Page 18 - Oil&Gas-AustralAsia-2015-Issue-5
P. 18
C HINA
Primus Green Energy and Jereh Announce Global
Collaboration to Deploy Gas-to-Liquids Systems
Partnership Offers Comprehensive comprehensive lump-sum single vendor flowback enhancer.
Gas Monetization Solutions Using basis.” said Sam Golan, Chief Executive “Through this partnership, Jereh and
Breakthrough STG+™ Technology Officer of Primus Green Energy. “Jereh Primus offer the energy industry an
Primus Green Energy Inc., a gas-to- has a strong global marketing network unmatched gas monetization solution
liquids (GTL) technology and solutions and world-class fabrication, engineering from a single vendor that utilizes a
company that transforms methane and and delivery capabilities, making this best-in-class GTL technology,” said Li
other hydrocarbon gases into gaso- the ideal collaboration for the strategic Weibin, vice president at Jereh. “Our
line, methanol and diluent, and Jereh, deployment of our GTL systems.” combined team will support clients
an international, integrated oil and The STG+T technology can use a range during every phase of the implemen-
gas company specializing in Oil and of natural gas feedstocks, including tation, guaranteeing seamless project
Gas EPC services, oilfield technology wellhead and pipeline gas, dry or wet delivery and maximum performance of
services and equipment manufacturing, associated gas, “stranded” ethane, ex- the advanced systems.”
today announced the launch of a global cess syngas from underutilized reform- Furthermore, the pre-engineered, mod-
market collaboration. ers or mixed natural gas liquids. The ular units are fabricated offsite, then
Primus and Jereh will jointly market systems’ stranded and associated gas transported to the project site for final
and deploy a range of flexible, robust applications offer an ideal solution to assembly, enabling rapid delivery and
GTL systems - including gas-to-gaso- the lack of traditional natural gas pipe- expedited construction time.
line and gas-to-methanol systems - that line infrastructure in remote locations, Primus’ process has been validated
use Primus’ proprietary STG+T process enabling the monetization of gas that through over 7,000 hours of operation
to produce high-quality liquid prod- would otherwise be stranded or flared. at its commercial testing plant in Hills-
ucts from natural gas. The technology The low sulfur, zero benzene gasoline borough, N.J. By comparison with other
economically transforms natural gas produced through the STG+T process GTL technologies, Primus’ STG+T pro-
feedstocks into liquid end products can be sold into a refinery blending cess holds many key advantages, includ-
at scales as small as 4 MMscf per day pool or directly into the wholesale ing record low capital and operating
(100,000 Nm3 per day) of natural gas. market. Methanol produced through costs, high liquid product quality, zero
“With the rapidly growing demand for the GTL systems can be sold into wastewater, and unmatched process
gas monetization technologies, this regional markets or used onsite in oil simplicity. These advantages result in
collaboration will provide prospective and gas production operations, where STG+T technology being uniquely eco-
clients with a unique opportunity to it functions as a corrosion or scale nomical at all scales, starting as small as
obtain a best-in-class GTL solution on a inhibitor, a friction reducer, inhibitor of 100,000 Nm3 per day of feed gas. §
hydrate formation and a fracturing fluid
China’s oil demand will likely rise by 5.5 per cent
year over year in 2015 ByMarieRYAN
A report on the latest Chinese govern- Meanwhile, China’s net imports of “Gasoil will continue to be the main
ment data shows oil demand has risen oil products surged 37 per cent year laggard on the back of slowing momen-
2.1 per cent in the past year to 11.01 over year to 639,000 barrels per day in tum in the industrial and manufactur-
million barrels per day. September, driven by strong inflows of ing sectors,” Mr Song said.
Growth in China’s apparent demand LPG, fuel oil and naphtha, according to “We expect gasoil demand to see less
for gasoline and naphtha slowed in data from the General Administration than 1 per cent growth in 2016 as well.
September, while demand for liquefied of Customs. Gasoil is the most widely consumed oil
petroleum gas (LPG), fuel oil and jet During the first nine months of this product in China and demand has been
fuel continued to rise at an amazing pace. year, China’s total apparent oil demand hit in the last three years because of
Gasoil was the clear loser with demand averaged 11.13 million barrels per day, declining economic growth,” he said.
contracting 7 per cent year over year. marking an increase of 7.5 per cent Apparent demand in September fell 7
China’s refinery throughput in Sep- from the same period of 2014. per cent year over year - the steepest
tember averaged 10.37 million barrels Senior Analyst for Platts Song Yen Ling decline since February -- to a 20-month
per day, up 0.5 per cent from a year said with the expected further slow- low at 3.35 million barrels per day.
earlier, data from the country’s National down in economic growth next year, Stocks of gasoil fell 15.7 per cent in Sep-
Bureau of Statistics (NBS) showed in we are forecasting apparent demand to tember from August to an estimated
October. expand by 1.8 per cent in 2016, to an
average 11.3 million barrels per day.
A A16 OIL & GAS ustral SIA NOVEMBER/DECEMBER 2015 www.oilandgasaustralasia.com
Primus Green Energy and Jereh Announce Global
Collaboration to Deploy Gas-to-Liquids Systems
Partnership Offers Comprehensive comprehensive lump-sum single vendor flowback enhancer.
Gas Monetization Solutions Using basis.” said Sam Golan, Chief Executive “Through this partnership, Jereh and
Breakthrough STG+™ Technology Officer of Primus Green Energy. “Jereh Primus offer the energy industry an
Primus Green Energy Inc., a gas-to- has a strong global marketing network unmatched gas monetization solution
liquids (GTL) technology and solutions and world-class fabrication, engineering from a single vendor that utilizes a
company that transforms methane and and delivery capabilities, making this best-in-class GTL technology,” said Li
other hydrocarbon gases into gaso- the ideal collaboration for the strategic Weibin, vice president at Jereh. “Our
line, methanol and diluent, and Jereh, deployment of our GTL systems.” combined team will support clients
an international, integrated oil and The STG+T technology can use a range during every phase of the implemen-
gas company specializing in Oil and of natural gas feedstocks, including tation, guaranteeing seamless project
Gas EPC services, oilfield technology wellhead and pipeline gas, dry or wet delivery and maximum performance of
services and equipment manufacturing, associated gas, “stranded” ethane, ex- the advanced systems.”
today announced the launch of a global cess syngas from underutilized reform- Furthermore, the pre-engineered, mod-
market collaboration. ers or mixed natural gas liquids. The ular units are fabricated offsite, then
Primus and Jereh will jointly market systems’ stranded and associated gas transported to the project site for final
and deploy a range of flexible, robust applications offer an ideal solution to assembly, enabling rapid delivery and
GTL systems - including gas-to-gaso- the lack of traditional natural gas pipe- expedited construction time.
line and gas-to-methanol systems - that line infrastructure in remote locations, Primus’ process has been validated
use Primus’ proprietary STG+T process enabling the monetization of gas that through over 7,000 hours of operation
to produce high-quality liquid prod- would otherwise be stranded or flared. at its commercial testing plant in Hills-
ucts from natural gas. The technology The low sulfur, zero benzene gasoline borough, N.J. By comparison with other
economically transforms natural gas produced through the STG+T process GTL technologies, Primus’ STG+T pro-
feedstocks into liquid end products can be sold into a refinery blending cess holds many key advantages, includ-
at scales as small as 4 MMscf per day pool or directly into the wholesale ing record low capital and operating
(100,000 Nm3 per day) of natural gas. market. Methanol produced through costs, high liquid product quality, zero
“With the rapidly growing demand for the GTL systems can be sold into wastewater, and unmatched process
gas monetization technologies, this regional markets or used onsite in oil simplicity. These advantages result in
collaboration will provide prospective and gas production operations, where STG+T technology being uniquely eco-
clients with a unique opportunity to it functions as a corrosion or scale nomical at all scales, starting as small as
obtain a best-in-class GTL solution on a inhibitor, a friction reducer, inhibitor of 100,000 Nm3 per day of feed gas. §
hydrate formation and a fracturing fluid
China’s oil demand will likely rise by 5.5 per cent
year over year in 2015 ByMarieRYAN
A report on the latest Chinese govern- Meanwhile, China’s net imports of “Gasoil will continue to be the main
ment data shows oil demand has risen oil products surged 37 per cent year laggard on the back of slowing momen-
2.1 per cent in the past year to 11.01 over year to 639,000 barrels per day in tum in the industrial and manufactur-
million barrels per day. September, driven by strong inflows of ing sectors,” Mr Song said.
Growth in China’s apparent demand LPG, fuel oil and naphtha, according to “We expect gasoil demand to see less
for gasoline and naphtha slowed in data from the General Administration than 1 per cent growth in 2016 as well.
September, while demand for liquefied of Customs. Gasoil is the most widely consumed oil
petroleum gas (LPG), fuel oil and jet During the first nine months of this product in China and demand has been
fuel continued to rise at an amazing pace. year, China’s total apparent oil demand hit in the last three years because of
Gasoil was the clear loser with demand averaged 11.13 million barrels per day, declining economic growth,” he said.
contracting 7 per cent year over year. marking an increase of 7.5 per cent Apparent demand in September fell 7
China’s refinery throughput in Sep- from the same period of 2014. per cent year over year - the steepest
tember averaged 10.37 million barrels Senior Analyst for Platts Song Yen Ling decline since February -- to a 20-month
per day, up 0.5 per cent from a year said with the expected further slow- low at 3.35 million barrels per day.
earlier, data from the country’s National down in economic growth next year, Stocks of gasoil fell 15.7 per cent in Sep-
Bureau of Statistics (NBS) showed in we are forecasting apparent demand to tember from August to an estimated
October. expand by 1.8 per cent in 2016, to an
average 11.3 million barrels per day.
A A16 OIL & GAS ustral SIA NOVEMBER/DECEMBER 2015 www.oilandgasaustralasia.com
