Attack hits methanol complex

Indian renewable energy developer InSolare Energy, in consortium with SCC Infrastructure, says that it has signed Green Ammonia Purchase Agreements (GAPA) with the Solar Energy Corporation of India (SECI) for the supply of 85,000 t/a of green ammonia under India’s National Green Hydrogen Mission 13 April. The agreements, executed through two separate special purpose vehicles, involve a total estimated investment of around $400 million, InSolare said in a statement.

Saipem has been awarded a new urea license agreement by Mitsubishi Heavy Industries Ltd (MHI) for a new fertilizer plant in Turkmenistan. The contract entails the license for the use of Saipem’s proprietary Snamprogetti™ urea technology as well as related engineering services. The urea plant will have a capacity of 3,500 t/d. The new project follows the Garabogazkarbamid plant, commissioned in 2018 in Garabogaz, Turkmenistan, developed with the participation of Mitsubishi and Gap Insaat Yatirim ve Dis Ticaret AS, for which Saipem supplied the urea technology under a contract awarded in 2014 by MHI.

India’s urea industry was running at approximately half capacity after force majeure declarations disrupted LNG flows through the Strait of Hormuz amid escalating Middle East tensions, according to local press reports. Petronet LNG Ltd, which operates India’s largest liquefied natural gas receiving terminal, declared force majeure after upstream suppliers cited their inability to deliver contracted volumes amid disruptions to cargoes transiting the Strait. The move triggered supply curtailments by state-owned gas distributors GAIL (India) Ltd, Indian Oil Corporation Ltd (IOC) and Bharat Petroleum Corporation Ltd (BPCL), which supply gas under RasGas contracts to fertiliser units across the country.

Kazakhstan’s KazMunayGas (KMG) and China National Petroleum Corporation (CNPC) have commenced the development of a urea project planned for construction in the country’s Aktobe region, Interfax reported 31 March.