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Asia/Pacific

Improve the performance of your existing steam system

Merrick & Co.: Pelham, R. O.

This discussion tracks a material flow through the steam system, starting with feed and continuing with steam generation, steam uses and, finally, condensate recovery.

KBC licenses process simulation models to Japan refiner TonenGeneral

Under the contract KBC will provide a five-year licence for Petro-SIM, selected SIM models and software services to TonenGeneral. The deal will include initial software implementation services.

UOP licenses butane feedstock technology in China

Honeywell's UOP C4 Oleflex process will be used to convert refinery-derived isobutane to isobutylene, a valuable petrochemical used in the production of fuels and synthetic rubber. This is UOP's second C4 Oleflex process license in China. Financial terms of the agreement were not disclosed.

Japan boosts imports of Russian LNG, crude oil

Japan's imports of liquefied natural gas from Russia rose 17% to 8.3 million metric tons last year, while its imports of Russian crude oil increased 10% to 10.02 million kiloliters, or about 172,000 bpd. Japan also imported 8.12 million tons of thermal coal from Russia in 2012, up 8.1% from 2011.

South Korean refining margins projected to remain strong through March

Refining companies are likely to keep run rates high, until maintenance season in March, to take advantage of the better margins, and this will support export volumes. Margins are now supported by strong demand for middle distillates, especially kerosene, due to winter demand in North Asia.

BP names new head of safety, operational risk

Bob Fryar, who is executive vice president for production in BP's upstream business, will take up his new position from Feb. 15. The role includes oversight for security. He will take over from Mark Bly, who has headed BP's safety functions since March 2008 and who plans to retire from BP in the summer.

Idemitsu partners with AltaGas to export LNG, LPG from Canada to Japan

Under the 50:50 plan by oil refiner Idemitsu and gas pipeline operator AltaGas, the two may build an LNG export terminal near Kitimat in British Columbia, possibly starting LNG exports mainly to Japan as early as 2017. The venture also plans to develop a liquefied petroleum gas export business.

Vietnam inks refinery deal with Japan, Kuwait firms

State-owned PetroVietnam will own a 25.1% stake in the joint venture while Japan's Idemitsu Kosan and Kuwait Petroleum International will each hold 35.1%. Mitsui Chemicals of Japan will own the remaining 4.7%. The refinery will be able to process 10 million tpy of crude oil, the government said.

Indonesia may opt for preferential LNG exports

Indonesia is a key LNG exporter to Asian countries like Japan and South Korea, but increasing domestic demand due to a growing economy and political pressure to control local resources is forcing the government to divert exports to local consumers, according to new reports.

JBF picks Technip for engineering on India purified terephthalic acid project

The contract covers the basic engineering, front-end engineering design, detailed engineering and procurement services for the ISBL (inside battery limit) and the OSBL (outside battery limit). The scope of work also includes supply of materials and construction management services for the ISBL.