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    PTTGCA’s proposed ethane cracker plant in Ohio takes step forward with an agreement for a new storage facility

    Thailand’s PTT Pcl subsidiary PTTGCA recently announced that it has signed an agreement with Energy Storage Ventures LLC subsidiary Mountaineer NGL Storage for the construction of a facility to store and transport NGL at the proposed ethane cracker complex in Ohio. July 30, 2020
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    Third train at the Cameron LNG project will soon enter commercial service

    The Federal Energy Regulatory Commission (FERC) recently signed off on a request from Sempra Energy’s Cameron LNG of Louisiana’s third and final trainJuly 30, 2020
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    PTTGCA plans to proceed on its Ohio petrochemical project without Daelim Chemical as a partner.

    PTTGA of Thailand recently stated that its often delayed ethane cracker project in Ohio will go ahead, despite the exit of partner Daelim Chemical. July 23, 2020
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    NextDecade reduces train plans for its Rio Grande LNG project in Texas

    NextDecade of Texas recently announced that it will cut back its plan of six trains at its planned Rio Grande LNG project down to 5 trains.July 23, 2020
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    Eni SpA picks up its pace in exiting traditional oil refinery business

    Eni SpA of Italy is continuing its plan to pivot away from conventional refineries in favor of greener facilities, spurred on by the pandemic effect on the industry. July 16, 2020
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    Driftwood LNG faces another struggle as Tellurian fails to qualify for LNG supply to India

    Tellurian of the U.S. has reportedly not qualified for a recent tender for LNG supply to the Indian marketplace, as the glut in gas continues to affect the LNG industry. July 16, 2020
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    The Myanmar government begins planning for new refineries

    Myanmar’s Ministry of Electricity and Energy (MOEE) recently began the initial planning for new high-quality oil refineries in the country to satisfy anticipated domestic demand. July 9, 2020
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    Kuwait’s upcoming Al Zour refinery expected to be delayed again (1)

    Kuwait National Petroleum Company subsidiary KIPIC appears to be ready to further delay the startup of its long-delayed Al Zour refinery in Kuwait into 2021, despite being over 95% complete. July 9, 2020
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    BP exits the petrochemical business with a $5 billion sale to INEOS as a cost cutting measure (4)

    BP recently announced that it has agreed to sell its global petrochemical business to British chemical company INEOS for $5 billion to meet expected divestment targets. July 2, 2020
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    Sinopec plans to refocus production at its long running Anqing refinery

    Sinopec is reportedly expected to spend $1.5 billion dollars to redirect the production at the long running Anqing refinery towards a petrochemical upgrade plan for over 2 million tons per year (tpy). July 2, 2020
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Boxscore Construction Analysis:
Business Trends: Asia and Europe join the feedstock evolution with steam crackers

From the April 2018 issue of Hydrocarbon Processing

 

 
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