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LNG - liquefied natural gas

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  1. forum rang 10 voda 22 januari 2021 15:14
    LNG Powered Iron Ore Bulker HL Green Lands at Gwangyang for Posco

    South Korean media reported that liquefied natural gas powered bulk carrier HL Green has arrived at Gwangyang in South Jeolla, with 180,000 tonnes iron ore to be supplied to Posco's steel factories. Measuring 292 meters in length, 45 meters in width and 24.8 meters in depth, Posco claims its HL Green bunk carrier is the largest existing LNG ship in the world. Posco said “This is the first case in the world that an LNG powered bunk carrier has operated on a route between countries. HL Green launched from Mokpo in South Jeolla on its first journey last December to pick up iron ore from Australia. With the load, it returned to Gwangyang.”

    While the direct owner of the ships is H-Line Shipping, Posco signed a long term contract to ensure the two carriers will be used to transport the steelmaker’s materials. On January 26, the other LNG carrier HL Eco will arrive in Korea with coal from Australia.

    The adoption of an eco friendly carrier is in line with strengthening regulations. From last year, the International Maritime Organization has obliged ships to use marine fuel with a sulfur content of no more than 0.5%, from the previous 3.5%. That meant shippers have to either replace their carriers with LNG-powered ships or install additional equipment to reduce sulfur emissions. Using LNG in place of bunker oil can reduce emissions of sulfur oxide and nitrogen oxide by 99% and 85% each.

    Source - Strategic Research Institute
  2. forum rang 10 voda 4 februari 2021 12:20
    Equinor Takes Impairment at Tanzania LNG Project

    Equinor has decided to write down the book value of its Tanzania LNG project on the company’s balance sheet by USD 982 million. This will be reflected in adjusted earnings for EPI division in fourth quarter 2020 results to be reported on 10 February 2021. While progress has been made in recent years on the commercial framework for TLNG, overall project economics have not yet improved sufficiently to justify keeping it on the balance sheet. The TLNG project has an anticipated breakeven price well above the portfolio average for Equinor and is, at this time, not competitive within this portfolio. Equinor will continue to engage with the Government of Tanzania in negotiations on a commercial, fiscal and legal framework that may provide a viable business case for TLNG in the future.

    Equinor maintains an attractive portfolio of project development opportunities in oil and gas as well as renewables. This portfolio requires strict prioritization, ensuring capital is allocated towards projects yielding the most competitive returns. As shown at the Capital Markets Update in February last year, Equinor’s oil and gas projects with expected start-up by 2026 have an average breakeven below $35/bbl based on today’s estimates. Similar for non-sanctioned oil and gas projects with expected start-up within this decade, the average breakeven is below $40/bbl.

    Equinor has been present in Tanzania since 2007 when the company signed a Production Sharing Agreement with the Tanzania Petroleum Development Corporation. Equinor is the operator with a 65% participating interest, along with ExxonMobil’s working interest of 35%. TPDC has the right to participate with a 10% interest. Equinor made nine gas discoveries in Block 2 offshore Tanzania with estimated volumes of 20 Tcf of gas in place.

    Source - Strategic Research Institute
  3. forum rang 10 voda 4 februari 2021 12:25
    bp Starts Delivery of LNG to Downstream Customers in China

    bp has begun to directly supply gas customers in China with gas from liquefied natural gas that it has imported into the country. This is the first time that bp has created a fully integrated gas value chain into China, directly connecting upstream resources, transportation and trading with downstream gas customers. The first cargo of gas delivered under bp’s new terminal usage agreement at the Guangdong Dapeng LNG Company Limited import terminal in Shenzhen, Guangdong Province, arrived on 24 January. Under the agreement, bp has 600,000 tonnes a year tolling regasification capacity at GDLNG.

    Last year bp signed gas supply agreements with ENN Group and Foran Energy, both in Guangdong. bp will supply each with 300,000 tonnes per year of pipeline gas, re-gasified from LNG, for two years from 2021

    The first LNG truck fleet from the Shenzhen Dapeng LNG Marketing Company (also made its inaugural journey.

    bp holds a 30% interest in GDLNG.

    Source - Strategic Research Institute
  4. forum rang 10 voda 9 februari 2021 07:14
    Yamal LNG Arc7 Ice-Class Tankers Complete Voyages

    PAO NOVATEK announced today that Arc7 ice-class Arctic LNG tanker Christophe de Margerie chartered by the Yamal LNG project successfully completed an independent passage along the Eastbound part of the Northern Sea Route on the 16th January, having reached the Bering Strait in 11 days with an average safe speed of 9.6 knots. The Christophe de Margerie was subsequently followed by a similar LNG tanker Nikolay Yevgenov, which is currently completing its independent passage along the NSR. Both LNG tankers will deliver approximately 140 thousand tons of LNG produced at Yamal LNG to destinations in the Asia-Pacific Region. The total time of cargo delivery by this route is 40% shorter than the traditional route through the Suez Canal.

    Simultaneously, another Arc7 ice-class LNG tanker Nikolay Zubov, traveling in the opposite direction to the port of Sabetta after offloading its LNG cargo, entered the Westbound ice route along the NSR on the 6th January and subsequently reached the Ob Bay on the 17th January.

    All three of the Arc7 ice-class LNG tankers independently passed the ice-covered part of the NSR, without ice-breaker support, along the navigational routes recommended by the State Research Center "Arctic and Antarctic Research Institute" and Atomflot’s Marine Operations Headquarters.

    The aforementioned voyages took place in average ice conditions, two months after the end of the traditional navigation season in the Eastern part of the Arctic, which usually ends in November.

    Source - Strategic Research Institute
  5. forum rang 5 Ronald Engels 10 februari 2021 23:50
    quote:

    voda schreef op 9 februari 2021 07:14:


    Yamal LNG Arc7 Ice-Class Tankers Complete Voyages

    PAO NOVATEK announced today that Arc7 ice-class Arctic LNG tanker Christophe de Margerie chartered by the Yamal LNG project successfully completed an independent passage along the Eastbound part of the Northern Sea Route on the 16th January, having reached the Bering Strait in 11 days with an average safe speed of 9.6 knots. The Christophe de Margerie was subsequently followed by a similar LNG tanker Nikolay Yevgenov, which is currently completing its independent passage along the NSR. Both LNG tankers will deliver approximately 140 thousand tons of LNG produced at Yamal LNG to destinations in the Asia-Pacific Region. The total time of cargo delivery by this route is 40% shorter than the traditional route through the Suez Canal.

    Simultaneously, another Arc7 ice-class LNG tanker Nikolay Zubov, traveling in the opposite direction to the port of Sabetta after offloading its LNG cargo, entered the Westbound ice route along the NSR on the 6th January and subsequently reached the Ob Bay on the 17th January.

    All three of the Arc7 ice-class LNG tankers independently passed the ice-covered part of the NSR, without ice-breaker support, along the navigational routes recommended by the State Research Center "Arctic and Antarctic Research Institute" and Atomflot’s Marine Operations Headquarters.

    The aforementioned voyages took place in average ice conditions, two months after the end of the traditional navigation season in the Eastern part of the Arctic, which usually ends in November.

    Source - Strategic Research Institute


    ==============================

    Voda,

    Logisch dat de Artic Ocean langs de Russisch/Siberische Artic Ocean Kust, opwarmt door het ijsbreken/transportschepen, wat nu vandaag in februari 2020 slechts maximaal 1.5 meter dik is, in 2003 was dit nog 2.5 à 4 meter dik in januari.

    Ter informatie: Conform the Climate Change Institute at the University of Maine waren de temperaturen wereldwijd per continent in 2020 als volgt ten opzichte van de normale gemiddelde Temperaturen periode jaren 1979 tot 2000:
    - World: plus +0.1 graad celcius
    - Northern Hemisphere: plus +0.5 graad celcius
    - Artic: plus +0.4 graden celcius
    - Tropics: plus +0.2 graden celcius
    - Southern Hemisphere: minus -0.2 graden celcius
    - Antarctica: minus -0.6 graden celcius.

    Zoals je dus duidelijk kan zien is de Noordelijke Ijszee Route door China, Frankrijk en Rusland wel degelijk opgewarmt met plus +0.4 graden celcius door menselijk gedrag in de vorm van Ijsbrekers en Transport-schepen, desondanks is er nog steeds slechts ruwweg 8 à 10 % minder ijsvolume en diktes in de Artic Ocean in de winter periodes als in 2003, toen Rusland fanatiek begon met Gas - export via tankers uit Yamal Schiereiland en niemand die het intereseert ook ons KNMI niet?

    Life is about money and money only, certainly for ALL GOVERNMENTS!!!!!! Who cares about the Planet, certainly not all Governments.

    Dit alles heeft dus totaal niets met de zogenaamde CO2 Global Warming Hysterie te maken.
    Thank God there is more CO2 in Planet Earths Atmosphere.

    M.v.g.
  6. forum rang 10 voda 3 maart 2021 13:09
    Eni Damietta Restarts LNG Production

    The first LNG cargo from the Damietta liquefaction plant in Egypt was successfully produced and lifted. This is the first LNG cargo produced by the terminal after it was shut down in 2012. Such event represents an important milestone in the process to complete the agreement reached on December 1st 2020 aimed at settling all pending disputes between the parties and at restarting the operations at the plant.

    At this stage the agreement has already received all the authorizations of the competent authorities and its final closing is expected in the first half of March.

    The agreement comes at an important moment, when also thanks to the fast time to market of Eni's natural gas discoveries, especially the ones in the Zohr and Nooros fields, Egypt has regained its full capacity to meet domestic gas demand and can allocate surplus production for export through its LNG plants.

    Source - Strategic Research Institute
  7. forum rang 10 voda 9 maart 2021 11:02
    Qatar Petroleum Awards North Field Contract for LNG Storage

    Qatar Petroleum announces the award of a major engineering, procurement, and construction contract to Samsung C&T Corporation for the expansion of the LNG storage and loading facilities located within Ras Laffan Industrial City as part of the North Field East Project. The contract, valued at more than 2 billion dollars (including options), was awarded on a lump sum basis and is the second major onshore EPC contract award for the NFE project. On the 8th of February 2021, QP awarded the EPC contract for the construction of four LNG mega-trains with associated facilities to Chiyoda Technip Joint Venture. The award of this contract for the expansion of the LNG storage and loading facilities represents yet another important milestone on the road to substantially increase the State of Qatar’s LNG production capacity.

    Both contracts represent the culmination of front-end engineering and design work that began in early 2018. When completed, the NFE Project will increase the State of Qatar’s LNG production capacity from 77 million to 110 tons per annum (MTPA). The second phase of the planned LNG expansion, the North Field South (NFS) Project, will further increase Qatar’s LNG production capacity from 110 MTPA to 126 MTPA by 2027.

    Source - Strategic Research Institute
  8. forum rang 10 voda 15 maart 2021 15:10
    Establishment of a Carbon Neutral LNG Buyers Alliance

    15 companies have come together to establish the Carbon Neutral LNG Buyers Alliance. The Alliance is established through the concerted efforts of Tokyo Gas, which procures and supplies CNL, and the remaining companies, which purchase CNL, with the aim of spreading the use of CNL and increasing its utility value toward the achievement of a sustainable society. Choosing carbon neutral energy is an important solution that will contribute toward tackling climate change and the SDGs, as well as directly lead to ESG management.

    Tokyo Gas Co Ltd

    Asahi Group Holdings Ltd

    Isuzu Motors Ltd

    Olympus Corporation

    Sakai Chemical Industry Co Ltd

    Duskin Co Ltd

    Tamagawa Academy & University

    Toshiba Corporation

    Toho Titanium Co Ltd

    New Otani Co Ltd

    Marunouchi Heat Supply Co Ltd

    Sumitomo Mitsui Trust Bank Ltd

    Mitsubishi Estate Co Ltd

    Yakult Honsha Co Ltd

    Lumine Co Ltd

    The companies participating in the Alliance will work to increase the recognition of CNL in society and carry out initiatives to improve its evaluation by investment institutions and establish its position within the various systems in Japan with the aim of contributing toward Japan’s achievement of a carbon neutral society by 2050.https://pbs.twimg.com/media/EwAOPFKUcAEZF2s.jpg

    Source - Strategic Research Institute
  9. forum rang 10 voda 16 maart 2021 10:02
    Eni Closes Pact for Restart of Damietta LNG Plant in Egypt

    Eni announces that it has closed the agreement signed last December with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation, the Egyptian Natural Gas Holding Company and the Spanish company Naturgy that will restart the Damietta liquefaction plant in Egypt, settle Union Fenosa Gas and SEGAS's outstanding disputes with EGAS and ARE, and effect a corporate restructuring of Union Fenosa Gas, whose assets have been divided between Eni and Naturgy, as well as of SEGAS which will now be owned 50 percent by Eni, 40 percent by EGAS and 10 percent by EGPC.

    The liquefaction plant, owned by SEGAS, with a capacity of 7.56 billion cubic meters per year, which has been idle since November 2012, has resumed production. The first LNG cargo was carried out on February 22, followed by a second cargo on March 4, while a third, which is being loaded at the facility, will be sold directly by Eni to its customers in Europe.

    The purchase of Egyptian LNG consolidates Eni's integrated development strategy by increasing the volumes and flexibility of its portfolio, in synergy with its upstream assets.

    Through this agreement, the company strengthens its presence in the East Mediterranean, a key region for the supply of natural gas, which is a fundamental resource for the energy transition, of which Egypt is the main producer in the area.

    As for Union Fenosa Gas' activities outside Egypt, Eni will take over the natural gas marketing activities in Spain, strengthening its presence in the European gas market.

    The agreement comes at an important time when, thanks in part to the rapid entry into production of Eni's recent natural gas discoveries, especially from the Zohr and Nooros fields, Egypt has regained full capacity to meet domestic gas demand and can allocate excess production for export through LNG facilities.

    Source - Strategic Research Institute
  10. forum rang 10 voda 16 maart 2021 10:20
    Beursblik: Vopak zet stappen met LNG-projecten

    FONDS KOERS VERSCHIL VERSCHIL % BEURS
    Vopak
    41,11 0,11 0,27 % Euronext Amsterdam

    (ABM FN-Dow Jones) Vopak zet enkele grote stappen vooruit met LNG-projecten. Dit oordeelde analist Quirijn Mulder van ING dinsdag.

    Mulder wees op een aankondiging op maandag, waarin Vopak de ontwikkeling aankondigde van een LNG-terminal in Melbourne. Hoewel dit project voor slechts 5 procent zal bijdragen aan de EBITDA, is de potentie van het project volgens de analist "enorm". Vopak voert nu voor zes projecten haalbaarheidsstudies uit, zo merkte Mulder op.

    De meeste LNG-terminals zullen in samenwerking met andere partijen worden gebouwd, hetgeen impliceert dat Vopak zelf kapitaal zal moeten inleggen en ook geld zal moeten lenen. "Het duurt even voordat Vopak de terminals kan ontwikkelen, maar de onderliggende vraag naar LNG is er wel degelijk", aldus Mulder, die de opslagspecialist geleidelijk afscheid ziet nemen van de olie-opslag.

    ING heeft een koopadvies op Vopak met een koersdoel van 52,00 euro. Het aandeel Vopak koerste dinsdagochtend 0,3 procent hoger op 41,14 euro.

    Door: ABM Financial News.
    info@abmfn.nl
    Redactie: +31(0)20 26 28 999

    © Copyright ABM Financial News B.V. All rights reserved.
  11. forum rang 10 voda 22 maart 2021 11:32
    EPC Contract for Ust-Luga Gas Processing Complex Terminated

    Gazprom, RusGazDobycha and NIPIGAZ have decided to terminate the business relationship under the EPC contract for the creation of the Gas Processing Complex as part of the Complex for processing ethane-containing gas GPC of CPECG near Ust-Luga. The purpose of the decision is to optimize the project costs. The EPC contract was signed for a cycle of operations to create gas processing and off-site facilities at the complex, including the preparation of the working documentation, delivery of equipment & materials, execution of construction & installation and start-up & commissioning works, and integration services for the complex and its off-site facilities. A new contractor for these works will be appointed in the near future.

    The replacement of the contractor will not have any influence on the project implementation schedule. All works for the creation of the CPECG are carried out as planned.

    Background

    Gazprom and RusGazDobycha are implementing the project for a natural gas processing and liquefaction complex near the settlement of Ust-Luga, with the RusKhimAlyans special-purpose company as the project operator. It is the anchor project of the major gas processing and chemical cluster that is being established in the region.

    The complex will have the largest capacity in Russia in terms of gas processing and will be the largest in northwestern Europe in terms of liquefied natural gas (LNG) production (13 million tons per year). In addition to LNG, its commercial products will include ethane fraction, liquefied petroleum gases, and pentane-hexane fraction.

    RusGazDobycha will be responsible for the construction of the technically affiliated gas chemical facility that will process ethane generated by the complex and produce up to 3 million tons of various polyethylene grades.

    Under the existing long-term contracts, the CPECG will be provided with raw materials for not less than 20 years.

    Source - Strategic Research Institute
  12. forum rang 10 voda 22 maart 2021 11:34
    GAZ Group Starts Production of LNG Buses at Likino Plant

    GAZ Group has launched mass production of its LNG-fueled bus to be marketed as LiAZ-5292 LNG. It is the first serial large city bus powered by liquefied natural gas in the Russia market. The new bus was first successfully tested in Chelyabinsk last autumn and is being tested now in Saint Petersburg. LiAZ-5292 LNG is eco-friendly. It is powered by a fuel-efficient YaMZ-536 engine. The fuel is stored in an LNG tank at 19 atm max. The bus can make a journey of over 300km on a 375L tank of liquefied natural gas. With the new technology the fuel is supercooled to -160°? and is made insensitive to the ambient temperature. The LNG tank is in the rear part of the body for quick and easy access for maintenance without removing the tank.

    The new modification is designed to carry 111 passengers and has all the best features of the basic version, e.g. low floor, big standee space, kneeling system tilting the body towards the doors for easier passenger entry and exit. The bus comes with an AC system, USB charging ports, a video surveillance system, an ERA-GLONASS emergency response system, route indicators and running message displays. LiAZ-5292 LNG has a mechanical wheelchair ramp for easy access for low-mobility people, wheelchair spaces and driver call buttons.

    Use of natural gas fuels helps reduce fuel costs compared with gasoline and diesel. Besides it is one of the greenest fuels, indeed. GAZ Group is a leading Russian manufacturer of gas-fueled vehicles. Today, GAZ Group’s lineup of CNG vehicles includes all types of buses, commercial vehicles, and specialty vehicles based on them. Before the start of serial production each model undergoes lengthy tests to ensure safety and reliability: at test sites, in difficult terrain, in test operation on real routes. GAZ Group has partnerships with leading gas equipment manufacturers, which in combination with the full test cycle and cutting edge production technology delivers great reliability of the products.

    Source - Strategic Research Institute
  13. forum rang 10 voda 23 maart 2021 10:30
    Gazprom & Shell Expanding Cooperation

    Gazprom and Shell signed an Agreement of Strategic Cooperation for a five-year period. The signing ceremony was held via a video link in the presence of Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Royal Dutch Shell. The newly signed document expands the interaction between the two companies. Particular attention will be given to such areas as research of energy markets, implementation of projects along the entire value chain, cooperation in digitalization of technologies, and reduction of greenhouse gas emissions.

    Alexey Miller and Ben van Beurden reviewed the current achievements brought about by the cooperation between Gazprom and Shell. In particular, Sakhalin II was discussed. Last year, a record-high volume of liquefied natural gas – over 11.6 million tons – was produced and shipped to customers under the project.

    Special mention was made of the European energy sector decarbonization. It was noted that natural gas, due to its eco-friendliness, can play a significant role in meeting Europe's climate goals.

    Gazprom and Shell are jointly engaged in the Sakhalin II project, which includes Russia's first LNG plant. The project operator of Sakhalin II is Sakhalin Energy (Gazprom – 50 per cent plus one share, Shell – 27.5 per cent minus one share, Mitsui & Co. Ltd – 12.5 per cent, and Mitsubishi Corporation – 10 per cent).

    The previous Agreement of Strategic Cooperation between Gazprom and Shell was signed in 2015.

    Source - Strategic Research Institute
  14. forum rang 10 voda 25 maart 2021 08:22
    ABB to Power Total Led Mozambique LNG Project

    CCS JV, comprising Saipem, McDermott and Chiyoda, has signed a deal with ABB to provide comprehensive integrated and intelligent electrical systems for the east-African Mozambique LNG field which is expected to start production by 2024. ABB’s 26-month project will culminate in a significant installed base in Mozambique for ABB and will involve collaboration across multiple ABB divisions and regions, led by ABB in Singapore. Fourteen large onshore electrical houses (e-houses) or prefabricated electrical substation buildings, specifically designed for oil and gas applications, will be built by ABB team in Singapore and transported to the Mozambique LNG Project site.

    The company will also integrate its electrical control and power management system alongside 110kV gas-insulated switchgears (GIS), medium voltage switchgears (33kV, 11kV) and low voltage switchgears.

    Source - Strategic Research Institute
  15. forum rang 10 voda 31 maart 2021 07:55
    Total & Shenergy to Jointly Market LNG in China

    Total and Shenergy Group, the leading energy player in Shanghai, have signed binding agreements for the supply of up to 1.4 million tonnes per annum of Liquefied Natural Gas from Total, as well as the creation of a joint venture to expand LNG marketing in China. The joint venture (Total 49%, Shenergy Group 51%) will sell LNG, supplied by Total, to customers in Shanghai and throughout the neighboring Yangtze River Delta regions, one of the main LNG markets in China. Additionally, Total will supply LNG to Shanghai Gas, the natural gas subsidiary of Shenergy Group, for its distribution business.

    The LNG supply to the JV and Shanghai gas distribution business will be sourced from global LNG portfolio of Total through a long-term LNG Sale and Purchase agreement ramping up to 1.4 million tons per annum for a term of twenty years. It will be delivered to Shenergy’s Chinese LNG terminals.

    Shenergy (Group) Co Ltd, founded in 1987, is a Shanghai-based state-owned company that is engaged in power generation, gas industry, finance, cable industry, energy service and trade. Its subsidiary Shanghai Gas integrates natural gas procurement, pipeline network distribution and sales services, which supplied 9.8 billion cubic meters of natural gas and served 6.3 million natural gas users in 2019.

    Source - Strategic Research Institute
  16. forum rang 10 voda 5 april 2021 09:21
    RWE Delivers LNG Cargo on Carbon Neutral Basis to POSCO

    Through close co-operation RWE has arranged the delivery of a carbon offset cargo for its customer POSCO end of March. The cargo was delivered to the Gwangyang Terminal in South Korea. Under the agreement between RWE and POSCO, carbon emissions associated with the LNG cargo from wellhead to delivery, including exploration, production and transport, have been offset. This is achieved through the retirement of a corresponding amount of carbon credits, so called Verified Emissions Reductions certificates. High quality carbon credits have been sourced and independently certified under the internationally recognised Gold Standard, which adheres to strict environmental and social principles, and will be retired in order to compensate for the associated CO2 emissions of producing and delivering the cargo to Korea.

    The carbon emission intensity of the cargo delivery was estimated using the Wood Mackenzie LNG Emissions Tool. RWE is now able to provide all its customers with the opportunity to offset carbon emissions related to LNG deliveries through the use of emission reduction certificates.

    Source - Strategic Research Institute
  17. forum rang 10 voda 7 april 2021 07:27
    Severstal Deliver 27KT Large Diameter Pipes for Arctic LNG 2

    PJSC Severstal has completed the supply of large-diameter pipes in the amount of 27 thousand tons for the development of the Salmanovskoye (Utrennoye) oil and gas condensate field under the Arctic LNG 2 project, which is being implemented by NOVATEK ". In the period from September 2020 to February 2021, the Izhora Pipe Plant (ITZ, part of the Severstal Russian Steel division) shipped large diameter pipes (LDP) in the range of 530-1420 mm with a three-layer polyethylene coating with a wall thickness of 14 to 26 mm made of steel of strength category from K50 to K60. Within the framework of this tender, Severstal also supplied 40 tons of LDP with a diameter of 1020 mm and a wall thickness of 26 mm in a cold-resistant design with a minimum operating temperature of -52 degrees. This is a unique product that has no analogues in Russia. Even at such a low temperature, the metal retains its ductility, which is important for the operational reliability of the gas pipeline in regions with extremely low temperatures.

    Severstal offers customers unique trading solutions for the construction of LNG plants based on the production capabilities and products manufactured by the enterprises that are part of the structure of the company. For the construction of Arctic LNG 2, Severstal supplies the widest range of products from fittings, hardware and large-diameter pipes to the most sophisticated unique equipment, replacing imported counterparts.

    In St Petersburg, Linde Severstal, a joint venture with Germany's Linde, is currently producing a spiral-wound heat exchanger (liquefier) for the Arctic LNG 2 project. The spiral wound heat exchanger (SVTO) is a key piece of equipment in natural gas liquefaction and processing plants. At the end of 2019, a 300-ton winding machine was purchased at the enterprise, which allows winding operations for large-capacity heat exchangers, which include a spiral-wound heat exchanger for Arctic LNG 2.

    For the construction of Arctic LNG 2, Severstal-metiz (the enterprise is part of the Severstal structure) supplies fasteners, steel shaped profiles and reinforcing strands. High-strength fasteners are produced by Orlovsky Steel Rolling Plant in cooperation with the partner company Parallel, which applies a special thermal diffusion coating to the fasteners to protect them from corrosion. OSPAZ fasteners are used for fastening metal structures.

    Severstal Distribution (Severstal's distribution network) supplies A600C and A500 valves for the construction of the Arctic LNG 2 liquefied gas plant. The total volume of supplies, starting from 2019, has already amounted to 92.5 thousand tons.

    The Arctic LNG 2 project provides for the construction of three technological lines for the production of liquefied natural gas with a capacity of 6.6 million tons per year each and stable gas condensate up to 1.6 million tons per year. The total capacity of the three lines will be 19.8 million tons of LNG per year. The project is based on an innovative construction concept using gravity-based foundations in order to reduce capital costs and minimize the environmental impact of the Arctic region of Russia. The launch of the first line is planned in 2023, the second and third - in 2024 and 2026, respectively.

    Source - Strategic Research Institute
  18. forum rang 10 voda 8 april 2021 12:39
    Eni & Zhejiang Energy to Work on LNG Business in China

    Eni and Zhejiang Energy signed a Memorandum of Understanding on strategic cooperation in the energy sector. The MoU establishes a cooperation framework aimed at facilitating joint initiatives between Eni and Zhejiang Energy across the gas and LNG value chain in China and internationally. The MoU builds on the companies’ shared goal of promoting a reduction in emissions by favoring a switch from coal to gas in the production of electricity. The initiatives identified in the MoU range from developing long term LNG supply agreement to joint participation in gas/LNG projects.

    Using gas to produce electricity instead of coal reduces by as much as half the greenhouse gas emissions of a power plant, providing an immediate step forward in decarbonizing the sector.

    For Eni, the MoU represents a further step in the energy transition process. The company has recently launched a new strategy, which will lead the company to be carbon neutral by 2050, in all its operations, processes and products. In the long term, gas – which will be increasingly decarbonized – will represent more than 90% of Eni’s production.

    Eni has been present in China since 1984 and has recently established a new Representative Office in Beijing.

    Source - Strategic Research Institute
  19. forum rang 10 voda 8 april 2021 12:56
    BMW MINI Plant Oxford Using Imperial LNG Lorries

    A new fleet of trucks powered by liquefied natural gas is helping to drive sustainable logistics at MINI Plant Oxford. 18 LNG lorries from Imperial have now hit the road, transporting parts and components from suppliers on 15 different routes across the UK to the home of the MINI brand. LNG lorries have lower fuel consumption, produce fewer harmful emissions and are quieter on the roads. The new fleet has already delivered a reduction of approximately 20% in CO2 and NOX emissions, compared to diesel alternatives. In future, a total CO2 reduction of up to 90% is expected by using bio-LNG.

    Imperial has successfully trialled LNG lorries in both the UK and Germany over the past 12 months. The company has installed its own LNG facility close to MINI Plant Oxford, which means vehicles on routes with limited refuelling opportunities can leave Oxford with a full tank before continuing their onward journey.

    Source - Strategic Research Institute
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SimpeleZiel op 17 apr 2021 10:28
 
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