EDMONTON – A Chinese firm is behind a new Alberta joint-venture company that wants to build a liquefied natural gas plant in the province.
Read more: http://tinyurl.com/myznko6
Tag Archives: LNG
Gazprom Wants 15% of Global LNG Market
Gazprom aims to capture 15% of the global LNG market over the next 15 years. In a press release, it stated that its board of directors agreed that LNG would be one of the company’s “core businesses,” and focusing more on LNG would allow the company to optimize its trading portfolio. “A gradual increase in LNG output will allow Gazprom to seize a 15 per cent share in the global market by 2030,” the company said in its statement.
Read more: http://tinyurl.com/lh4o5z3
Russia to become a Major LNG Producer within a Decade
Leonid Mikhelson, the chief executive and co-owner of Novatek, has predicted that Russia will become one of the top LNG producers in the world within the next ten years, matching even the likes of Qatar, the current top producer.
Read more: http://tinyurl.com/mvlqmyh
In Japan, an LNG revolution looks to Canada
It’s winter, and the grass is struggling to take root on the roof of a cavernous new underground tank on the shores of Tokyo Bay. Workers completed the tank, with its thick insulating concrete walls and brilliant stainless steel inner liner, in October. Soon after, it accepted its first load of liquefied natural gas (LNG), chilled to -162 C.
Read more: http://tinyurl.com/q2mqayl
Shell Abandons Plan to Build Giant Gas-to-Liquids Plant in the US
After two years of studying the possibility of building a huge gas-to-liquids plant on the Gulf of Mexico coast in order to take advantage of the cheap supply of US shale gas, Royal Dutch Shell has decided to cancel the project as estimated costs had risen to $20 billion, no longer making the scheme a viable one.
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LNG mobile gas station coming to GP
Grande Prairie’s northwest end of the city will be the location of a new LNG mobile gas station.
Read more: http://tinyurl.com/nfxznkh
New Joint Venture Advances Natural Gas Fueling Market In Canada
CALGARY, Alberta, Nov. 19, 2013 — CALGARY, Alberta, Nov. 19, 2013 /PRNewswire/ — Ferus Natural Gas Fuels and ENN Canada Corporation announced a Joint Venture today to construct, own and operate two LNG liquefaction plants in Canada. The plants will be strategically located in Vancouver, British Columbia and Edmonton, Alberta to service the on-road trucking market as well as other high-horsepower applications including marine, rail, mining, and oil and gas exploration.
Read more: http://tinyurl.com/lehen47
US Energy Independence: The Numbers Don’t Add Up
Energy independence sounds good, and that’s why politicians and oil company executives love to say the words. It’s so easy to say, but oh so hard to actually accomplish, which is why the United States has been a consistent importer of oil since the late 1940s.
Read more: http://tinyurl.com/owzl5n9
LNG Locomotives to be Common in the US by 2016
In 2011, US railroad companies consumed a little over 3 billion gallons of diesel, nearly 5.5% of the total consumption for the entire country.
Read more: http://tinyurl.com/k7bcwdp
Redford’s trip to China highlights petrochemical potential
EDMONTON – Premier Alison Redford’s push to explore petrochemical projects and related trade missions with China during her 12-day trade trip is a welcome move that could help bring billions of foreign investment to Alberta, says an industry expert.
Read more: http://tinyurl.com/mnlfty9