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    Pertamina and CPC move forward together on $8 billion dollar petrochemical plant in West Java

    Pertamina of Indonesia and CPC of Taiwan recently signed a head of agreement (HOA) for the development of a petrochemical complex to be constructed in Balongan, West Java, Indonesia with an estimated investment figure of $8 billion.June 11, 2020
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    PTTGCA reiterates its commitment to its $10 billion dollar ethane cracker complex in Ohio with a new timeline.

    PTT Global Chemical (PTTGC) of Thailand’s subsidiary PTTGCA recently announced a new timeline for a planned ethane cracker plant to be built in Belmont County, Ohio. June 4, 2020
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    Gazprom begins commissioning activities at the Amur Gas Processing Plant in Russia.

    The $12.7 billion dollar Amur Gas Processing Plant (GPP) in the Far East of Russia has begun its startup and commissioning activities at the first two trains of this complex, which are due for onstream status in 2021. June 4, 2020
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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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