Gas to liquids (GTL)
Asia: China
The International Monetary Fund (IMF) announced in its January 2012 “World Economic Outlook” that the global GDP growth rate was 3.8% in 2011. However, Asian-Pacific nations bucked this tren..
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
South America: Brazil
Brazil’s economic improvement was remarkable over the past decade, following many years of slow growth. On average, the Brazilian gross output of goods and services increased at an annual average..
Asia: India
The Indian economy has come a long way since the 1991 economic reforms. A decade and a half of economic reform and globalization is yielding returns that cut across all income groups. The domestic eco..
Asia: Japan
The Japanese economy showed steady recovery for 2003–2007. However, due to the global recession in late 2008, Japan’s GDP growth decreased to –1% in 2008 and to –5.5% in 2009. Due ..
Europe: United Kingdom
The United Kingdom (UK) is Europe’s fourth largest chemical economy, after Germany, France and Italy. It accounts for 8% of the European Union’s (EU’s) $900 billion overall chemical pro..
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.
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.
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.
Enterprise Products launches new NGL fractionator at Mont Belvieu complex
Expected capacity is 85,000 bpd, increasing total fractionation capacity at Enterprise's Mont Belvieu facility to 485,000 bpd. The sixth fractionator will facilitate rising NGL production from domestic shale plays, including the Eagle Ford and other basins in the Rocky Mountain and Mid-continent regions.
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