Natural Gas
Iran war deals harder blow to natural gas than oil
Key gas infrastructure - liquefaction plants in particular - is more complex and expensive to build and repair than the oil equivalent. That means oil refineries can often resume operations more quickly than liquefied natural gas export hubs after a shutdown.
Equinor has no spare oil and gas capacity, CEO says
The U.S.-Israeli attacks on Iran and the latter's retaliatory strikes across the Middle East have disrupted around a fifth of global oil and liquefied natural gas supply along the Strait of Hormuz, a key chokepoint for Gulf state exports.
Current Digital Edition
Sign up to Receive Our Newsletter
Latest News
- Pumps & Valves Innovation Conference Brings Program for Operators, Engineers to the Gulf Coast 4/22
- Australia's Queensland invests in biodiesel to cut reliance on fuel imports 4/22
- Indonesia biodiesel consumption eclipses 3.9 MM kiloliters so far this year 4/22
- Malaysia's palm oil-based biodiesel push to add 300,000 tpy in demand 4/22
- India's L&T Energy GreenTech, Japan's ITOCHU ink 300,000 tpy green ammonia supply deal 4/22
- Energy services group Saipem ‘well positioned’ to win Iran war repair contracts 4/22
Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction

