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Iran, Iraq, Syria sign $10B gas pipeline deal

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Iran, Iraq, and Syria have signed a deal for the construction of the Middle East’s largest gas pipeline, which would carry gas from Iran’s South Pars gas field to Europe via Iraq, Syria, and Lebanon and beneath the Mediterranean Sea. Construction should take 3–5 years once funding is secured, Ouji said.

Syria 199
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GlobalData: Asia to spearhead global refinery FCCU capacity additions between 2022 and 2026

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Fluid catalytic cracking, a type of secondary unit operation in a refinery, is primarily used in producing additional gasoline in the refining process. —Teja Pappoppula, Oil and Gas Analyst at GlobalData. Among new build refinery projects, the planned Yulong refinery in China is likely to add a capacity of 141 mbd in 2024.

Asia 195
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Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf

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Across the Gulf, Iran has taken similar steps. Energy Subsidy Reform in the Persian Gulf: The End of the Big Oil Giveaway” was co-authored by Jim Krane, the Wallace S. Wilson Fellow for Energy Studies at the Baker Institute, and Shih Yu “Elsie” Hung, a research associate in the institute’s Center for Energy Studies.

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MIT and IEA reports take different views of the future of natural gas in transportation

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MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)

MIT 299
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Forecast: Global Natural Gas Vehicle Fleet to Reach 17 Million by 2015

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A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. Conversely, in Pakistan, Argentina, Brazil, Iran, and India—the top five markets for NGVs—there are a variety of light-duty NGVs available. Tags: Natural Gas. million in 2008. Environmental benefits.

2015 268
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Forecast: 17M Natural Gas Vehicles Worldwide by 2015

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Cleantech research firm Pike Research forecasts growth in natural gas vehicles (NGV) on the road worldwide to 17 million units by 2015, up from 9.7 The top five markets for NGVs are currently Pakistan, Argentina, Brazil, Iran, and India. Tags: Conversions LNG Market Background Natural Gas. million in 2008. Energy security.

2015 170
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Saudis Expand Price War Downstream

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The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer the refining sector as it has quickly become the fourth largest refiner in the world. In fact, at $5.60