MG POWER ASIA IS ONE OF MEMBER GROUP OF:
MACH GLOBAL POWER INTERNATIONAL
PETROCHEMICAL, OIL, GAS & UREA Division
The LNG and LPG carrier vessels
Major Activities in Petroleum Products
As an affiliated company of Mach Global Power International Trading, MG Power Oil & Gas Division has been engaged in the energy business mainly focused on petroleum fuel which includes EN590, LNG, LPG, Petroleum Cokes, Crude Oil, and other oil and gas derivatives and urea in JV Partnership with Kazakhstan Government owned Oil & Gas Refinery and with other oil and gas major refineries-suppliers, utilizing the global network and accumulated know-how established by Mach Global Power Group of Companies for over +40 years, a major global financial - investment and trading company that has several offshore offices in worldwide countries and several subsidiaries and affiliated companies.
LNG/natural gas and Crude Oil and other oil and gas derivatives are one of the core businesses of the Diamond Energy Business Division collaborating with MG Power International. Due to the increasing need for environmentally friendly energy, demand for LNG/natural gas (a clean energy source with low greenhouse gas emissions) is increasing worldwide. We expect that the LNG/natural gas industry will continue to play a major role in the global energy sector, and grow on a long-term basis.
Since participating in the sourcing of LNG and crude oil, EN590, gasoline, Light Cycle Oil (LCO), and other oil and gas derivatives in the 2019s, we have become widely involved across the entire LNG, crude oil Light Cycle Oil value chain, from LNG supply and other oil and gas derivatives, including urea, and fertilizer to transportation and marketing. We are participating in LNG and crude oil supply joint-venture with Kazakhstan GOVERNMENT OWNED oil refinery supplies to our customers throughout the world, particularly, with the Mainland China buyers, The Philippines, and other ASEAN MARKETS, the U.S and European countries.
In addition to LNG, we are also working on the supply of oil and gas-based and other oil and gas derivatives in ASEAN countries and Mainland China Regions. In the U.S.A. and Europe, we have operations as well in this region,
We are also engaged in activities in the coal trading business from global coal trading/marketing to importing for the Mainland China market and other markets to stabilize energy security, and we will constantly endeavor to enhance our trading activities to meet various customer needs.
UREA FERTILIZER
Urea Fertilizer
Urea, also known as carbamide, is an organic compound with chemical formula CO(NH2)2. It is a colorless, odorless solid, highly soluble in water, and practically non-toxic. Dissolved in water, it is neither acidic nor alkaline. introduction and scientific invention of Urea is identified as a life changing event in the history of agriculture. Urea N46% is the world’s most common nitrogen fertilizer and has been used uniformly in all the agricultural lands of the world.
Never before this, agriculture had seen such booming heights in production as well as prosperity. Urea is neutral in pH and can adapt to almost all kinds of soils. It is a waste product formed naturally by metabolizing protein in humans as well as other mammals, amphibians and some fish. Urea is widely used in the agricultural sector both as a fertilizer and animal feed additive.
The last decade has seen urea (carbamide) as a superb replacement to ammonium nitrate and has unleashed new unsurpassed production records. The white, crystalline solid comprises of a proportionate compound mixture of more than one nutrient and contains 46% nitrogen. Farmers have identified this chemical fertilizer as a great ladder to huge success in agro revolution. The nutrient composition rendered by urea enhances the productivity of the soil and enriches its nutrient constituency.
Providing each plant with relevant elements needed, urea sustains plant life.More than 90% of world industrial production of urea is destined for use as a nitrogen-release fertilizer. Urea has the highest nitrogen content of all solid nitrogenous fertilizers in common use. Therefore, it has the lowest transportation costs per unit of nitrogen nutrient. Urea fertilizers rapidly transform to the ammonium form in soils.
Worldwide, urea N46% is one of the most widely used dry granular sources of nitrogen. It is preferred by the fertilizer manufacturing industry since it is relatively easy to manufacture. Urea also has a high nitrogen content (46%), in comparison to other popular nitrogen sources (i.e. ammonium nitrate). On a ton for ton basis, urea contains 35% more nitrogen than ammonium nitrate. This has implications on the storage and transport of nitrogen fertilizer products. Urea is considered a relatively stable product to store and transport, and it is for this reason that the transportation of urea is considered very cost effective in comparison to its most common alternative, ammonium nitrate.
Advantages of Urea Fertilizer
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Superior Nitrogen content
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Low production cost, as source is natural
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Non-flammable and risk-free storage
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Wide application range, for all types of crops and soils
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Neutral pH and harmless to crops and soil
In 2022, the potential supply of urea fertilizers is expected to reach 197 million metric tons. Increasing crop prices lead to increased fertilizer demands and has been especially noted in recent years in South Asia. Favorable weather also increases demand for fertilizers in major agricultural regions.
MG POWER ASIA OIL & GAS
SUBIC BAY PORT, ANGELES & CLARK CITY, PHILIPPINE OFFICES
Manoel B. Banawa,
Director & CEO
DANILO M. ABAD (Retired Captain) Marketing Director, Operations & Logistics
MG POWER ASIA OIL & GAS
SUBIC BAY PORT, Above-air photograph
MG POWER ASIA OIL & GAS
SUBIC BAY PORT, Storage Tank
Pictured: As shown CEO Manoel Banawa ocular inspection of
oil storage in Subic Bay Port (Former American Naval Base),
The Philippines conducted in May 2021
Subic Bay Port (Former American Naval Base), History
Naval Base Subic Bay was a major ship-repair, supply, and rest and recreation facility of the Spanish Navy and subsequently the United States Navy located in Zambales, Philippines. The base was 262 square miles, about the size of Singapore.[1] The Navy Exchange had the largest volume of sales of any exchange in the world, and the Naval Supply Depot handled the largest volume of fuel oil of any navy facility in the world.[2] The naval base was the largest overseas military installation of the United States Armed Forces, after Clark Air Base in Angeles City was closed in 1991.[3] Following its closure in 1992, it was transformed into the Subic Bay Freeport Zone by the Philippine government.
Pictured: Manoel Banawa, CEO - Director of MG Power - Diamond Group of Companies Oil & Gas Division visit to Subic Bay Port Oil Depot and as shown in the background
is the oil tanker.