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Coast Guard aims to reopen Mississippi river today

  • Market: Agriculture, Biofuels, Coal, Coking coal, Crude oil, Fertilizers, LPG, Metals, Natural gas, Oil products, Petrochemicals, Petroleum coke
  • 01/09/21

The US Coast Guard is finalizing plans to reopen the Mississippi river to vessel traffic today, according to shipping agents, after the river and surrounding ports closed ahead of Hurricane Ida.

Ships on the river will still face restrictions. The Coast Guard yesterday established a safety zone just upriver from New Orleans, between mile-markers 105 and 108, while it works with local utility Entergy to recover downed transmission lines. All vessels are banned from entering the area without express permission until 30 September or until salvage operations are complete.

The port of Bienville, Mississippi, and the Louisiana ports of New Orleans, Baton Rouge, Plaquemines, South Louisiana, St. Bernard and the Venice port complex, remain closed to all vessel traffic. Those ports and the river have been closed since 28 August, the day prior to the storm's landfall in Louisiana.

The ports of Mobile, Alabama; Pensacola, Florida; and Pascagoula, Mississippi, have reopened with draft restrictions of 40ft, 30ft and 42ft, respectively. Gulfport, Mississippi, has reopened to inner-harbor movements.

Shipping delays in New Orleans are expected to persist through early September, according to barge carriers.

Clean tanker booking activity has been absent from the US Gulf coast all week, as charterers have remained out of the market while the region recovers from the storm.

Disruptions to US Gulf coast refiners have boosted demand for gasoline imports into the US Atlantic coast from Europe, helping lift rates on the route. Yesterday, the UKC-US Atlantic coast medium range (MR) clean tanker rate jumped by 17pc to $17.40/metric tonne, the highest in nearly a month.


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02/04/25

Sulacid demand from Indonesian buyer muted: Correction

Sulacid demand from Indonesian buyer muted: Correction

Corrects volume in paragraph 5 to 106,000t from 160,000t London, 2 April (Argus) — Sulphuric acid demand from Indonesian battery metals producer PT QMB New Energy Materials (QMB) slowed in March and into April, with the firm carrying out plant maintenance following a landslide. Morowali Industrial Park in central Sulawesi was hit by a landslide after heavy rain on 22 March, resulting in three fatalities. QMB's high-pressure acid leaching plants are likely to be off line for a minimum of three weeks. The company was approached for comment. A large vessel line-up at Bahodopi has also curbed demand from one of Indonesia's largest acid importers. There are currently six vessels waiting to discharge at Bahodopi, carrying a combined 106,000t of acid. Some have been waiting since early March. It is unclear when the congestion will ease, given the QMB outage. Some traders are looking at diverting cargoes to destinations including India's east coast or Chile. QMB's Bahodopi sulphuric acid receipts were disrupted earlier this year after the company exhausted its import quota — this was only renewed in mid-February, for up to 600,000 t/yr. Indonesian sulphuric acid imports totalled 1.08mn t in 2024, slightly down from 2023's record 1.09mn t, with QMB receiving much of this. By Lili Minton and Deon Ngee Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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Q&A: LGE still pushing EU for RLG concessions


02/04/25
News
02/04/25

Q&A: LGE still pushing EU for RLG concessions

London, 2 April (Argus) — European LPG association Liquid Gas Europe (LGE) continues to push to secure EU and member state support for renewable liquid gases (RLG) such as bioLPG and renewable DME (rDME) while protecting customers of LPG and autogas from policies intended to transition away from fossil fuels. Argus' Dafydd ab Iago and Matt Scotland spoke to LGE general manager Ewa Abramiuk-Lete: What is the EU's latest position on CO2-neutral fuels in road transport? The European Commission's 2023 regulation proposes a framework for registering vehicles after 2035 that operate solely on CO2-neutral fuels in accordance with EU law and climate neutrality objectives. Since then, the commission has been tasked with developing a definition of what CO2-neutral fuels are, but no official information has been released yet. Meanwhile, as part of the broader fuels industry, we've collaborated in a technical group to formulate a definition that encompasses all renewable fuels in line with the EU's renewable energy directive [RED III]. The group's report frequently makes reference to renewable LPG and DME. But will the commission consider anything other than e-fuels? Certain EU commissioners and commission president Ursula von der Leyen have emphasised the need for technological neutrality when revising CO2 standards for cars. The devil is in the details. At this point, there is talk, but we've yet to see any concrete proposals or indications from the commission. We are closely monitoring the current developments in the commission, primarily to determine whether the concept of technological neutrality is being practically implemented and if there is potential for more than just e-fuels and hydrogen. But the push for this concept should originate from member states. Failing to broaden the scope would be a missed opportunity to support a broader range of cost-effective, immediately deployable renewable solutions like RLGs and rDME. When could we find out what fuels are included? A decision may come later this year. Any initiative to reopen or amend EU legislation must come from the commission. Recent intense discussions in the European Parliament about the state of the automotive sector, as well as growing pressure from member states, could be enough to persuade the commission to act. What has been the reaction to the EU's clean industrial deal and state aid rules? We are still reviewing the new state aid proposals. At first glance, RLGs seem to be included. The commission indicates that all fuels compliant with [RED III] — such as bioLPG, biomethane and rDME — are eligible for support. Fossil fuels are generally excluded, with limited exceptions for natural gas under strict conditions. The justification for this is that natural gas is deemed cleaner than more polluting alternatives — an argument that equally applies to LPG. In which direction is the EU discussion on energy taxation heading? The European Council is still finalising the energy taxation directive. The matter lies with EU member states, which must vote unanimously on energy taxation. Progress is being made slowly. The current Polish Presidency of the Council of the EU will need to determine the next steps on critical issues before a consensus can be reached. For LPG, what is at stake is whether RLGs are fairly treated under the new tax framework — and whether the directive allows for differentiation between renewable and conventional fuels, and between business and non-business uses. How will the energy performance of buildings directive (EPBD) affect LPG? A lot is quite technical, but also vital for the sector. One key issue is the inconsistent implementation of the EPBD across EU member states. Guidance documents provide definitions of what constitutes a fossil fuel boiler, which is essential as several member states are preparing to phase out such boilers between 2035 and 2040. A significant question [is whether there will be] recognition of renewable-ready or renewable-compatible boilers, particularly those using bioLPG or rDME. We are analysing how member states are interpreting and implementing these provisions. In Italy, there is strong support for the continued use of bioLPG in heating, but this level of recognition varies significantly between member states. What is the latest on the EU's proposed restrictions on PFAS ? The European Chemicals Agency is conducting a socio-economic assessment as part of the EU's proposed restriction on PFAS under Reach, covering many industrial uses. In the LPG sector, PFAS — particularly fluoropolymers such as PTFE — play a critical role in cylinders, tanks and valves. These materials are essential for preventing leaks in systems that store and transport flammable gases. Some alternatives are being tested — including PFAS-free sealing techniques used by certain companies in Spain — but they are not yet widely adopted or validated across the EU. Promising developments are being made but require further testing to meet safety standards. Your recent RLG Outlook models European RLG output reaching 27.4mn t/yr by 2050 under the policy conditions. Is that not too optimistic given limited progress in the past two years and the dissolution of rDME joint venture Dimeta? While the dissolution of Dimeta was a setback, it does not change the long-term outlook for rDME. Our 2050 modelling shows that Europe could produce up to 27.4mn t/yr of renewable LPG equivalent, of which up to 40pc could come from rDME. The industry continues to see strong potential in rDME, and essential work is progressing on technical standardisation, and safety and blending rules. Our analysis also indicates that sustainable feedstocks are sufficient to fulfil this production potential. Out of 22 production pathways, we examined nine in detail based on a multi-criteria analysis. Only two are fully commercialised at present. This is why we are advocating for co-ordinated policy action — to accelerate commercialisation and mitigate investment risks. Will rDME be a core focus at LGE's Congress in Katowice over 20-22 May? RDME will be one of many key topics at the congress. The event will take place in Poland, drawing strong participation from central and eastern European markets, as well as from further afield, with delegates expected from the US, South America, Africa, Australia and Asia. [LGE] plans to present the RLG Outlook and explore opportunities for scaling up RLG production. In addition, sessions will focus on the role of LPG in agriculture, transport and heating — all critical sectors for the energy transition. Central Europe and Poland will be a core point of discussion, given its significant autogas market and ongoing energy security challenges. We will also address the impact of Russian sanctions on the Polish LPG market, with high-level representatives from the Polish presidency and industry ministry in attendance. Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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Australia’s gas leaders hit out at market intervention


02/04/25
News
02/04/25

Australia’s gas leaders hit out at market intervention

Sydney, 2 April (Argus) — Senior figures in Australia's upstream gas sector have hit out at plans for intervention in the heavily regulated industry, as debate continues on how to best address domestic supply shortfalls later this decade. The federal Coalition in March announced National Gas Plan including a 50-100 PJ/yr (1.34bn-2.68bn m³/yr) domestic reservation system aimed at forcing the three LNG exporters based in Queensland's Gladstone to direct more supply to the eastern states' market. But oversupplying the market to drive down prices would destroy the viability of smaller gas projects, Australian independent Beach Energy's chief executive Brett Woods said at a conference in Sydney on 1 April. The domestic-focused firm, which will export some LNG volumes via its Waitsia project in 2025, warns that such a move by the Peter Dutton-led opposition would reduce export incomes while harming Australia's international reputation. The volumes impacted by the policy could reach around 900,000-1.8mn t/yr. Expropriation of developed reserves is equivalent to breaking contracts with LNG buyers and with the foreign and local investors that the country needs for ongoing economic security, Woods said on 1 April. Domestic gas reservation systems put in place by the state governments of Western Australia (WA) and Queensland, designed to keep local markets well supplied, were "clearly supportable", Woods said, but only future supply should be subject to the regulations. LNG terminals, which represent about 70pc of eastern Australia's total gas consumption and shipped 24mn t in 2024 , should not be blamed for the failure of governments to expedite new supply and plan for Australia's gas future, head of Shell Australia Cecile Wake said in response to the Coalition's proposal. Shell's QGC business supplied 15pc of its volumes to the local grid, with the remainder shipped from its 8.5mn t/yr Queensland Curtis LNG project, Wake added. Canberra has moved to promote gas use as a transition fuel to firm renewable energy in line with its 2030 emissions reduction targets, but progress has been slow as reforming laws appear to be hampering development . The state governments, particularly in gas-poor Victoria and New South Wales (NSW), must recognise the need for locally-produced supply and streamline the approvals processes, especially environmental permits, executives said. But despite pleas for an end to years of interventionist policy — including the governing Labor party's measures to cap the price of domestic gas at A$12/GJ , Australia's fractured political environment and rising cost of living has sparked largely populist responses from its leaders. A so-called "hung" parliament is likely to result from the 3 May poll , with a variety of mainly left-leaning independents representing an anti-fossil fuel agenda expected to control the balance of power in Australia's parliament. LNG debate sharpens Debate on the causes of southern Australia's gas deficit has persisted, and the ironic outcome of underinvestment in gas supply could be LNG re-imports from Gladstone to NSW, Victoria and South Australia, making fracked coal-bed methane — liquefied in Queensland and regasified — a likely higher-emissions alternative to pipeline supply. Several developers are readying for this possibility , which is considered inevitable without action to increase supply in Victoria or NSW, increase winter storages or raise north-south pipeline capacity. Australian pipeline operator APA appears to have the most to lose out of the active firms in the gas sector. APA chief executive Adam Watson this week criticised plans for imports, because relying on LNG will set the price of domestic gas at a detrimental level, raise emissions and decrease reliability of supply, Watson said. The firm is planning to increase its eastern pipeline capacity by 25pc to bring new supplies from the Bass, Surat and Beetaloo basins to market. But investment certainty is needed or Australia will risk needing to subsidise coal-fired power for longer if sufficient gas is unavailable to back up wind and solar generators with peaking power, Watson said. By Tom Major Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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Northern Australian floods squeeze cattle supply


02/04/25
News
02/04/25

Northern Australian floods squeeze cattle supply

Sydney, 2 April (Argus) — Major flooding in Australia's western Queensland caused stock losses and logistic disruptions, which could support feeder steer prices. Heavy rains of up to 500mm in the last seven days to 31 March have caused record flooding in some areas of central west and south-west Queensland, Bureau of Meteorology data show. These regions account for about a fifth of the state's cattle population or close to 1.976mn head in 2021, according to the Australia Bureau of Statistics. The Queensland Department of Primary Industries (QDPI) estimates 145,000 head of livestock are missing or dead because of the recent flooding, including 69,000 head of cattle. The QDPI predicts over 4,700km of private roads and 3,500km of fencing has been damaged, affecting paddock access and livestock mustering. The supply squeeze could support prices of feeder steers, as multiple sale yard auctions planned for early April have been cancelled because of wet weather and insufficient numbers. Sales at Charters Towers and Gracemere on 2 April were cancelled and the Blackall sale on 3 April is postponed until 10 April, according to local councils and livestock agents. The Argus Australian northern feeder steer price was at 361A¢/kg on 27 March, up by 2A¢/kg on the week, but could rise further this week as processors bid for available stock at more easterly cattle sales. The Bureau of Meteorology forecasts up to 25mm of rain on 2 April and 3 April in flood-affected regions, before declining to a 5mm maximum on 4 April, which could allow some waters to recede. But major flood warnings are still in place for rising rivers in the state's southwest, despite lower rainfall. Mustering and road freight could be delayed for six weeks in the Channel Country of far western Queensland, according to a market participant. Farmers in some flood-affected areas of Queensland can access freight subsidies of up to A$5,000 from the state government to transport livestock for restocking, which could speed up herd recovery. By Grace Dudley Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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India's IOC cuts jet fuel prices by 6pc for April


02/04/25
News
02/04/25

India's IOC cuts jet fuel prices by 6pc for April

Mumbai, 2 April (Argus) — Indian state-controlled refiner IOC has reduced jet fuel prices by 6pc effective from 1 April. IOC cut prices in Mumbai, capital New Delhi, Kolkata and Chennai by 6pc from a month earlier. Prices vary from state to state depending on local taxes. Asian jet fuel margins — or Singapore jet fuel swaps against Dubai crude values — averaged $13.04/bl in March, down from $15.23/bl in February. India's jet fuel consumption stood at 203,100 b/d in March, up by 5pc on the year, provisional data from the oil ministry show. By Roshni Devi Jet fuel prices in India Rupees/kl City Apr-25 Mar-25 m-o-m % Delhi 89,441.18 95,311.72 -6 Kolkata 91,921.00 97,588.66 -6 Mumbai 83,575.42 89,070.03 -6 Chennai 92,503.80 98,567.90 -6 Source: IOC Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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