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Operating rate in Shandong was at low level

Affected by dropping transaction of feed stock of blended oil, profit of products from deep-processing plants was narrowed. Producers were cautious about the market trend, reducing the units’ operating rate.

01-15-2015 18:34:00

Dorian LPG secures financing for VLGC newbuildings

Dorian LPG informed that is has received commitments for up to $761 million of debt financing for its VLGC newbuilding program.

01-13-2015 18:42:16

ENN discharged its first cargo of LNG

JYD Information reported that on December 23rd 2014, SONANGOLBENGUELA with 60,000 mt LNG went alongside Jiangsu Nantong Yangkou port, completing the discharge of LNG in PetroChina (Jiangsu Rudong).

12-25-2014 16:06:10

How will the propane price go after growth

Recently, propane price went up largely, especially in Shandong with amount of increase of CNY1,000-1,500/mt. This was because players made a large amount purchase while the price was lowered almost at bottom.

12-25-2014 13:46:40

East China price index of LPG & LNG in equal calorific value

Function of LNG in residential, commercial and industrial field is the same with LPG. As residential pipeline of LNG and LPG is irreversible, alternate of function is irreversible too. However, as for industrial and commercial field, alternate function is adjustable based on economic attribute.

12-24-2014 16:32:09

Development of motive natural gas will slow down

At present in China, 3.5 million natural gas vehicles in total have been introduced to 32 provinces, saving fuel oil of 23 million mt, driving the harmful substances emission down and making efforts in protecting our environment.

12-11-2014 18:57:52

Price of both upstream products and downstream dropped, bringing difficult to deep-processing plants

In this week, theoretical profit of products from deep-processing units including aromatization, alkylation and isomerization in Shandong went up as cost for feed gas dropped.

12-10-2014 10:40:30

International and China LPG supply and Asia demand trend

In November 13, 2014, Doctor Wu Kang, vice president of FGE, gave a speech in 2014 China Petrochemical Industry Annual Conference.

11-20-2014 18:01:34

China LPG Supply & Demand Analysis and Future Trend

Affected by the bearish market of international crude oil, the propane and butane market was slack. Most refineries shut down to avoid risks, especially in Shandong province. Thus the supply of propane and butane reduced. As winter is approaching, the demand of propane and butane will grow.

10-30-2014 17:08:13

China LPG production volume in October Went up

According to JYD data, China LPG production volume in October reached 1.92-1.93 million mt, up by 1.61% than last month (September).

10-29-2014 17:23:09

Uzbekistan Expected to Increase Natural Gas Export to China in 2015

It is said that Gazprom will stop the natural gas import from Uzbekistan and Turkmenistan. Affected by this, Uzbekistan will export more natural gas to China. It is expected that by 2015, Uzbekistan will increase the natural gas export volume to 10 billion m3.

10-28-2014 15:22:44

Russia Natural Gas to China Soon

In China, the consumption of natural gas is growing sharply, and the share of energy consumption will increase to 30% from 5%.

10-17-2014 09:13:28

Operating Rate of Deep-processing Enterprises may Shrink Further

In October, the continuous drop of international crude oil price led to the fall of expected CP for November.

10-17-2014 09:02:57

Propane Supply and Security Act of 2014 Introduced; Bi-Partisan Action Benefits Propane Customers

Washington, DC (July 31, 2014) – Today, a bi-partisan group of senators made up of, Sen. Tammy Baldwin (D-WI), Sen. Al Franken (D-MN), and Sen. Rob Portman (R-OH), introduced the “Propane Supply and Security Act of 2014”.

10-10-2014 16:26:48

WesPac, CME Partner up on LNG Supply to Ship Owners

The WesPac/CME integrated solution represents a significant step in the evolution of LNG as a marine fuel. The partnership is able to provide both the funding required for LNG conversion as well as the infrastructure for LNG supply and delivery.

10-08-2014 09:40:21

Clean Energy Fuels Extends Fueling Support to Dillon Transport

Clean Energy Fuels said that it has signed a multi-year fueling agreement to further support Dillon Transport in heavy-duty natural gas truck fueling.

10-08-2014 09:31:43

BC: Throne Speech Emphasizes Importance of LNG Industry

Legislation to be introduced in the fall session will provide increased certainty for proponents of potential LNG projects, ensure fair benefits for British Columbians, establish B.C. as a competitive environment for investment in this key industry, and protect our environment.

10-08-2014 09:24:29

Tepco, Chubu Electric form Energy JV

Details of the alliance will be negotiated in the coming period aiming to conclude a final agreement concerning and to establish a legal entity for the purpose of realizing the JV within the second half of the fiscal year ending March 2015.

10-08-2014 09:22:16

GFS Corp Gets LNG Conversion Order from Arch Coal

As a part of an ongoing evaluation program, GFS Corp will be converting nearly a quarter of Arch Coal’s Komatsu 930E haul truck fleet to an LNG operation using the EVO-MT 9300 System. The 930E trucks will join two existing 830E trucks that have been operating on LNG since early 2014.

10-08-2014 09:04:25

Kogas LNG Tender Joins South Korean Shippers and Shipbuilders

Seven shipping lines from South Korea joined forces with local shipbuilding companies to try and win an order from Korea Gas Corp for the build of six LNG carriers.

10-08-2014 08:58:58

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