Thursday, May 30, 2013

SINGAPORE: ExxonMobil producing ethylene and other chemicals from expanded petrochemicals plant

(EnergyAsia, May 31 2013, Friday) — ExxonMobil said it has boosted production of ethylene and other downstream chemicals on Singapore's Jurong Island with the start-up of its long-delayed second world-scale steam cracker.

Integrated with the existing petrochemical complex and powered by a 375-megawatt cogeneration plant, the new plant will enable the US major to increase production at three polyethylene plants, two polypropylene plants, a specialty metallocene elastomers unit and the expanded oxo-alcohol and aromatics units over the next few weeks.

With the expansion completed last December, ExxonMobil said it has begun producing commercial grades of new products such as specialty metallocene elastomers for the first time in the Asia Pacific region.

"This expansion gives ExxonMobil unparalleled feedstock flexibility in the industry and positions the Singapore petrochemical complex well to serve growth markets from China to the Indian sub-continent and beyond," said Matthew Aguiar, chairman and managing director, ExxonMobil Asia Pacific Pte Ltd.

"We are committed to meeting the regional demand for petrochemical products and to contributing to Singapore's growth."

During more than 83 million hours of project work, the major said it set an industry-leading record in construction safety without an injury involving a lost day of work.

"We successfully completed the commissioning of the steam cracker and we are now focused on ensuring that the plant operates safely and reliably," said Georges Grosliere, venture executive and manufacturing director of the Singapore Chemical Plant, ExxonMobil Chemical Company.

"The scale and complexity of this expansion project, which doubled the steam-cracking capacity, demanded a strong focus on safety, operational integrity and discipline."

ExxonMobil has operated in Singapore for 120 years and is one of Singapore's largest foreign manufacturing investors. The company has expanded refining and petrochemical production in Singapore to meet expected demand for transportation fuels and the chemicals used for plastics and other manufacturing across the Asia Pacific region.

 


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Sunday, May 26, 2013

SINGAPORE: Sincro Energy Systems starts up office and distribution centre for Asia

(EnergyAsia, May 27 2013, Monday) — Sincro Energy Systems has opened an office and a centre in Singapore for distributing a range of rotating electrical machines for Italy's Soga SpA to Asia.

At last week's launch ceremony attended by Enrico Soga, Soga's CEO, and 50 business partners, the company announced that Sincro Energy Systems would be distributing Soga, Sincro, Agrowatt and Soga brands of products.

Soga SpA is the leading company of Soga Energy Team, which designs and creates rotating electrical machines with a broad range of industrial, marine and energy applications.

Manufactured in northern Italy, Soga said the products are made in accordance with ISO 9001 certification and come with a guarantee of reliability. All stages of manufacture, from die-casting of lightweight aluminum bodies to winding of stators and rotors and final assembly are handled by the Italian factory's production staff, enabling stringent quality control.

Mr Soga said: "To create great products, you need power behind the process", says Enrico Soga. "No one knows better how to harness power for industrial use than the Soga Energy Team. Made in Italy, our products have the quality guaranteed that comes from being manufactured in Europe.

"We want to be here to stay as close as possible to our customers, to understand what they want and to reinforce our presence and service offering. By being close to the market, we believe we can offer better engineering solutions."

 


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Monday, May 20, 2013

SINGAPORE: Siemens and Diamond Energy launch pilot project to help companies cut power bill

(EnergyAsia, May 20 2013, Monday) — Two companies have launched a pilot project to help large companies reduce their electricity expenses by slashing or shifting their power consumption during peak demand periods in exchange for payments.

Germany's Siemens and Diamond Energy, a local electricity wholesaler, expect to start their demand response (DR) service at the Siemens Centre in MacPherson Road in the third quarter.

"Demand Response is a further enhancement to the electricity market which allows consumers to reduce or shift their power usage during peak demand periods in exchange for payments. In this way consumers are rewarded for being flexible in their electricity consumption and are able to benefit from having lower electricity purchase costs," said Siemens, which signed a memorandum of understanding with Diamond Energy to collaborate on the three-year multi-phased project.

Under the National Electricity Market of Singapore's Interruptible load (IL) scheme for the commercial building sector, customer are paid for putting a portion of their electricity supply on standby for temporary interruption.

"Consumers are rewarded for being flexible in their electricity consumption and are able to benefit from having lower electricity purchase costs," said Siemens.

The pilot project aims to demonstrate the feasibility of customised technology and solutions to deploy interruptible load solutions in commercial buildings.

Siemens will supply smart meters and other communication equipment, conduct site surveys for equipment installation, supervise installations while Diamond Energy will provide engineering services.

Diamond Energy, Singapore's largest Interruptible load aggregator, will manage the project's operations and demand response programme using its proprietary platform. It has been working with industrial and manufacturing companies to participate in the scheme since 2006.

The partners plan to showcase and present the technology and solutions under the pilot project to potential customers in Singapore upon completion of the pilot project.

"Our mission at Diamond Energy is to provide energy management solutions that can help our customers lower their operating costs through our revenue generating demand response services, while contributing to a sustainable environment," said Zainul Abidin Rasheed, chairman of Diamond Energy Group.

"An effective demand response programme will bring about market-wide benefits in many areas, including pricing of electricity, resilience of the power system, and infrastructure planning and design."

Lothar Herrmann, CEO of Siemens Pte Ltd, said:

"The future of energy is a key concern globally, especially in terms of sustainable generation, intelligent distribution, and efficient consumption. Through this pioneering pilot project with Diamond Energy, Siemens hopes to be able to present, together with Diamond Energy, an innovative and efficient smart energy solution for commercial properties in Singapore and beyond."

Chee Hong Tat, chief executive of the Energy Market Authority of Singapore, said:

"The EMA is continuously seeking ways to enable consumers to manage their electricity consumption and enhance energy efficiency. One idea we are studying is the demand response initiative, which has also been implemented in some overseas jurisdictions. The project between Siemens and Diamond Energy can serve as a useful pilot on how businesses can benefit from demand side management initiatives. I hope it will encourage more companies to participate in such activities."




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Sunday, May 12, 2013

AUSTRALIA: CNOOC to buy part of BG Group stake in LNG project for US$1.93 billion, reimburse expenses

(EnergyAsia, May 13 2013, Monday) — UK-based natural gas company BG Group PLC said it has signed new agreements with China National Offshore Oil Corporation (CNOOC) pertaining to the Queensland Curtis LNG (QCLNG) project in Australia.

As part of the new deal, BG Group will sell "certain interests" in upstream coal seam gas tenements in Australia and a further 40% stake in the LNG's project Train 1 liquefaction facility for US$1.93 billion.

The Chinese state firm, which now owns a 10% stake in Train 1, has also agreed to reimburse BG Group for its share of QCLNG project expenditure incurred since January 1 2012.

CNOOC will acquire a 20% interest in the reserves and resources of certain BG Group tenements in the Walloons Fairway region of the Surat Basin, Queensland, increasing its ownership to 25% from 5%. CNOOC will acquire a 25% equity interest in certain other upstream tenements held by BG Group in the Surat and Bowen Basins, Queensland.

The UK firm will supply CNOOC with a further five million tons/year of LNG for 20 years from 2015, sourced from the group's global portfolio.

The two companies will jointly invest in the construction of two LNG ships in China, adding to the two ships already committed under the LNG agreements signed in March 2010. CNOOC will have the option to participate up to 25% in one of the potential expansion trains at QCLNG.

BG Group said its Australian business QGC Pty Limited will remain operator and retain majority ownership of the QCLNG project.

At last week's signing ceremony in Brisbane, BG Group CEO Chris Finlayson said:

"These agreements extend our strong relationship with CNOOC, which spans not only LNG but also exploration offshore China and production in the UK Continental Shelf through participation in the large Buzzard oil field.

"As a foundation partner in QCLNG, CNOOC was among the first to recognise the value and strategic importance of this world-first project – a vision that is now coming to fruition as we move towards first LNG in 2014.

"Combined with the 3.6 million tonnes per annum (mtpa) LNG sale agreement signed with CNOOC in 2010, BG Group now has total committed volumes to China of 8.6 mtpa which will make the Group the largest supplier of LNG to the world's fastest growing energy market.

"More broadly, the agreements expand our strong LNG position in the Asia-Pacific region, where we are on schedule with our LNG export project on Curtis Island in Queensland; where we have signed long-term LNG sales contracts with customers in China, Japan and India; and, where we will soon begin importing LNG into Singapore through our position as sole gas market aggregator."

 


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Wednesday, May 8, 2013

SINGAPORE: LNG terminal starts commercial operation with receipt of BG’s first cargo

(EnergyAsia, May 8 2013, Wednesday) — More than two decades after planners began considering liquefied natural gas (LNG) in the country's energy mix, Singapore launched commercial operations of its S$1.7 billion terminal this week with the receipt of the first cargo from exclusive importer BG Group of the UK. (US$1=S$1.25).

At the terminal's launch, Trade and Industry Minister S. Iswaran described it as a key infrastructure in Singapore's search for energy security and diversification.

"It will also contribute to the development of Singapore as a regional gas hub, catalyse LNG-related business opportunities and create new job opportunities for Singaporeans," he said.

Starting with two tanks with a combined throughput capacity of 3.5 million tonnes/year, the Jurong Island terminal will be expanded to six million tonnes/year by end-2013 following the completion of the third tank, additional jetties and regasification facilities.

There are plans to add a fourth tank and regasification facilities that will raise the terminal's capacity to nine million tonnes/year.

Singapore LNG Corp (SLNG) Pte Ltd, the terminal's developer, builder and operator, said it will enable the nation to import natural gas from around the world, thus enhancing its energy security.

CEO Neil McGregor, who thanked main contractor Samsung C&T as a "wonderful partner", noted that the project was completed and started up on time while achieving "a world-class safety record" of 14 million man-hours of on-site work without any lost-time injury.

In 2008, Singapore's Energy Market Authority awarded BG Group the exclusive roles of LNG importer and natural gas demand aggregator for up to three million tonnes per year.

EMA has concluded the first round of industry consultation to determine the framework for the next round of import, and will launch a second round of consultation later this month.

BG Group, which has sold about 90% of its allocation, said it will likely source the LNG from its Queensland Curtis plant in Australia to supply Singapore's industrial customers including six of the nation's large power generation companies.

Matt Schatzman, BG Group's Executive Vice President for Global Energy Marketing and Shipping, said:

"With our modern fleet of vessels and a global portfolio of LNG supply we are able to bring gas supplies from operations around the world and help underpin the country's rapidly growing economy and demand for energy."

Having supplied LNG to 24 of the world's 28 importing countries, the company will look to enhance Singapore's search for energy supply security, said Dominique van den Berg, President of BG South and East Asia.

In March, Qatargas supplied the first LNG cargo to the Singapore terminal when it was undergoing a trial commissioning.

 

 


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Tuesday, May 7, 2013

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Monday, May 6, 2013

SINGAPORE: PacificLight Power on course to start LNG-fuelled power plant this year

(EnergyAsia, May 7 2013, Tuesday) — Singapore's first liquefied natural gas (LNG)-fired power plant is on course for a full start-up in the fourth quarter, said owner PacificLight Power Pte Ltd, previously known as GMR Energy.

The 800MW combined-cycle plant on Jurong Island will sell electricity at prices based on crude or high-sulphur fuel oil, said the company, which is 30% owned by Malaysia's Petronas Power Sdn Bhd and 70% by FPM Power Holdings Limited.

FPM Power is jointly owned by Hong Kong-based First Pacific Company Ltd and a subsidiary of Philippines' Manila Electric Co.

"With the opening up of Singapore's electricity market, an increasing number of consumers are expecting better customer service and competitive prices. PacificLight is well-prepared in this new landscape and is committed to create more value by providing tailored energy solutions for our customers," said PacificLight CEO Yu Tat Ming.

 




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