PetroChina Xinjiang Oilfield to Track Thousands of Oil Pipes with Xerafy's Solutions

Xerafy’s RFID Oil Pipe Tracking Solution at PetroChina’s Xinjiang Oilfield (Source: Xerafy)

China's second-largest oil producer aims to improve safety, efficiency with Xerafy's RFID pipeline tracking solutions.

SINGAPORE, SINGAPORE, July 11, 2018 /EINPresswire.com/ — Xerafy, the global leader transforming industries and lives through innovation and data, has announced that PetroChina, China's second largest oil and gas producer, will use its rugged RFID tags to track oil pipe assets at its Xinjiang Oilfield.

The project will start the deployment with 4,000 Xerafy Dot Wedge RFID tags on oil pipelines at Xinjiang and will use up to 100,000 tags per year over the next five years to improve the pipeline asset and lifecycle management, reduce costs and non-productive time in critical processes as well as risks related to pipeline failures.

PetroChina is a subsidiary of the state-owned China National Petroleum Corporation (CNPC) headquartered in Beijing. It is China's second biggest oil producer, and one of the most profitable companies in all of Asia. The oilfield in Xinjiang is the largest one in western China, mainly engaging in the exploration, development, gathering transportation and sales of oil and gas resources in the Junggar Basin and its surrounding basins.

With the advanced use of RFID technology, PetroChina can ensure their operations are less likely to be disrupted by delays or an unexpected failure while also improving oilfield safety and compliance. The automated tracking and real-time data also help PetroChina manage the correct pipe tally and integrity in a drill string, and enables them to better govern their maintenance and inspection processes.

The Xerafy Dot Wedge tags were developed specifically to withstand the harsh conditions present in oil and gas industry deployments. The UHF tags have a read range up to 1 meter (3.3 ft.) embedded in metal, and are IP68-rated against dirt and fluids. The tags were designed to withstand extreme heat and cold, as well as exposure to drilling fluids and hydraulic fluids. The Dot Wedge tags are also UV-resistant and can survive immersion in sea water.

"RFID provides significant improvements over the traditional paper-based practice which is time consuming and error-prone," said Mr. Zhang, General Manager of Zhongshi Bangli Petroleum Technology Company, the partner company that is deploying the solution. "Fast and accurate tracking is critical for ensuring operational efficiency and timely maintenance, and Xerafy’s RFID solution delivers."

"There is a lot of activity on a daily basis to track and maintain the pipe assets, and there is an increasing need and urgency for better tracking and real time traceability," said Dennis Khoo, Xerafy founder and CEO. "Xerafy is committed to connecting industries such as PetroChina, and offering tailored RFID tag solutions to help their Xinjiang facility achieve traceability for their assets and operations."

About PetroChina:
PetroChina Company Limited (“PetroChina”) is the largest oil and gas producer and distributor, playing a dominant role in the oil and gas industry in China. It is not only one of the companies with the biggest sales revenue in China, but also one of the largest oil companies in the world. www.petrochina.com.cn/ptr/index.shtml

About Xerafy:
Xerafy enables real-time traceability and asset management in Healthcare, Oil & Gas and Manufacturing. We lead in RFID innovations for demanding environments and redefine the market expectations for durable and reliable performance. Xerafy is headquartered in Singapore with offices in the U.S., U.K. and China.

Michel Gillmann
Xerafy
2148002339
email us here


Source: EIN Presswire

Burisma Group made Ukraine’s TOP 20 Most Successful Investors List

Burisma Group made Ukraine’s TOP 20 Most Successful Investors List

Burisma Group made Ukraine’s TOP 20 Most Successful Investors List

The magazine “Vlast deneg” published the list of Ukraine’s most successful investors. Burisma Group made it as the company with most effective projects

We are proud that the Group has not only made the list of TOP 20 companies successfully investing in Ukraine, but it was the only company from the oil & gas industry ”

— Vadym Pozharskyi, Adviser to the Board of Directors at Burisma Group

KYIV, UKRAINE, UKRAINE, July 11, 2018 /EINPresswire.com/ — The magazine “Vlast deneg” (Power of Money) published the list of Ukraine’s most successful investors. Burisma Group made it as the company with most effective projects.

“Assessing the success, we took into account the amount of income, taxes and fees paid for the past two years, companies’ leading positions in relevant sectors, as well as their impact on the socio-economic situation in the country,” says the editorial. – We wanted the ranking to represent a wide geography of companies and, if possible, a wide range of industries, as our goal was to put together the list of top 20 companies with growing influence on the Ukrainian economy. “

“We are proud that the Group has not only made the list of TOP 20 companies successfully investing in Ukraine, but it was the only company from the oil & gas industry. We at Burisma attribute this success to the immense work carried out over the past two years, following the Board of Directors decision to adopt an ambitious program called the “Billion Strategy”. It involves investing more than UAH 1 billion in drilling, tax payments to budgets of all levels in the amount of more than UAH 5 billion and natural gas production of over 1 billion cubic meters, ” noted the Adviser to the Board of Directors at Burisma Group Vadym Pozharskyi.

To date, the Group plays a vital part in the socio-economic development of local communities. This year, decentralization of rent has allowed local budgets to receive 5% of rent for oil & gas production. In 2018, Kharkiv region alone will receive UAH 465 million, and by 2020 the annual income will amount to UAH 570 million.

With support from local communities, this allows the Group to consistently invest in change, building roads, repairing schools and hospitals, as well as to strive for energy independence both at state and local levels.

For more detailed information please contact our press-center: media@burisma.com

Burisma Group
Burisma Group
0 800 212 996
email us here

Burisma Group made Ukraine’s TOP 20 Most Successful Investors List


Source: EIN Presswire

Stenomask could have saved Scott Pruitt his job and American taxpayers $43,000.00!

Industry best noise cancelling, speech recognition microphone

Pocket sized sound-booth

NEW YORK, NEW YORK, USA, July 11, 2018 /EINPresswire.com/ — Yes, that’s right, Environmental Protection Agency Chief Scott Pruitt spent $43,000 taxpayer dollars on a private sound booth for his office, complete with silenced ventilation and "noise-lock" paneling to keep conversations from being overheard. Subsequently he lost his job. Had he only known about Stenomask.

Stenomask works precisely the same way as the world’s premiere sound booths except in pocket-sized form and at a fraction of the price. Stenomask guarantees absolute voice privacy and a crystal-clear sound signal while simultaneously eliminating all background noise. It includes silenced ventilation and noise lock paneling identical to Mr. Pruitt's full sized booth and is compatible with all modern devices including computers, smartphones and tablets. Wherever there is a microphone input, you can use Stenomask.

Don’t be a Pruitt, save yourself a bundle, keep your job and talk privately anywhere you want.

For more information visit talktech.com

D Webb
Talk Technologies
888 811 9944
email us here


Source: EIN Presswire

Louisiana Mesothelioma Victims Center Now Urges Oil Refinery Workers with Mesothelioma in Louisiana to Call About Getting an "Attorney Upgrade" For a Much Better Client Financial Settlement Result

Mesothelioma compensation claims for oil refinery or oil production workers can frequently exceed one million dollars provided the diagnosed person has the nation's most skilled mesothelioma attorneys”

— Louisiana Mesothelioma Victims Center

NEW YORK, NEW YORK, USA, July 11, 2018 /EINPresswire.com/ — The Louisiana Mesothelioma Victims Center says, "We specialize in assisting oil refinery or power plant workers who have been diagnosed with mesothelioma receive the very best financial compensation. We are advocates for people with mesothelioma and the attorneys we suggest are some of the nation's leading lawyers for financial compensation for this asbestos exposure cancer. As we would like to explain anytime at 800-714-0303 the attorneys we suggest do not get paid unless there has been a financial compensation settlement. http://Louisiana.MesotheliomaVictimsCenter.com

Up until recently, there had not been an oil refinery built in the US for roughly 30 years. Existing older plants possibly still have asbestos at the refinery. Prior to 1980, many oil refinery workers would have been exposed to asbestos constantly-especially if they were a plumber, electrician, fitter, insulator, or part of a maintenance or construction crew.

The group says, "If we had just one vital compensation tip for an oil refinery or oil/gas production worker with mesothelioma in Louisiana it would be this: call us at 800-714-0303 and take us up on our offer to upgrade you to one of the nation's most skilled and capable mesothelioma attorneys. These incredibly experienced mesothelioma attorneys will produce a much better compensation settlement result for you or your family member as we would like to discuss." http://Louisiana.MesotheliomaVictimsCenter.Com

"Mesothelioma compensation claims for oil refinery or oil production workers can frequently exceed one million dollars provided the diagnosed person has the nation's most skilled mesothelioma attorneys working on their financial compensation claim. If you have mesothelioma in Louisiana please call us anytime at 800-714-0303.” http://Louisiana.MesotheliomaVictimsCenter.Com

Top Locations for oil refineries in Louisiana include:

* Baton Rouge
* Chalmette
* Lake Charles
* Garyville
* Shreveport
* Convent
* Belle Chasse
* Meraux

For more information about recent construction of oil refineries in the US, please refer to the US Energy Information Administration's website: https://www.eia.gov/tools/faqs/faq.cfm?id=29&t=6

The Louisiana Mesothelioma Victims Center wants to emphasize there is a statewide initiative available to a diagnosed victim anywhere in Louisiana including communities such as New Orleans, Baton Rouge, Shreveport, Lafayette, Lake Charles, Kenner, Bossier City, Monroe.

When it comes to treatment options for mesothelioma in Louisiana the Louisiana Mesothelioma Victims Center strongly encourages diagnosed victims to contact the following cancer treatment centers in Louisiana, and in Texas. Note: The MD Anderson Cancer Center in Houston, Texas may be one of the most capable mesothelioma treatment centers in the world: Oshner Cancer Institute New Orleans; http://www.louisianacancercenter.org/research/partners/ochsner/, The MD Anderson Cancer Center Houston, Texas: https://www.mdanderson.org/

High-risk work groups for exposure to asbestos in Louisiana include Veterans of the US Navy, power plant workers, shipyard workers, oil refinery workers, chemical plant workers, public utility workers, factory workers, plumbers, electricians, insulators, auto mechanics, machinists, and construction workers. Typically, the exposure to asbestos occurred in the 1950’s, 1960’s, 1970’s, or 1980’s. http://Louisiana.MesotheliomaVictimsCenter.Com

The states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon.

For more information about mesothelioma please refer to the National Institutes of Health’s web site related to this rare form of cancer: https://www.cancer.gov/types/mesothelioma.

Michael Thomas
Louisiana Mesothelioma Victims Center
800-714-0303
email us here


Source: EIN Presswire

Rampart Products Introduces RamPEEK

A new polymer blend specific to a Rampart Products’ specification

HOUSTON, TX, UNITED STATES, July 10, 2018 /EINPresswire.com/ — Rampart Products is an up and coming player in the HPHT injection molded connector market, proving to be a disruption that has industry people taking notice. While competing in a space that has long been dominated by two manufacturers, they have shown to continually innovate and not be satisfied with the status quo.

The latest example of innovation from Rampart Products is their effort to find a material solution for a molding challenge faced with the new HPHT Rotatable recently released for production. Rampart’s engineers worked closely with the engineers at Victrex to use available materials blended in a manner not considered previously.

The result is a new polymer blend specific to a Rampart Products’ specification, which has since been named RamPEEK™.

RamPEEK™ has a combination of mechanical and physical properties that are superior for molding electrical connectors. The material has equal strength, yet is 2X easier to mold; perfect for slender connectors or tightly packed multi-conductor connectors with a similar cost.

Contact Rampart Products today to learn more about RamPEEK™ and how to purchase the HPHT Rotatable connector: info@RampartProducts.com

Rampart Products is a manufacturer of injection molded products, specializing in the processing of materials in the PEEK family. Rampart’s expertise is creating a HPHT electrical connector with a hermetically sealed interface. This process knowledge has allowed for rapid innovation and manufacturing efficiencies leveraged to better serve the end user.

Victrex has more than 35 years of knowledge in developing and applying novel PEEK polymer based solutions. Full traceability, testing beyond standards and more than 50 quality tests per batch enable performance in the harshest operating conditions.

Sean Carter
Rampart Products
512-925-4745
email us here


Source: EIN Presswire

Infrastructure Financing, Renewable Energy, and Offshore Wind Projects to be discussed at Benelux Infrastructure Forum

Benelux Infrastructure Forum 2018

Benelux Infrastructure Forum 2018

SMi Reports: 6 key reasons to attend this year’s 17th annual Benelux Infrastructure Forum are released.

LONDON, WATERLOO, UNITED KINGDOM, July 10, 2018 /EINPresswire.com/ — SMi has released six key reasons to attend the industry-leading event for the Benelux region; Benelux Infrastructure Forum, with the 17th annual event taking place on the 21st and 22nd November in Amsterdam, Netherlands.

This year’s forum will provide attendees with in-depth discussions on financing mechanisms for infrastructure and renewable energy projects, such as green bond financing, PPP and institutional investors, as well as updates on the latest renewable energy projects in the region, particularly offshore wind farms.

1. Gain insightful knowledge from an unparalleled speaker line-up including Marguerite Fund, ABN AMRO Bank N.V, Orsted, Norddeutsche Landesbank Girozentrale London Branch, DG Economic & Financial Affairs, Meewind, Allianz Global Investors, Allen & Overy LLP, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, European Investment Bank, AG Insurance, Macquarie Capital, NN Investment Partners, Simmons & Simmons, Offshore Wind Consultants Limited, DIF and more.

2. Hear key updates during the two-day forum on:

DAY ONE: Value enhancement and financing of offshore wind projects, exploring novel EU financing options for infrastructure projects in the Benelux region, financing small and medium sized energy projects, and exploring senior infrastructure debt for social infrastructure projects.

DAY TWO: Managing PPP financing regulations with EU and non-EU investors, intercreditor issues in the financing of PPP projects, infrastructure and green energy projects, growing potential and trends for infrastructure investments, green energy projects: the markbygden wind farm, offshore wind risk management, and financing the ijmuiden for the next 100 years.

3. Discuss the challenges associated with and solutions to infrastructure, and the move towards renewables by participating in panel debates, discussions and idea exchanges over the course of 2 days:

The Way Forward for Renewable Energy in the Benelux Region hosted by…
• Lisa McDermott, Executive Director, ABN AMRO Bank N.V
• Bruno Erbel, Investment Director, Marguerite Fund
• Marie de Graaf, Head of Investor Relations, Orsted
• Jorn Leeuwendal, Director, Structured Finance Europe – Energy Origination, Norddeutsche Landesbank Girozentrale (London Branch)

PPP as the Main Solution to Infrastructure Financing hosted by…
• Benoit Theys, Head of Infrastructure Debt, AG Insurance
• Francois Yves Gaudeul, Director, Infrastructure Debt, Allianz Global Investors
• Mathias Pahlke, Head of Infrastructure, Norddeutsche Landesbank Girozentrale London Branch

Increasing Performance, Managing Risks, and Lowering Costs hosted by…
• Alessandro Izzo, Head of Division, Project Finance Western Europe, European Investment Bank
• Andrew Petry, Partner, Simmons & Simmons
• John MacAskill, Director, Offshore Wind Consultants Limited
• Willem Jansonius, Partner, DIF

4. Hear in-depth case studies addressing the critical issues renewable energy projects face:

“Supporting Green Energy Transition in the Benelux Region” presented by Marie de Graaf, Head of Investor Relations, Orsted

5. Save £100 by booking before 28th September. Book online or contact Andrew Gibbons on +44 (0) 207 827 6156 or email agibbons@smi-online.co.uk.

6. The latest confirmed attendees include Bayerische Landesbank, DEME, NWB Bank, DLA Piper, ALTIUS, KBC, NWB Bank, Arup, Lydian CVBA, DIF, Deka Bank, John Laing Investments Limited, SMBC Europe Ltd Amsterdam Branch and many more.

More information can be found on the website, where the latest brochure and other exclusive content including the past attendees list, is available to download. You can also register your place and receive a discount of £100 if you book by September 28th at http://www.beneluxconf.com/einpr

Benelux Infrastructure Forum
21st – 22nd November 2018
Apollo Hotel Amsterdam, Amsterdam, Netherlands
Sponsored by Allen & Overy

For sponsorship and delegate enquiries, please contact Andrew Gibbons on +44 (0) 207 827 6156 or agibbons@smi-online.co.uk

About SMi Group: Established since 1993, the SMi Group is a global event-production company that specializes in Business-to-Business Conferences, Workshops, Masterclasses and online Communities. We create and deliver events in the Defence, Security, Energy, Utilities, Finance and Pharmaceutical industries. We pride ourselves on having access to the world’s most forward-thinking opinion leaders and visionaries, allowing us to bring our communities together to Learn, Engage, Share and Network. More information can be found at http://www.smi-online.co.uk

Maria Mandic
SMi Group
+44 (0) 207 827 6124
email us here


Source: EIN Presswire

Sahara Group Canvasses Investments in Emerging Markets at Europlace Forum in Paris

Sahara Group at Europlace Forum 2018

Tonye Cole will join experts from global markets to deliberate on harnessing unfolding opportunities at the Paris Europlace International Financial Forum.

Emerging markets were witnessing progressive steps towards meeting widely accepted pre-conditions for attracting investments.”

— Tonye Cole, Executive Director & Co-Founder, Sahara Group

PARIS, PARIS, FRANCE, July 10, 2018 /EINPresswire.com/ — Tonye Cole, Executive Director of energy conglomerate, Sahara Group will join experts from various global markets to deliberate on harnessing unfolding opportunities in emerging markets at the 2018 Paris Europlace International Financial Forum on July 11, 2018.

Billed as one of the largest C-level financial services events in the EU, the forum will take place at the historic Pavillion d’Armenoville. Over 1,500 representatives of Corporates, international investors, financial institutions, brokers, law firms and consultants will deliberate on the theme, “Europe in a Disruptive World”, including some sessions on how best to navigate, grow and diversify Emerging Capital Markets in a highly dynamic environment.

Cole will deliver the keynote address at the session on Emerging Disruptive Markets: Driving Innovation & Change.

The frontline African entrepreneur said emerging markets were witnessing progressive steps towards meeting widely accepted pre-conditions for attracting investments. These include macroeconomic stability, transparency, diverse investment opportunities, reliable banking systems, a robust institutional framework, investor protection as well as adequate Regulation and Supervision.

He noted that investments in emerging markets at this time would strengthen and accelerate the establishment of these pre-conditions while opening a world of opportunities for good return on investments, economic empowerment and sustainable development.
“International expansion has been crucial to Sahara’s growth strategy over the past two decades. We fully understand the terrain and believe this is the right time for emerging markets to get a definitive look in from institutional and sundry investors to establish first-mover strong footholds on unfolding opportunities,” said Cole, while highlighting possible focus areas for EU investors ahead of the event.

With 2.5 billion people in developing countries deprived of access to formal financial services and more than 200 million small businesses lacking access to the financing, they need to grow, expanding access to finance remains a challenge. Digital finance alone could benefit billions of people by spurring inclusive growth that adds $3.7 trillion to the GDP of emerging economies within a decade, according to a recent report by the McKinsey Global Institute.

According to Cole, financial inclusion remained a vital enabler of achieving the UN’s Sustainable Development Goals in emerging markets. He said Sahara Group was playing a leading role in the implementation of the SDGs through several initiatives and projects that support gender equality and women empowerment, promoting economic growth and jobs, supporting industry, innovation and infrastructure and reducing inequality.

“One of the Sahara Foundation’s interventions that speak to digital inclusion is the Food Africa Project. The Food Africa Project is a collaborative initiative between Sahara Group, United Nation – Sustainable Development Goals-Fund (SDG-F), Roca Brothers and the Kaduna State Government, directed at empowering youth and alleviating poverty through food security. The project provides an opportunity for indigent farmers to access loans and grants through established farmer cooperatives.”

Other key topics which will be covered during the two-day forum include recent developments and trends within the E.U. financial services sphere, coping mechanisms for new global financial challenges and disruptive finance.

Bethel Obioma
Sahara Group
+234-1-2793811
email us here


Source: EIN Presswire

Arkansas Mesothelioma Victims Center Now Urges a Construction Worker with Mesothelioma in Arkansas to Make Their Financial Compensation a Priority and To Call for Access to the Top Lawyers for Better Results

We also would like to suggest the names of some of the nation’s leading mesothelioma who produce the most significant mesothelioma compensation settlements.”

— Arkansas Mesothelioma Victims Center

NEW YORK, NEW YORK, USA, July 10, 2018 /EINPresswire.com/ — The Arkansas Mesothelioma Victims Center says, "We offer immediate and direct access to the nation's most skilled mesothelioma attorneys for a construction worker or skilled trades worker with mesothelioma in Arkansas because we want them to get the very best financial compensation results. We want a construction worker, plumber, electrician, or any type of skilled trades worker with mesothelioma or their family members to call us anytime at 800-714-0303 so we can explain how the mesothelioma financial compensation process works. We also would like to suggest the names of some of the nation’s leading mesothelioma who produce the most significant mesothelioma compensation settlements." http://Arkansas.MesotheliomaVictimsCenter.com

The types of construction workers or skilled trades workers the Arkansas Mesothelioma Victims Center specializes in assisting include:

* Carpenters
* Plumbers
* Electricians
* Insulators
* Welders
* Roofers
* Demolition Construction Workers
* Concrete/Foundation Workers
* Drywall Installers

For a list of banned products by the US Environmental Protection Agency please refer the EPA's website on this topic: https://www.epa.gov/asbestos/us-federal-bans-asbestos

The Arkansas Mesothelioma Victims Center says, "If you have been diagnosed with mesothelioma in Arkansas because of repeated exposure to asbestos at construction work sites, or you are a worker in the skilled trades please call us anytime at 800-714-0303 so we can discuss why it is so important to hire a national-caliber mesothelioma attorney who is also an extremely skilled craftsmen when it comes to designing a mesothelioma financial compensation claim. The lawyers we suggest only get paid if there is a financial compensation settlement." http://Arkansas.MesotheliomaVictimsCenter.Com

The Arkansas Mesothelioma Victims Center’s services are available to individuals throughout the state of Arkansas such as Little Rock, Fort Smith, Fayetteville, Springdale, Jonesboro, or Pine Bluff.

For the best possible mesothelioma treatment options in Arkansas the Arkansas Mesothelioma Victims Center strongly recommends the following three heath care facilities with the offer to help a diagnosed victim, or their family get to the right physicians at each hospital. Winthrop P. Rockefeller Cancer Institute Little Rock, Arkansas: http://cancer.uams.edu

Individuals with mesothelioma in the state of Arkansas could have been exposed to asbestos while serving in the US Navy or working at a power plant, at an oil or gas facility, as a plumber, a boiler technician, as an auto repairman, as an electrician, insulator, at a pulp and paper mill or at a construction job site. In most cases, the exposure to asbestos caused mesothelioma at one of these types of workplaces in the 1950s, 1960s, 1970s, or 1980s. Mesothelioma typically takes three to five decades to develop. http://Arkansas.MesotheliomaVictimsCenter.Com

The states with the highest incidence of mesothelioma include Pennsylvania, Massachusetts, Maine, New Jersey, West Virginia, Florida, Wyoming, Oregon and Washington. However, mesothelioma does happen in Arkansas as the Arkansas Mesothelioma Victims Center would like to explain anytime at 800-714-0303.

For more information about mesothelioma please refer to the National Institutes of Health’s web site related to this rare form of cancer: http://www.nlm.nih.gov/medlineplus/mesothelioma.html

Michael Thomas
Arkansas Mesothelioma Victims Center
800-714-0303
email us here


Source: EIN Presswire

Harding and Company – Oil and Gas Sector Update

Harding and Company Advisors – New York, Providing Unbiased, Independent and Objective Financial Management to Our Clients

Harding and Company Look at the Oil and Gas sectors and how they will play out over the course of the remainder of 2018.

NEW YORK, NEW YORK, UNITED STATES, July 9, 2018 /EINPresswire.com/ — Several oil majors, including Royal Dutch Shell and BP, are boosting their share of natural gas output. An international report said these two oil companies, by increasing gas production, are trimming the lead between them and ExxonMobil, the world’s largest publicly traded oil company. ExxonMobil has a current market cap of $348 bn, while Shell has market cap of $317 bn, and BP at $156 bn.

BP expects by 2020 to produce about 60 percent gas and 40 percent oil, a reversal from 2014 when it was the opposite – a pivot that many other oil companies will likely follow. ExxonMobil for its part currently produces about 55 percent oil and 45 percent gas and remains the largest natural gas producer in the US.

Shell’s acquisition of UK-based BG Group for $50 bn in 2016 boosted the share of natural gas to 50 percent of its global fossil fuels output and made it the world’s largest natural gas trader.

Steve Hill, executive vice president for gas trading at Shell said recently “we see the market growing rapidly, with gas demand growing faster than overall energy demand,” adding that “we don’t see renewables as being a threat to gas.”

A Harding and Company analyst, said in reference to gas that “in the fossil fuel area, it’s the one clear growth part of the business.”

LNG is also increasingly taking a larger share of gas trade. LNG’s share of total gas trade is forecast to rise from a third last year to almost 40 percent in 2023, with much of this increase attributed to LNG demand growth in China. According to the Paris-based International Energy Agency (IEA), Chinese demand for natural gas will rise by almost 60 percent between 2017 and 2023 to 376 billion cubic meters (bcm). This includes a rise in its LNG imports to 93 bcm by 2023 from 51 bcm in 2017.

Emerging markets in Asia, including Vietnam, the Philippines, Thailand and Pakistan, will account for about half of global LNG imports by 2023. This continued and sustained rise in LNG demand will have significant impacts on trade flows, LNG pricing structures and global gas security.
Projected gas demand

BP in its 2018 Energy Outlook projects that natural gas demand continues to grow strongly to 2040, supported by broad-based demand and the continuing expansion of LNG.

Global LNG supplies more than double over the BP outlook period, with around 40 percent of that expansion occurring over the next five years. The Outlook added that the sustained growth in global LNG supplies greatly increases the availability of gas around the world, with LNG volumes overtaking inter-regional pipeline shipments in the early 2020s.

Shell in its LNG Outlook 2018 added that global LNG markets have continued to defy expectations, growing by 29 million tonnes in 2017, more than 30 percent more than expected. Based on current demand projections, Shell sees potential for a supply shortage developing in the mid-2020s, unless new LNG production project commitments are made soon.

Moreover, since the start of the century, the number of countries importing LNG has quadrupled, while the number of countries supplying LNG has almost doubled. LNG trade increased from 100 million tonnes in 2000 to nearly 300 million tonnes in 2017.

Finally, as buyers procure more of the super-cooled fuel on the spot market and via shorter-term deals, amid a re-configuring of contract conditions and the removal of restrictive clauses such as take-or-pay and destination clauses, the fuel will increasingly trade more like a true commodity, similar to iron ore and even crude oil.

While Big Oil and global oil markets will still dominate the headlines due to geopolitical dynamics as well as still growing oil demand growth amid supply concerns (at least in the short to mid-term), gas with LNG as a large part of the equation will command more attention and increasingly move out of the shadow of oil markets – a development that many in the industry claim is long overdue.

Harding and Company’s advisors see several opportunities within this sector, most notably Rowan Companies, Plc (RDC) who have seen solid growth YTD as exploration contracts and drilling continue to be the drivers in this market.

To find out more about the Rowan Company’s opportunity or to discuss you wealth management strategy, contact and advisor today at info@handcadvisors.com or visit www.handcadvisors.com to see how you can benefit from an independent advisor that is 100% committed to your financial security, strategy and wealth management.

Jefferson Wilde
Harding and Company
+16469311975
email us here


Source: EIN Presswire

Texas Mesothelioma Victims Center Now Urges A US Navy Nuclear Submarine Veteran with Mesothelioma in Texas to Call for Direct Access to The Nation's Top Lawyers for Better Compensation Results

We are urging a US Navy Veteran in Texas or nationwide with confirmed mesothelioma to call us anytime at 800-714-0303 to make certain you are dealing with the nation's premier mesothelioma attorneys”

— Texas Mesothelioma Victims Center

NEW YORK, NEW YORK, USA, July 9, 2018 /EINPresswire.com/ — The Texas Mesothelioma Victims Center says, "A US Navy Veteran in Texas who now has mesothelioma because of asbestos exposure on a nuclear submarine should focus on receiving the best possible financial compensation which could exceed one million dollars. We are urging a person like this to call us anytime at 800-714-0303 to ensure they are talking directly to some of the nation's most skilled mesothelioma attorneys. Getting the best possible financial compensation for a Nuclear Navy Veteran with mesothelioma will require a team of some of the nation's most capable attorneys and we would like to help make the introductions." http://Texas.MesotheliomaVictimsCenter.Com

The Texas Mesothelioma Victims Center is urging a US Navy Veteran with mesothelioma who was exposed to asbestos on the following types of navy submarines to call them anytime at 800-714-0303.

* Lafayette Class Nuclear Submarine (9 boats in class)
* James Madison Nuclear Submarine (10 boats in class)
* Sturgeon Class Nuclear Submarine (37 boats in class)
* Benjamin Franklin Nuclear Submarine (12 boats in class)
* Los Angeles Class Attack Submarine (62 boats in class)
* Ohio Class Nuclear Submarine (18 boats in class)

The Texas Mesothelioma Center says, "We are urging a US Navy Veteran in Texas or nationwide with confirmed mesothelioma to call us anytime at 800-714-0303 to make certain you are dealing with the nation's premier mesothelioma attorneys, if the veterans asbestos exposure occurred on a nuclear submarine. We want to make 100% certain you receive the very best possible financial compensation results." http://Texas.MesotheliomaVictimsCenter.Com

For the best possible mesothelioma treatment options in Texas the Texas Mesothelioma Victims Center strongly recommends the following heath care facilities with the offer to help a diagnosed victim, or their family get to the right physicians at one of these hospitals: MD Anderson Cancer Center Houston Texas: https://www.mdanderson.org/, Baylor Saint Luke’s Medical Center Cancer Center Houston, Texas: https://www.bcm.edu/healthcare/care-centers/lung-institute, Dallas Methodist Hospital Dallas, Texas: http://www.methodisthealthsystem.org/lungcancer

The Texas Mesothelioma Victims Center also wants to emphasize their unsurpassed free services are available to a diagnosed victim of mesothelioma statewide including cities such as Houston, Dallas, San Antonio, Austin, El Paso, Fort Worth, Corpus Christi, Plano, Laredo, Arlington, etc. http://Texas.MesotheliomaVictimsCenter.Com

High-risk work groups for exposure to asbestos in Texas include Veterans of the US Navy, power plant workers, oil refinery workers, oil rig workers, chemical plant workers, factory workers, plumbers, electricians, auto mechanics, machinists, and construction workers. Typically, the exposure to asbestos occurred in the 1950’s, 1960’s, 1970’s, or 1980’s.

The states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon. However, because Texas is one of the nation’s largest energy producing states and mesothelioma does happen to very good people in Texas.

For more information about mesothelioma please refer to the National Institutes of Health’s web site related to this rare form of cancer: https://www.cancer.gov/types/mesothelioma

Michael Thomas
Texas Mesothelioma Victims Center
800-714-0303
email us here


Source: EIN Presswire