- Johannesburg’s Cryogas Express takes new direction
- McPhy and CNR develop carbon-free projects
- BOC and SSI UK celebrate UK’s largest deal
- South Korean contract secured by Bestobell
- Research highlights pollution from transport refrigeration
Latest LNG news
The Marine sector of Bestobell has secured two new high profile contracts for its cryogenic globe and check valves. The products are to be fitted in the LNG reliquefaction systems that will be installed on two LNG carriers being constructed in South Korea and two in Japan.
Russian state gas company Gazprom is postponing construction of the Vladivostok LNG plant on the country’s Pacific Coast – choosing to supply the product to China by pipeline instead.
Thanks to its know-how in LNG refuelling station technology Cryostar is proud to announce the release of its brand new LNG Dispenser – the so-called 2.0.
Pentair Valves & Controls will present its expanded portfolio of specialised products for the LNG industry at the World Gas Conference (WGC) 2015. Three products designed specifically for LNG applications have been added to the company’s comprehensive offering for this market.
The contract, with Octopus LNG SpA, is for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile. The contract is for a period of 20 years and is expected to generate an average annual EBITDA of around $36m.
Major highlights for the quarter includes the signing of a contract, between the company and Sasol, for Air Liquide to build and operate the largest oxygen production unit in the world – located in South Africa. There were also further acquisitions in healthcare and further developments in hydrogen.
The company has announced its results for 2014 in which it has achieved a “solid performance” in a “mixed environment” by recording another year in growth in revenues, operating margin and net profit.
Air Liquide is pursuing the development of its Home Healthcare activity in Europe with the acquisition of Optimal Medical Therapies (OMT), a major player in providing home healthcare services for patients in Germany suffering from chronic illnesses requiring infusion therapy.
Shanghai Baosteel Gases and an affiliate of private equity firm Warburg Pincus have announced the partnership is to buy China gas assets for $489m.
Senior Directors and staff from BOC and SSI UK joined local business leaders and other dignitaries at a ceremony at BOC’s Teesside site today to mark the start of a 15-year supply agreement between the two companies.
The company has been chosen to build, own and operate the world’s largest oxygen production unit for Sasol in South Africa. The ASU will have a total capacity of 5,000 tonnes of oxygen per day – a milestone in the history of industrial gas production.
The station allows the first users of the HyWay project to recharge their vehicles with hydrogen. Next fall, a second station will be built in Grenoble.
The company’s SmartFuel® technology was commissioned at India’s first renewable hydrogen fuelling station – with the inauguration ceremony led by Shri Piyush Goyal marking the occasion.
With profits up 9% to €1.010bn, it’s forecast that operating profits for the Fiscal year will be between €4.1bn and €4.3bn. A weaker Euro results in significant growth in Linde’s revenue of 8.7% €4.398bn.
Other LNG news
BP and The Kansai Electric Co., Inc. (Kansai Electric) today entered into a sales and purchase agreement for liquefied natural gas (LNG), and a cooperation agreement for the purpose of exploring opportunities for business collaboration.
With Chart’s engineers completing the final test process in just 12 days, the second of Shell’s retail LNG fuelling stations, at Waalwijk in The Netherlands, was opened for business in April.
His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior of the State of Qatar, officially inaugurated the Jetty Boil-Off Gas Recovery (JBOG) Project in Ras Laffan Industrial City (RLIC) – which reduces LNG industry carbon emissions.
UK supermarket giant Asda has opened its LNG refuelling station at Avonmouth, in Bristol, to third parties. The station is supplied by BOC and increases the network of stations available for use.
Air Liquide, through its wholly owned Singapore subsidiary, Singapore Oxygen Air Liquide Private Ltd (SOXAL), signed a long-term agreement to supply large quantities of nitrogen to Singapore LNG Corp Pte Ltd (SLNG).