Black & Veatch, China's TCC to target gas, chemical, fertilizer projects throughout Asia
BEIJING — Black & Veatch and China Tianchen Engineering Corporation (TCC) have announced efforts to jointly market and pursue gas, chemical and fertilizer infrastructure projects.
The companies will cooperate in developing engineering, procurement and construction (EPC) opportunities throughout Asia including Indonesia, Thailand, Vietnam, Singapore, Myanmar, Bangladesh, Pakistan, Kazakhstan and Tajikistan. On select pursuits, TCC will also explore obtaining financing for the project.
The non-exclusive partnership will explore opportunities in areas including natural gas processing, urea and other chemical processing, sulfur recovery units (SRU), and Syngas and Fischer Tropsch technologies. The partnership is subject to renewal after 24 months.
TCC is a Chinese EPC contractor of record in the chemical, energy and oil & gas industry. It has been operating for more than 60 yr in more than 30 countries, and was China’s first chemical (engineering) design institute.
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.
The New LNG Imperative
The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
November 29, 2017 10am CST
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