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Gas processing

China’s LNG imports to decline

Wood Mackenzie reports that China’s LNG imports are set to fall over 14% year-on-year to 69 million t in 2022, the largest decline since it began LNG imports.

 
 
 

Global trade in LNG grows

An average of 49 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d (4.5%) from 2020, according to ‘The LNG Industry GIIGNL Annual Report 2022’.

 
 
 

EIA: global LNG trade grew by 4.5% in 2021

According to the LNG Industry GIIGNL Annual Report 2022 by the GIIGNL, global trade in LNG in 2021 increased by 2.2 billion ft3/d, or 4.5%, compared with 2020.

 

Lummus Digital partners with LACC

Lummus Digital has announced an agreement with LACC to develop AI powered remote performance monitoring for an ethane cracker unit.

 
 

Honeywell introduces its Connected OEM

The Connected OEM offering is an Internet of Things (IoT) solution that allows OEMs and skid manufacturers to remotely monitor the health and condition of their assets.

 

Shell and CMA CGM sign LNG agreements

Shell and CMA CGM Group have signed agreements that will see them work closely together to accelerate the decarbonisation of the marine sector. This includes a multi-year LNG supply agreement.

 
 

INEOS enters LNG market

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.