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Tag: Investment

Nitrogen Industry News Roundup

BASF says that its high-pressure regenerative CO2 capture technology HiPACT ® , codeveloped by BASF and engineering partner JGC Corporation will be used by INPEX, one of Japan’s largest exploration and production companies, in its Kashiwazaki Clean Hydrogen/Ammonia Project. This is Japan’s first demonstration project for the production of blue hydrogen/ammonia from domestically produced natural gas, the consistent implementation of carbon capture, utilisation and storage (CCUS) in domestic depleted gas fields and the use of hydrogen for power generation and ammonia production. The project is funded by the Japanese governmental organization New Energy and Industrial Technology Development Organization (NEDO).

Sulphur Industry News Roundup

Saudi Aramco has confirmed a phased development approach for its $100 billion-plus Jafurah unconventional onshore gas project, which is expected to produce up to 2 billion cubic feet per day of gas by 2030, raising the company’s overall gas production capacity by 50% over that time frame. Aramco says that the first development phase for the Jafurah gas plant is likely to come on stream by 2025, and it is progressing with the phased development of a project that will reach a raw gas processing capacity of 3.1 bcf/d.