PaxOcean delivers largest FSRU to be built in China
Floating storage and regasification unit built for Indonesia-based Jaya Samudra Karunia.
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Floating storage and regasification unit built for Indonesia-based Jaya Samudra Karunia.
The plant will have a nameplate capacity of 750 000 tpy of LNG.
Asia is expected to be the major contributor to the growth of global LNG regasification capacity between 2018 and 2022, according to a GlobalData report.
This is the first time that INVISTA and Honggang would be collaborating to build PTA assets.
The announcement comes as part of a comprehensive investment plan and value-added approach to GC’s products.
Leading global law firm Herbert Smith Freehills has advised China energy major ENN on its first acquisition in the US LNG market.
Newly published report holds that, amid sustained supply growth, the market will tend toward oversupply.
Ng Weng Hoong, Contributing Editor, considers Asia’s economic outlook in the face of the rising oil cost, surging US dollar, and geopolitical upheavals.
Technology to provide prescriptive monitoring of propane-propylene conversion unit at Shandong Province plant.
The project aims to use FGD systems to reduce emissions of sulfur oxide and soot dust, helping to clear and reduce air pollutants in India.
According to Wood Mackenzie, the oil market faces a precarious few months. The imposition of US secondary sanctions on Iranian exports today is the critical factor behind Brent’s rally to over US$80/bbl in October. There is enough supply to meet demand this winter, but the margin for error is narrow.
CSC will support the companies with services such as booking new LPG connection, refills and supply and distribution.