Hydrogen facilty for ConocoPhillips
Air Products will build, own and operate a new hydrogen facility in Lake Charles, Louisiana, with a capacity in excess of 100 million standard cubic feet per day (MMSCFD), to serve ConocoPhillips' growing requirements.
In Amenas gas project
BP PLC (BP) and Algeria's state-run oil and natural gas concern Sonatrach will begin
development of the huge In Amenas gas fields in SE Algeria in early 2003.
Welding joint venture to be formed in China
The Kobe Steel Group, Matsushita Industrial Equipment Co. Ltd and China's Tangshan Kaiyuan Electric Co. Ltd. are to establish a joint venture in China to manufacture and market welding materials.
Natural gas field found in Indonesia
Government-affiliated oil exploration company INPEX Corp. has discovered a massive natural-gas field off Indonesia.
Posco to build first local LNG terminal
Posco Co. will build a LNG (liquefied natural gas) terminal in Gwangyang, becoming the first local private company to construct such a facility.