- Air Products calls for hydrogen market creation
- Reduced power consumption and optimised safety for valve
- Honeywell names Intek Turkmenistan gas distributor
- Russia ASU start-up plans for Air Liquide
- Big growth predicted for LNG market
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Latest LNG news
Big growth predicted for LNG market
A Visiongain report indicates $35.8bn will be spent on Liquefied Natural Gas (LNG) infrastructure in 2012. This news comes at a time when a separate report indicates Australia could become biggest LNG exporter by the end of the decade.
Siemens awarded agreement for Santos’ GLNG project
Santos’ Gladstone Liquefied Natural Gas (GLNG) project in Australia is Siemens’ largest single service order ever for its gas turbines.
Foster Wheeler congratulates Woodside on LNG project
Foster Wheeler, under the name of the Foster Wheeler Worley Parsons (FWW) joint venture, has congratulated Woodside on achieving Liquefied Natural Gas (LNG) production and its first cargo at its Pluto LNG Project in Australia.
Linde North America announces LNG venture
Linde has a joint marketing agreement with American Power Group to accelerate of Liquefied Natural Gas (LNG) use in the gas and oil industry.
Deal signed to develop LNG terminal in India
Petronet LNG Limited and Gangavaram Port Limited sign term sheet for developing LNG terminal at Gangavaram Port in Andhra Pradesh in India.
Finance
Breakdown of how Messer broke the billion barrier
In fiscal year 2011 the largest privately managed industrial gas company, Messer, was able to increase its sales by 13% when compared to the previous year to more than one billion euros.
Billion barrier broken for first time in record year for Messer
In fiscal year 2011 the largest privately managed industrial gas company, Messer, was able to increase its sales by 13% when compared to the previous year to more than one billion euros.
Praxair reports 5% profit growth for first quarter of 2012
Sales in the first quarter were $2.840m, an increase of 5% compared to $2.702m in the previous year.
Air Liquide first quarter profits up nearly 7%
After a fourth quarter in 2011 characterised by a slow-down in growth related to the global economic situation - the first quarter results of 2012 reflects “progressive growth in the volumes consumed by clients of the group”
Features
Mergers and acquisitions – Risky business? Subscription
When delving into the world of mergers and acqusitions (M&A) as applied to the industrial gases industry, it’s worth first understanding the huge capital cost and dynamics that comprise the industry itself.
Technology
Edwards opens new “centre for excellence” in Oregon, USA.
New facility will focus on customer service and training for the semiconductor manufacturing industry.
Linde launches new on-line resource
New website makes it easy for natural gas and oil producers to learn more how Linde energised solutions can enhance productivity and improve results.
New testing for one-way degassing valves, thanks to MOCON
MOCON, Inc. has released the MultiCheck® 425 - a testing system for packages with one-way degassing valves. The device also measures leak detection, seal strength and valve performance.
Companies team up to produce industrial gas
France’s Air Liquide, and the UK-registered copper mining company Kazakhmys, have signalled their intent to work together to produce industrial gases.
Liquid nitrogen aids electricity production in Germany
2013 will see the longest high-temperature superconductor cables in the world buried under the ground as an alternative to traditional 110,000 volt lines between two substations in Essen’s city centre. The superconductor cabels, carrying electrical currents, will be cooled by liquid nitrogen.
Other LNG news
Woodside completes $2bn LNG sale deal
Woodside Petroleum has struck a $2bn deal to sell part of its stake in the Browse gas project to Japan’s Mitsubishi Corporation and Mitsui & Co.
Largest LNG plant in north east China under construction
Once the project is completed in late 2013, the 500,000 NM3/D plant will be the largest of its kind in northeast China and will feature Black & Veatch’s patented PRICO® LNG technology.
PMFG, Inc to build LNG terminal in Australia
The construction project will cost in excess of $4m and is the third the company has provided in recent years in and around the area.
Business as usual for LNG supplies in May?
Disruptions to LNG supplies in France and Yemen have caused issues with distribution in April - but both companies affected believe May should be business as usual.
LNG fuel system order for Chart Ferox
Chart Ferox has received a contract to design, build and deliver an LNG fuel system for a fast ferry which will be built by Incat of Australia. The boat will be the first catamaran powered by 27,000 HP gas turbines fuelled by natural gas.
