Qatargas, the largest LNG producer in the world, recently loaded the 2000th LNG cargo from the Common Lean LNG Storage and Loading Asset. The Common Lean LNG storage and loading facilities are built to store LNG produced from the six mega LNG trains at Ras Laffan Industrial City (Qatargas Trains 4,
Iran-Pakistan-India gas pipeline is the most viable option for India to meet its energy demand. Despite the Foreign Office emphasizing that India was looking for an undersea route to source gas from Iran, bypassing Pakistan in the process, reliable sources maintained that the Iran -Pakistan- India (
The partners in the Tamar natural gas field have signed a contract with IPP Delek Sorek, a unit of Delek Group, to supply IPP with a total of 3.3 billion cubic meters (bcm) over a 15-year period. The deal is worth about US $ 750 million. “The supply of natural gas is expected to commence […]
United Arab Shipping Company (UASC) announced that the final option for one additional 18,000 TEU vessel has been exercised bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and
DW: Prelude to a USD 60 Billion FLNG Growth Story? Shell’s Prelude Floating Liquefied Natural Gas (FLNG) unit continues to take shape in Samsung’s Geoje shipyard in Korea following first steel cutting in late 2012. JGC Scores Malaysia LNG Contract JGC Corporation said that, as leader of a consortium
Managing Director of the National Iranian Gas Exports Company (NIGEC) Alireza Kameli has said that Iran is in talks with different countries for selling more gas. “Negotiations for Iran’s gas sale have never been halted and we are currently in talks with many countries,” he said, Iran’s SHANA news a
Yemen LNG General Manager, Jacques Azibert, and the Governor of Marib Sheikh Sultan Al-Aradah, signed in Sana’a today three agreements that will provide YR 1.4 billion in financing for 40 community development projects benefiting the people of Marib. The planned projects will be implemented during 2
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded the pre-front-end engineering design and the front-end engineering design contract by Kuwait National Petroleum Company (KNPC) for a new onshore LNG import and regasification terminal to b
Iran, India, and Oman on Friday discussed the prospects of a 1,400km-long deepwater gas pipeline starting from Iran, crossing the Sea of Oman and ending in India. Omani minister responsible for foreign affairs, Yusuf Bin Alawi Bin Abdullah met India’s External Affairs Minister Salman Khurshid on Fri
Technip said it has been awarded a contract by Total E&P Borneo B.V., covering engineering, procurement, supply, construction and commissioning (EPSCC). This project aims at the modification of the onshore facilities as well as the construction of a new onshore pipeline, in order to transport Mahara
Qatar Navigation (Milaha) posted operating revenues of QR 2.24 billion in 2013 compared with QR 2.29 billion for the same period in 2012, a decrease of 2% year on year. Highlights: Operating Profit of QR 647million vs. QR 562 million for the same period in 2012, an increase of 15% year over year. Ne
Yemen LNG plans to shut Train 1 at the Balhaf liquefaction plant in September for 10 days for maintenance. “Yemen LNG confirms that a planned shutdown of one Train (Train 1) is scheduled for September 2014 for maintenance,” the company said on Tuesday, Reuters informs. The Yemen LNG project, which c
Qatargas’ Jetty Boil-off Gas Recovery (JBOG) Project recently achieved a milestone by working 20 million man hours without a single lost time incident. The project has the added distinction of achieving zero lost time incidents spread over three years. Qatargas, which produces 42 million tonnes of L
Nakilat of Qatar, world’s biggest LNG shipper, said its net profit in the fourth quarter was 176.5 million Qatar riyals ($48.5 million), down 13 percent compared to the same period a year ago. The company posted a net profit of QR 729 million in 2013 versus QR 765.5 million in 2012, and the earnings
