MOSCOW (MRC) -- GTT has received an order from the Korean shipyard Hyundai Heavy Industries (HHI) for the tank design of two LNGCs on behalf of a European shipowner, said Gasprocessingnews.
Each vessel will offer a capacity of 174,000 m3. GTT will design the tanks of the vessels, which will be fitted with the Mark III Flex membrane containment system. Deliveries of the vessels are scheduled for the fourth quarter of 2022 and the third quarter of 2023 respectively.
Philippe Berterottiere, Chairman and CEO of GTT, declared: "We are pleased with the confidence placed in us by HHI, a partner with whom GTT has developed a long-term collaboration."
As MRC informed earlier, ADNOC LNG has signed up to a six-year supply agreement with Vitol, the world’s largest independent energy trader, for the sale of 1.8 MMtpy of post-2022 LNG volumes and a two-year supply agreement with Total for 0.75 MMtpy of 2021 and 2022 LNG volumes.
As MRC informed earlier, ADNOC announced it has completed the first phase of its large-scale multi-year predictive maintenance project to maximize asset efficiency and integrity across its upstream and downstream operations.
As MRC reported previously, in early May, 2020, Abu Dhabi National Oil Company (ADNOC) began a gradual restart of its Ruwais oil refinery complex after a scheduled maintenance shutdown. The Ruwais complex, which has capacity of 835,000 barrels per day, was shut down early this year, the ADNOC spokesman said.
And in late July 2019, ADNOC said its Ruwais refinery west cracker was offline for maintenance.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,594,510 tonnes in the first nine months of 2020, up by 1% year on year. Only high density polyethylene (HDPE) shipments increased. At the same time, PP shipments to the Russian market reached 880,130 tonnes in the nine months of 2020 (calculated using the formula: production minus exports plus imports, excluding producers" inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.
MRC