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Shell to double LNG capacity and expand power
Filtration industry Analyst
July 2000
Filtration Company Index Air Purification
Technologies
10
Airtech International Group Inc
11
Alfa Laval
1
Alfred K~.rcher GmbH & Co
10
Aqua Care Systems Inc
6
Baker Hughes Inc
5
BBA Group
1
Donaldson Co Inc
8
Entropie
10
ESCO Electronics Corp
10
Flanders Corp
8
GL&V
10
HemaSure Inc
11
Industri Kapital
1
Ionics Inc
16
Iteq Inc
4
Johns Manville
9, 10
Metso Corp
10
Millipore Corp
10
MPW Industrial Services Group Pall Corp
7, 9, 11
Co
6
Puradyn Filter
Technologies Inc
16
Purification Products Ltd
9
Russell Finex Ltd
9
Snow Filtration Co
1
Stanadyne Automotive Corp
9
Svedala
10
Trial Innovations Inc
9
WaterChef Inc
11
Whatman
11
Zenon Environmental
II
San Diego-based Sempra Energy International has announced plans to team up with PG&E Corp's National Energy Group and Proxima Gas SA, a Mexican energy firm, to construct a 212 mile long natural gas pipeline to serve northern Baja California. The US$230 million pipeline will begin its journey by interconnecting with E1 Paso Natural Gas Co near Ehrenberg, Arizona, across south eastern California and will finish south of Rosarito, Mexico. Designed to supply 400 million ft 3 of natural gas per day, the proposed North Baja Pipeline will provide natural gas to industrial users and a new 500 MW electricity plant the Mexican government plans to place in either Rosarito or Mexicali. If all goes as planned, the pipeline could be completed in January 2003.
7
Peerless Manufacturing
Inc
PIPELINE DEAL TO SERVE CALIFORNIA
9, 10
PSG MAY WITHDRAW O F F E R TO BUILD GAS LINE PSG, a company forming part of a consortium to build a gas pipeline from Turkmenistan to Turkey, may withdraw its offer to build the line unless Turkmenistan approves it soon. PSG recently announced that it was cutting staff and spending in response to slow progress by Turkmenistan in considering its proposal, which involves building a 2000 km pipeline at a cost of around US$2 billion. Turkmenistan has vast reserves of gas but the republic lacks access to global markets.
At present it can only export gas to Russia and Iran, and has long sought to build a new line to the booming Turkish market. However, Turkmen president Saprmurat Niyazov has recently appeared to cool towards the TCGP project. He recently appeared on state television and said that PSG was demanding unjustifiably high profit margins and added that he wanted the company to meet its contractual obligations.
KOGAN CREEK RECOMMENDED FOR POWER PLANT The Australian government has recommended that its Foreign Investment Review Board should approve the Kogan Creek coal-fired power station project in the state of Queensland. Environment minister Senator Robert Hill accepted promises made by the project's owner, Southern Co's unit Consolidated Electric Power, to offset greenhouse gas emissions from the plant, which the company aims to switch on in 2003. Hill also accepted Consolidated Electric Power's statemerits that carbon dioxide emissions from the plant would be lower than from existing black coal-fired power stations a key issue as Australia works to meet its international commitments to curb greenhouse gas emissions.
SHELL TO DOUBLE LNG CAPACITY AND EXPAND P O W E R Anglo-Dutch oil giant Royal Dutch Shell says that it plans to nearly double its liquefied
natural gas (LNG) production capacity over the next four years. The group said it also intends to expand power generation, and boost its gas and power marketing and trading business, all moves designed to help it keep its place among the global energy majors. "We have over six million tonnes a year (in LNG capacity). That should be approaching 10 million tonnes by 2004," says Linda Cook, chief executive of Shell's Gas and Power unit. Cook said Shell's LNG business - the most mature and most profitable activity in its gas and power unit - was one of the reasons the company was able remain among the major players in a sector where competitors had chosen to consolidate. Cook said expansion in Shell's LNG business was underpinned by firm projects in Malaysia, Nigeria, Oman and Venezuela. The group was also eyeing the possibility of building an LNG import terminal near Shenzhen, China, and saw further opportunities in North America, Europe and the growing Asia-Pacific markets especially Japan, Korea, China and Australia. The third train of Shell's Nigerian LNG venture was due to become operational early in 2002 and its third LNG project in Malaysia was due to come on stream later that year, Cook also commented. A decision to invest in an LNG joint venture in Venezuelan state oil company Petroleos de Venezuela was expected next year, with first production due in 2005, while a decision to expand investments in Oman was still pending. Bids for the Chinese LNG terminal could open later this year.
July 2000
Filtration Company Index Air Purification
Technologies
10
Airtech International Group Inc
11
Alfa Laval
1
Alfred K~.rcher GmbH & Co
10
Aqua Care Systems Inc
6
Baker Hughes Inc
5
BBA Group
1
Donaldson Co Inc
8
Entropie
10
ESCO Electronics Corp
10
Flanders Corp
8
GL&V
10
HemaSure Inc
11
Industri Kapital
1
Ionics Inc
16
Iteq Inc
4
Johns Manville
9, 10
Metso Corp
10
Millipore Corp
10
MPW Industrial Services Group Pall Corp
7, 9, 11
Co
6
Puradyn Filter
Technologies Inc
16
Purification Products Ltd
9
Russell Finex Ltd
9
Snow Filtration Co
1
Stanadyne Automotive Corp
9
Svedala
10
Trial Innovations Inc
9
WaterChef Inc
11
Whatman
11
Zenon Environmental
II
San Diego-based Sempra Energy International has announced plans to team up with PG&E Corp's National Energy Group and Proxima Gas SA, a Mexican energy firm, to construct a 212 mile long natural gas pipeline to serve northern Baja California. The US$230 million pipeline will begin its journey by interconnecting with E1 Paso Natural Gas Co near Ehrenberg, Arizona, across south eastern California and will finish south of Rosarito, Mexico. Designed to supply 400 million ft 3 of natural gas per day, the proposed North Baja Pipeline will provide natural gas to industrial users and a new 500 MW electricity plant the Mexican government plans to place in either Rosarito or Mexicali. If all goes as planned, the pipeline could be completed in January 2003.
7
Peerless Manufacturing
Inc
PIPELINE DEAL TO SERVE CALIFORNIA
9, 10
PSG MAY WITHDRAW O F F E R TO BUILD GAS LINE PSG, a company forming part of a consortium to build a gas pipeline from Turkmenistan to Turkey, may withdraw its offer to build the line unless Turkmenistan approves it soon. PSG recently announced that it was cutting staff and spending in response to slow progress by Turkmenistan in considering its proposal, which involves building a 2000 km pipeline at a cost of around US$2 billion. Turkmenistan has vast reserves of gas but the republic lacks access to global markets.
At present it can only export gas to Russia and Iran, and has long sought to build a new line to the booming Turkish market. However, Turkmen president Saprmurat Niyazov has recently appeared to cool towards the TCGP project. He recently appeared on state television and said that PSG was demanding unjustifiably high profit margins and added that he wanted the company to meet its contractual obligations.
KOGAN CREEK RECOMMENDED FOR POWER PLANT The Australian government has recommended that its Foreign Investment Review Board should approve the Kogan Creek coal-fired power station project in the state of Queensland. Environment minister Senator Robert Hill accepted promises made by the project's owner, Southern Co's unit Consolidated Electric Power, to offset greenhouse gas emissions from the plant, which the company aims to switch on in 2003. Hill also accepted Consolidated Electric Power's statemerits that carbon dioxide emissions from the plant would be lower than from existing black coal-fired power stations a key issue as Australia works to meet its international commitments to curb greenhouse gas emissions.
SHELL TO DOUBLE LNG CAPACITY AND EXPAND P O W E R Anglo-Dutch oil giant Royal Dutch Shell says that it plans to nearly double its liquefied
natural gas (LNG) production capacity over the next four years. The group said it also intends to expand power generation, and boost its gas and power marketing and trading business, all moves designed to help it keep its place among the global energy majors. "We have over six million tonnes a year (in LNG capacity). That should be approaching 10 million tonnes by 2004," says Linda Cook, chief executive of Shell's Gas and Power unit. Cook said Shell's LNG business - the most mature and most profitable activity in its gas and power unit - was one of the reasons the company was able remain among the major players in a sector where competitors had chosen to consolidate. Cook said expansion in Shell's LNG business was underpinned by firm projects in Malaysia, Nigeria, Oman and Venezuela. The group was also eyeing the possibility of building an LNG import terminal near Shenzhen, China, and saw further opportunities in North America, Europe and the growing Asia-Pacific markets especially Japan, Korea, China and Australia. The third train of Shell's Nigerian LNG venture was due to become operational early in 2002 and its third LNG project in Malaysia was due to come on stream later that year, Cook also commented. A decision to invest in an LNG joint venture in Venezuelan state oil company Petroleos de Venezuela was expected next year, with first production due in 2005, while a decision to expand investments in Oman was still pending. Bids for the Chinese LNG terminal could open later this year.