas processing assets with innovations in process modeling

2/1/2014

costs, regulatory compliance and operability. The latest innovations in process modeling have applied...

Safety and Sustainability: A new standard of safety for onshore passive fire protection

11/30/2020

. The latest stage in the jet fire testing process saw Underwriters Laboratories (UL), which underwrites...

New in gas technology

8/5/2022

ability to tolerate a high content of vapor mass, it is offered for liquefaction and refrigeration... launched the new X-Viz confined space monitoring system, the latest product in its rental and safety... operation. One of the most integral parts of the system is the delivery of the video content. High...

Measure CO2 flows accurately for CCUS

7/1/2023

emissions” technologies will likely be a necessary part of the transition to net-zero. The latest...

Global pipelines construction outlook 2024—Part 2

6/19/2024

an “advanced stage.”   The latest step impelled a project that the two countries had agreed to in 2012. Last...