March 2012

LEAD STORY

PNG's oil and gas sector is one that has received much attention recently, with studies suggesting that it has in the region of 15.6 trillion cubic feet of proven natural gas reserves (and others suggesting considerably more) sitting close to the traditional Asian LNG demand centres of Japan, Korea and…

Also in this issue

The new Pluto LNG plant put into operation by Australia's Woodside Petroleum is processing natural gas from the Pluto and Xena fields, located in the Carnarvon Basin about 190 kilometres north-west of Karratha, Western Australia.  
ACD of the US, a leading manufacturer of cryogenic equipment and turbo-machinery, said it received an order from TGE Marine Gas Engineering to supply LNG fuel pumps for a new vessel being built by Meyer Werft of Germany.
At the start of 2012 the LNG has an installed liquefaction capacity of around 370 billion cubic metres, or some 270 million tonnes per annum. This equates to about 10 percent of global natural gas supply, and up to around 40 percent of gas supply to Europe.
A report on the company marketing its designs called Gravifloat and EasyLNG for import, storage, regasification and liquefaction.
Dutch contract research and development organization TNO was commissioned by Gutteling B.V., SBM Offshore and Bluewater Energy Services to execute a variety of tasks in the qualification process for cryogenic multi-composite hoses for offshore LNG transfer.