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    Borealis scraps its $6.8 billion petrochemical project in Kazakhstan.

    Borealis of Austria recently announced it will no longer continue development in an integrated ethane cracker and polyethylene project that had been anticipated to be built in Atyrau, Kazakhstan. May 28, 2020
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    Total’s Mozambique LNG moves forward with nearly $15 billion in financing planned in June.

    Total has reportedly secured $14.4 billion in funding for its upcoming LNG project in Mozambique’s Area 1. May 28, 2020
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    Saudi Aramco and SABIC remain committed to its proposed large petrochemical project in Yanbu.

    The joint venture comprised of Saudi Aramco and SABIC is reportedly sticking to its plan to construct the first oil-to-chemicals project of its type in the Middle East. May 21, 2020
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    Train 3 of the Cameron LNG export facility has begun production in Louisiana.

    McDermott and Chiyoda announced on the 18th of May that the third and final train of the Cameron LNG export facility in Hackberry, Louisiana has commenced its production of liquefied natural gas. May 21, 2020
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    LNG Ltd to sell the Magnolia LNG export project in Louisiana to private firm Global Energy Megatrend.

    LNG Ltd recently announced a binding sale of its Magnolia LNG export project in Louisiana to private firm Global Energy Megatrend of London for $2.25 million USD.May 14, 2020
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    The Heartland Petrochemical Complex of Alberta faces cost increases and a slipping start date.

    Inter Pipeline’s Heartland Petrochemical Complex under construction in Redwater, Alberta is expected to see its estimated cost rise from $3.5 billion USD to $4 billion USD.May 14, 2020
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    Oil storage plans in Aruba open up after terminating refinery refurbishment project.

    The Dutch Caribbean Island of Aruba is looking to offer up storage capacity at the San Nicolas refinery and terminal location after refurbishment plans ended. May 7, 2020
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    Freeport LNG begin commercial operations at its third train on the Texas Gulf Coast.

    After nearly six years of construction, the third train of the Freeport LNG project has begun commercial operations for export through the Freeport Harbor Channel. May 7, 2020
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    Nigeria moves towards private firm management for its refinery futures

    Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele Kyari has said the country’s refineries will be handed over to private firms to manage their operations and maintenance basis.April 16, 2020
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    Kenai LNG Cool Down project development in Alaska slows pace

    U.S. regulatory authorities have temporarily ceased the environmental review process for Marathon subsidiary Trans-Foreland Pipeline’s planned Kenai LNG “Cool Down” project.  April 16, 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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