Gas Processing/LNG
IEA calls for South Korea gas market reform
The agency says LNG trading between Korea Gas (Kogas) and other local companies should be encouraged, with local LNG consumers given the right to select a supplier. Local companies other than Kogas are currently not allowed to import LNG for trading purposes.
North American sales of natural gas vehicles seen lagging through 2019
While many markets in Europe and Latin America continue to struggle with expanding refueling infrastructure quickly enough to meet the needs of both consumers and fleets, the adoption of NGVs is still growing rapidly. North America, however, continues to lag.
Shell may delay Arrow LNG as Australian costs rise
Royal Dutch Shell could postpone a decision on its Arrow liquefied natural gas (LNG) project on Curtis Island in Queensland, Australia, until 2014. Costs for Australian LNG facilities are climbing as the nation looks to overtake Qatar as the world's largest exporter of LNG, amid burgeoning Asian demand.
LNG mobile fueling unit successfully demonstrated
The Linde mobile fueler allows customers to test the feasibility of using LNG as an alternative to fuels such as diesel.
UGI to buy BP's Polish LPG distribution unit
UGI Corp. subsidiary Flaga GmbH has reached a definitive agreement to acquire BP's LPG distribution business in Poland.
Statoil and Wintershall sign strategic gas supply agreement
The companies agreed to a 10-year sales agreement for the delivery of 45 billion cubic meters (Bcm) of gas.
Shell sees inflation, politics capping LNG exports
Inflation and US domestic politics are likely to limit the amount of LNG exported from proposed projects in North America to around 60 MMtpy to 70 MMtpy over the next decade, Royal Dutch Shell's chief financial officer, Simon Henry, said.
GE partners with Clean Energy on LNG truck fueling
GE's plug-and-play modular units, designed to rapidly liquefy gas while minimizing physical footprint, will support fueling stations along major US transportation corridors. Truck fleets often can reduce fuel costs by more than 25% and cut emissions with LNG, the company says.
US industry sees self-sufficiency for natural gas, but not crude oil – survey
When it comes to oil, however, survey respondents are far less optimistic about the ability to meet American demand with domestic supplies: 54% say the US will never be completely oil self-sufficient, and only 26% of respondents say oil self-sufficiency is achievable in the next 10 years.
GDF Suez taps KBR to design Australia FLNG vessel
This award is one of two contracts being let by GDF Suez as part of an initial concept definition design competition for the vessel. The concept definition work is already underway in KBR’s London operations center in Leatherhead, and is expected to last up to 12 months, according to the company.
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