Welcome! Houston-based Zeus Development Corp is a 20-year-old research firm that offers comprehensive market intelligence in four areas: 1) LNG world trade, 2) LNG fuels, 3) upstream gas fields, and 4) gasification. This website provides current news, reports, statistics and forecasts of infrastructure investment, costs, prices, project and gas-field profiles, competitor experience lists, among other information.
At about 5:30 a.m. on Tuesday, May 7, the operator of a truck towing two Termogas tandem trailers lost control and hit a center divider on an eight-lane highway between Pachuca and Mexico City in the suburb of Ecatepec. One of the trailers flew into an adjacent neighborhood and exploded (see photo), killing 22 people and injuring three dozen.
Within hours, three major wire services, Associated Press, Reuters and United Press International, issued reports that a "gas tanker truck exploded." Soon, major media services, including Dow Jones, Fox News, National Public Radio, The News Hour, and The Washington Post were reporting that a "natural gas" tanker truck had exploded....Full Article
Much like in China, gasification development in India is on the rise, with some of the country’s biggest projects to date now under development. Whereas India has abundant resources of coal, its resources of natural gas and oil are becoming increasingly scarce. The country has had to supplement natural gas supplies with an increasing flow of expensive imports in an attempt to satisfy demand. As a result, the country has progressively looked to the gasification of undervalued hydrocarbons such as coal and petroleum coke for the production of syngas, methanol, fuels, direct-reduced iron (DRI) and power as a petroleum replacement...Full Article
Despite a growing shale gale, we are seeing continued momentum to develop conventional gas reserves in three regions: Western Australia, the Eastern Mediterranean, and offshore East Africa. Chevron has just unveiled its 15th conventional gas discovery since mid-2009 offshore Western Australia. The company is working to expand the annual capacity of its Gorgon project beyond the initial 15.6 million tonnes. Likewise, BHP Billiton is adding conventional discoveries to its reserves in Western Australia’s Carnarvon Basin, opening follow-up opportunities for possible combinations with Scarborough and/or Browse LNG projects.....Full Article
Developers of 44% of the 108 developmental import terminals tracked by Zeus aim to use floating regas ships instead of conventional onshore terminals. Most of the regas ships are newbuilds, not retrofits. They are planned for operation in Latin America, the Caribbean, Asia, the Middle East and Europe. Read more and enlarge chart...