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Showing posts with the label #commodity

Process Licensors in LNG Industry

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According to World LNG Report 2025 by International Gas Union, Among the liquefaction trains that became operational in 2024: 1. Plaquemines LNG T1-T8 in the United States adopted Baker Hughes' single-cycle mixed refrigerant (SCMR) technology,  2. Altamira LNG T1 in Mexico adopted New Fortress Energy's Fast LNG technology 3. Congo Marine XII FLNG in Congo adopted Black & Veatch's poly refrigerant integrated cycle operations (PRICO) technology. 4. Corpus Christi Stage 3 T1 in the United States has adopted ConocoPhillips' Optimized Cascade technology.  5. Arctic LNG 2 T1 in Russia has chosen Linde's mixed fluid cascade (MFC) technology. However, the situation for Arctic LNG remains uncertain due to difficulties in securing suppliers.  Currently, Air Products' (AP) liquefaction technologies still dominate the market in liquefaction methodology, representing about 66% of the total operational capacity in 2024, while AP-C3MR hold about a 55% share. Air Products T...

Unclear Future of LNG Marketplace, Reasons & Checkpoints

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The Global LNG Industry: Navigating Investment Challenges Amid Market Evolution The global LNG industry has evolved rapidly over the past two decades, especially in recent years, taking center stage in the energy security policies of importing nations. Natural gas producers increasingly view LNG as a safer and more flexible option that allows them to reach a broader consumer base, extending beyond regional markets despite the added cost of liquefaction.  Simultaneously, importing countries have leveraged LNG to diversify supply risks by engaging with a wider base of producers. Today, LNG offers both producers and consumers a level of flexibility approaching that of the oil industry. With over 100 nations worldwide committed to NetZero by 2050 and many of them have set their targets. One of these relatively easy target is to shift from Coal based or heavy hydrocarbon based power generation to the natural gas where LNG is available in the spot market. We also find a country like USA ...

Oil Price & USD The Love & Hate Relationship

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  The relationship between the US Dollar and oil prices historically has been complex and multifaceted, influenced by various economic, geopolitical, and market factors. Generally, there tends to be an inverse relationship between the USD and oil prices. When the value of the USD strengthens against other currencies or the Dollar index, it often leads to a decrease in the price of oil, and vice versa. This relationship is partly due to the fact that oil is priced in USD on the global market. Oil traders and economists know exactly how the Oil price moves when the index moves. However this is not trues in some cases, when oil price and USD appreciates together or vice versa. Here are some key points to consider when examining this relationship and cases where the relationship is not a direct one: 1. Global Economic Growth : In periods of robust global economic growth, both oil prices and the value of the USD can rise together. Strong economic expansion can lead to increased demand f...