China Petroleum Engineering wins $2.52 B contract for Russia gas project
BEIJING (Reuters) -- China Petroleum Engineering said a subsidiary has won a contract worth $2.52 B for the construction of a gas processing plant with Russia's NIPI gas.
The project, part of the Power of Siberia pipeline to ship gas from eastern Siberia to China, will process 42 Bcm of gas a year, the company said in a statement to the Shanghai Stock Exchange on Wednesday.
It will take eight years to build and require an estimated total investment of between $15-20 B, it added.
The Russia-China eastern pipeline is designed to deliver 38 Bcm of gas per year to China over 30 years, with the first deliveries scheduled for 2019.
Reporting by Dominique Patton; Editing by Alison Williams
Modern society would not be possible without the use of pipelines to transport natural gas, crude oil and finished products to demand centers.
Optimizing Gas Distribution: Accounting for Changeovers, Regulators, and More
Gas distribution systems are critical to the effective operation of many industrial facilities around the world. Despite the importance of these systems, however, opportunities to improve their performance and cost-effectiveness are often missed or misunderstood. Increasing changeover pressure may seem like a good way to improve system flow, for example, but it often does so at the expense of bottled gas. Adding regulators may help you control supply pressure, but it also adds cost to your system. So, how do you know what the ideal gas distribution setup is for you?
Attend this webinar to:
- Gain a basic understanding of the fluid dynamics that affect pressure control in gas distribution systems, learning to interpret flow curves and recognize phenomena like lockup, droop, and supply pressure effect (SPE)
- Learn how inlet pressure affects regulator performance and when to specify certain regulator types and configurations to effectively control gas system pressures
Understand the inherent trade-offs between gas utilization and flow capacity and how to select both the right changeover pressure and automatic changeover panel design for your operations.
May 4, 2021 10:00 AM CDT