Tuesday, 31 March 2015

Business deal merger handshake

SOXAL and Singapore LNG sign deal

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).


US Senators introduce LNG export bill

US Senator Tim Kaine has joined Senator John Barrasso and six other colleagues to introduce the LNG Permitting Certainty and Transparency Act. Barrasso was also an instrumental influence in the proposal of new legislation to resolve the helium crisis in 2012.


Shell opens LNG station in Rotterdam

Shell has opened its first LNG fuelling station in Rotterdam Waalhaven, the Netherlands, for trucks operating in Europe.


Middle East first for Bestobell

Bestobell Marine, part of the President Engineering Group (PEGL), has received a major new order from Wärtsilä Fuel Gas Handling Division (FGH), to supply the Middle East’s first LNG (liquefied natural gas) fuelled harbour tug.

Liquefied natural gas boat in dock

Search for $1bn LNG import terminal partner

First Gen, one of the Southeast Asian nations biggest power producers, has been under pressure to make a quick decision on whether to build the import facility as it looks to secure long-term supplies of liquefied natural gas for its growing portfolio of gas-fired power plants.

Business deal merger handshake

Duo agree to buy China gas assets

Shanghai Baosteel Gases and an affiliate of private equity firm Warburg Pincus have announced the partnership is to buy China gas assets for $489m.

Air Liquide is one of the industry's Tier One major players.

Air Liquide acquires SEPRODOM

Increasing life expectancy and the rise in chronic diseases are major public health issues. Air Liquide is continuing to develop its home healthcare activity in France with the acquisition of SEPRODOM, a key player in home healthcare and monitoring of patients with chronic diseases in the French overseas departments and territories.

business analysis financial stats

UK Budget: One week on, industry reaction

When Chancellor of the Exchequer George Osbourne last week revealed his final Budget before May’s UK general election, he claimed Britain was ‘walking tall again’ after five years of austerity. But what does industry in the country make of the latest Budget, and its impact upon future growth?

Europe financial currency

“Faster growth in 2015” predicts Linde

Linde, in reviewing its performance in the fiscal 2014 year, has achieved growth in a difficult market environment and increased its dividend. The company has also predicted that growth in the industrial gases market with be faster paced than that experienced in 2014


Industrial gases supporting entire natural gas production chain Subscription

By Stuart Radnedge

This fortnight’s gasInsight feature looks at the vital role our industry plays across the entire petrochemical processing spectrum. Part One is below with Part Two published in two weeks time.

More features



Air Liquide chosen by Sasol for Africa ASU

25 Feb 2015 | By Stuart Radnedge

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 tones of oxygen per day – a milestone in the history of industrial gas production.


Major step taken by UK hydrogen economy

12 Mar 2015 | By Stuart Radnedge

Kick-starting a public hydrogen refuelling network in London, the flagship SmartFuel® dispenser is hosted by Sainsbury’s, one of the UK’s largest grocers, at its Hendon store.

Air Liquide is one of the industry's Tier One major players.

Major US investment for Air Liquide

10 Feb 2015 | By Stuart Radnedge

Air Liquide has been selected by Chinese petrochemical company Yuhuang Chemical, Inc., as the supplier of oxygen for its new world-scale methanol manufacturing complex to be built in St. James Parish, Louisiana.

Plasma screens electronics

Nitrogen leak kills two, injures more

12 Jan 2015 | By Stuart Radnedge

Two people were killed and four others were inured following a nitrogen leak at a plant operated by the technology manufacturer LG Display Co. in South Korea. One of the four staff and contractors that were injured remains in a critical condition.

Air Liquide Plant

Major investment in US

21 Jul 2014 | By Stuart Radnedge

Air Liquide has expanded its relationship with OCI N.V. in Beaumont, Texas, after the company secured a deal to supply the oxygen for a new world-scale methanol plant.

Other LNG news

Liquefied natural gas terminal

Delfin LNG signs MOU with LITGAS

Delfin LNG has signed a memorandum of understanding (MOU) with natural gas supply and trading company LITGAS, part of the Lithuanian state controlled Lietuvos Energija energy company group.

Financial market analysis

LNG plunges 61.7% - largest year-on-year drop

Prices of spot liquefied natural gas (LNG) for March delivery to northeast Asia saw their largest year-over-year drop on record, plunging 61.7% from March 2014 to average $7.436 per million British thermal units (/MMBtu), according to latest Platts Japan/Korea Marker (Platts JKM™) data for month-ahead delivery.

Spherical LNG storage tank

CIMC Enric acquires Jinke Cryogenic

CIMC Enric has recently announced the signing of an equity transfer agreement in Chengdu with Sichuan Jinke Cryogenic Engineering Co. Ltd (Jinke Cryogenic).


Taylor-Wharton chosen for Fure West project

Taylor-Wharton will provide a complete onboard LNG Fuel System including two 255m3 Type C storage tanks for Sweden’s Furetank Rederi AB. Furetank is seeking to comply with international environmental rules for low sulphur emissions by converting an oil and chemical cargo tanker – the 472 foot Fure West.


Egypt finalises LNG deal with Gazprom

Petroleum Minister Sherif Ismail said on Sunday that Egypt will complete an agreement with Russia’s Gazprom for the company to supply it with liquefied natural gas (LNG) shipments later this month.

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