Tag Archives | Qatar

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Multiple Energy Options In China

Source of table: The Economist

 

By John Richardson

WHEN you are an energy giant such as Shell you can afford to explore multiple avenues in an effort to profit from China’s long-term energy needs.

Thus Shell re-affirmed last week …

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June China Lending Disappoints

 

By John Richardson

POLYETHYLENE (PE) and polypropylene (PP) offer prices were reportedly on the rise across Asia earlier this week on increasing geopolitical tensions over Iran that led to a hike in crude prices.

“Butene-grade linear-low density (LLDPE) offers …

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Asian Operating Cuts Not Enough

By John Richardson

ASIAN naphtha cracker operators have cut production in response to the exceptionally weak China market, according to ICIS.

Yeochun Naphtha Cracker Centre (YNCC) has, for instance, lowered operating rates to 90 percent from 100 percent at its …

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Saudi Worries About China Netbacks

 

 

By John RichardsonHere is the first of a three blog posts on what is happening in China’s polyolefins markets.

Today, we look at the Middle East and tomorrow and Thursday we present the perspective of traders and Western-headquartered …

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China’s Shale Gas Potential

By John Richardson

THE shale-gas revolution, which, of course, is already well underway in the US, could also have major implications for petrochemicals in China.

China has 1,275 trillion cubic feet of recoverable shale-gas reserves, according to the Energy Information …

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Saudi Gas Costs Head Higher

By John Richardson

SAUDI Arabia’s petrochemical producers could soon, or may already, be paying $1.50-2.00/mmBTU for their ethane supplies.

“We are not sure whether the proposed increase from $0.75/mmBTU will take place from 1 January this year or from early 2013, …

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Don’t Underestimate The Middle East

 

Source of picture: Wikimedia Commons

 

By John Richardson

THE theme of last week’s Gulf Petrochemicals and Chemicals Association (GPCA) conference in Dubai was “Moving Downstream, Creating Added Value and Sustainable Growth”.

There is a huge effort underway in …

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Banking on gas

By Malini Hariharan

Is the International Energy Agency (IEA) being extremely bullish in predicting a ‘golden age’ for natural gas over the next 25 years?

In a recently released report (available here) the IEA forecasts a 55% growth in global …

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Saudi Crackers Could Soon Be At 100%

By John Richardson

SAUDI ARABIA’S crackers could soon be running at operating rates of 100% again following widespread reports quoting the al-Hayat newspaper that the country’s crude production is set to rise to 10m barrels a day in July. Al-Hayat, a Saudi …

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Saudi Petchem Output Increase

By John Richardson

YESTERDAY’S fractious OPEC meeting – where members were unable to agree on a proposal by the four biggest members to raise output – may not necessarily be good news for petrochemicals.

For a long time the industry …

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