The IEA reports that global natural gas consumption is expected to contract slightly in 2022 and grow slowly over the following three years as Russia’s war in Ukraine pushes up prices and fuels fears of further supply disruptions.
More Gas processing news
Chart Industries Inc. has received full notice to proceed for Cheniere’s Corpus Christi Stage Three LNG export terminal project.
INEOS Energy has signed a Heads-of-Agreement with Sempra Infrastructure for the potential supply of 1.4 million tpy of LNG from North America for 20 years.
In an historic first, Uzbekistan’s new state-of-the-art gas-to-liquids (GTL) plant in the Qashqadaryo Region has begun producing synthetic oil.
According to GlobalData, China is expected to lead the global LNG regasification capacity additions between 2022 – 2026, contributing 26% of the total LNG liquefaction capacity additions.
Analysts at Wood Mackenzie believe that storage refill is at risk unless additional demand and supply measures are taken.
Lummus Technology has announced the launch of its Polaris breech-lock closure – a new technological upgrade applicable to its high-pressure heat exchanger equipment.
A fire at Freeport LNG‘s natural gas liquefaction plant in South Texas, US, has led to the full shutdown of the facility. The shutdown will reduce total US LNG export capacity by approximately 2 billion ft3/d.