Page 14 - AsianOil Week 15 2021

AsianOil NEWS IN BRIEF AsianOil

ASIA-PACIFIC Japan is leading the charge in gas hydrate Dehydrogenation (PDH) technology to
development. In the past two decades, the convert propane into propylene for JS Energy’s
GlobalData: Commercial country has conducted several studies at the planned PDH project in Pakistan, which is
Nankai Trough hydrate site in the Northern
expected to be commissioned in 2024.
gas hydrate development to Pacific Ocean, incurring mixed results. to revolutionize the PDH industry through
Launched in 2019, K-PRO is positioned
Ravindra Puranik, Oil & Gas Analyst
remain limited at GlobalData, comments: “Japan has its innovative and compact design resulting
collaborated with the US Geological Survey to
in inherently lower capital cost. Other key
Gas hydrate is likely to remain underexplored potentially extract methane from gas hydrate advantages are that unlike conventional PDH
due to the emergence of commercially deposits at the Prudhoe Bay unit in the Alaska technologies, K-PRO’s proprietary catalyst
viable alternatives, especially renewables. North Slope. The country intends to transfer does not include expensive precious metals
The hydrate molecule is highly sensitive the learnings from this test to the Nankai and pollutants, thereby delivering tangible
to temperature and pressure variations, Trough to facilitate commercial extraction of environmental and operating cost benefits.
which makes gas hydrate extraction a very methane from hydrates by fiscal 2027-28. “We are excited to announce that JS
challenging endeavor, says GlobalData, a “China and India are also investing in Energy’s K-PRO project is progressing further
leading data and analytics company. gas hydrates research. The extraction of to meet increasing propylene derivatives
Various countries around the word gas hydrates would enable these two coal- demand,” said Doug Kelly, KBR President,
have undertaken research programs for the dependent economies in reducing their Technology. “KBR offers various sustainable
exploration and potential recovery of gas carbon footprint.” technologies that are energy efficient and
hydrates over different timeframes. While GLOBALDATA, April 15, 2021 environmentally friendly. K-PRO is based on
some countries such as Japan were able to an innovative catalyst that does not contain
obtain some outcome from their experiments, costly precious metals or environmentally-
others such as Norway, were not as successful. SOUTH ASIA sensitive chromium and is a continuous
The inconsistency in test results and lack of process with efficient energy integration, heat
sufficient evidence over the presence of gas KBR signs license recovery and high conversion.”
hydrates has discouraged some countries KBR, April 13, 2021
to pursue further exploration. On the other agreement for propane
hand, geological challenges and technological
glitches have hindered the progress of those dehydrogenation project SOUTHEAST ASIA
countries that are eager to develop gas
hydrates. KBR announced that it has signed a MedcoEnergi announces
According to GlobalData’s latest report, license agreement with JS Energy Limited
‘Gas Hydrates – Thematic Research’, for its proprietary K-PRO™ Propane strategic alliance with

Kansai Electric Power

PT Medco Energi Internasional is pleased to
announce the completion of the transaction
to form a strategic alliance between Medco
Power Indonesia and Kansai Electric Power.
Through the alliance, Medco Power and
Kansai Electric will work together under a
jointly owned platform to develop and operate
existing and new gas-fired power plants and
expand their operation and maintenance
business in Indonesia. The alliance brings
together Kansai Electric’s global technical
expertise with Medco Power’s experience in
developing and operating power plants in
Indonesia.
Hilmi Panigoro, the President Director of
MedcoEnergi, said, “We are delighted to enter
this strategic alliance with Kansai Electric and
look forward to growing our power business
together”.
Eka Satria, President Director of Medco
Power said “The alliance with Kansai Electric
will further strengthen our capabilities and
allow us to continue developing our Gas IPP
and O&M businesses in Indonesia, through
the application of advanced technology and
best international practices”.
MEDCOENERGI, April 9, 2021

P14 www. NEWSBASE .com Week 15 15•April•2021