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World’s largest FLNG begins production
Dec. 26, 2018
Source: Reuters

World’s largest FLNG begins production

Oil supermajor, Shell today informed about commencing production from Prelude floating liquefied natural gas (FLNG) facility in Australia. Currently the world’s largest floating production structure, Prelude is estimated to annually produce 3.6 million tonnes of LNG, 1.3 million tonnes of condensate and 400,000 tonnes of LPG. The project is operated by Shell where Japan’s Inpex Corp, Taiwan’s CPC Corp and Korea Gas Corp are other partners.

Shell’s Prelude FLNG will start at the end of 2018
Dec. 5, 2018

Shell’s Prelude FLNG will start at the end of 2018

According to sources, Royal Dutch Shell’s Prelude floating LNG unit is expected to start at the end of the year. The natural gas produced offshore northern Australia will be processed here and exported as LNG. Prelude’s capacity of annual LNG production is assumed to be 3.6 million tonnes. Apart from LNG, it will also process 1.3 million tonnes a year of condensate and 400,000 tonnes a year of LPG.

India plans to blend Methanol with LPG
Oct. 1, 2018

India plans to blend Methanol with LPG

The Government of India is looking to sell LPG blended with methanol. This move can result in reduction of cooking gas subsidy by almost a third at current prices. Many countries mix 20% methanol with LPG. If implemented in India, the cost of cooking gas for household consumption is expected to go down by Rs 100 a cylinder. India’s policy think tank, Niti Aayog is likely to pilot the project.

BPCL attempts to strengthen safety
Sept. 13, 2018

BPCL attempts to strengthen safety

Bothered by a series of fire accidents this year, the Indian PSU Bharat Petroleum Corporation Limted (BPCL), is preparing to move its LPG facility out of Mumbai. In an attempt to strengthen safety, the LPG facility will be shifted to Rasayani. The move is expected to help cut down 43% of truck movement near the refinery. Similar relocation might come for its other refineries in Kochi, Numaligarh, and Bina as well.

BPCL to expand LPG storage capacity
Aug. 28, 2018

BPCL to expand LPG storage capacity

India’s state-owned BPCL will be increasing its Cherlapalli LPG bottling plant’s storage capacity. State head of BPCL informed that an extra 1200 tonnes will be added to the present storage capacity of the bottling unit. The construction of 1200 tonnes is planned to be completed by January-February of next year. The oil giant this year has facilitated the state with 1.5 lakh new connections with the help of Ujjwala Scheme.

CPC updates on Ichthys LNG project
Aug. 1, 2018
Source: Taipei Times

CPC updates on Ichthys LNG project

Taiwan-based CPC Corp has informed that gas production has started at the offshore well of the Ichthys LNG project in Australia. CPC holds a 2.625% stake in the project, which makes it the third largest stakeholder after Inpex Corp and Total SA. The project is estimated to produce upto 8.9 million tonnes of LNG and 1.6 million tonnes of LPG annually, alongwith 36.5 million barrels of condensate.

Fuel prices increase in Egypt
July 25, 2018
Source: Arab News

Fuel prices increase in Egypt

The Egyptian Cabinet decided last week to elevate the price of natural gas by 75% in August. The gas consumption between 30-60 cubic meters has been increased by 42.8% and consumption of more than 60 cubic meters has gone up by 33.3%. The surge in prices has raised concerns as LPG cylinders and natural gas is the main source of fuel for 75% of the Egyptian households.

Indian PPAC reports 4.4% upsurge in fuel demand
May 15, 2018
Source: Economic Times

Indian PPAC reports 4.4% upsurge in fuel demand

The Petroleum Planning and Analysis Cell (PPAC) of the Indian Oil Ministry has disclosed that the countrywide fuel consumption for the month of April totaled to 17.67 million tonnes. This indicates a rise in India’s fuel demand by 4.4%, and is owed to the surge in cooking gas (LPG) and auto fuel consumption. The data from the PPAC also showed an increase in Petrol, Diesel, ATF and other fuels.

HPCL to set up Rs 136-cr LPG plant in Bihar
April 7, 2018
Source: Economic Times

HPCL to set up Rs 136-cr LPG plant in Bihar

Hindustan Petroleum Corporation Limited (HPCL) has received the clearance from the Indian Union Environment Ministry for establishing a new LPG plant with bottling and storage facilities in East Champaran, Bihar that will require an investment of Rs.136.4 crore. The objective is to increase rural penetration of bottled LPG cylinders in Bihar in a safe and environmental-friendly way.

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