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India Presses Buyers’ Advantage In Oversupplied LNG Market
...% for Q4 2015. These figures are way down on 82% for 2014-15 and a whopping 89% for 2013-14 (see graph). Qatari LNG exports to India were at 10.90mn tons for the 2014-15 fiscal year (ending in March 2015), down from 11.58mn tons the year before. Qatar’s share has fallen as other suppliers su...
Volume: 59Issue: 11Published at Fri, 18 Mar 2016 -
US Production Hits Record 9.4mn B/D In February After Record 2014
...US Production Hits Record 9.4mn B/D In February After Record 2014 v 20...
Volume: 58Issue: 11Published at Fri, 13 Mar 2015 -
Mideast Gas May Move To Europe If Russia Cuts Supply
...rtfolio. “On volume, we reached a significant reduction in our Algerian contract. This has allowed us not only to avoid further take-or-pay, but even to recover 3.5 bcm of makeup gas,” Mr Alvera says. Eni’s deal with Sonatrach to cut drastically its Algerian gas volumes lasts until October 2014, Mr Al...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014 -
Kuwait LNG Plans Advance
...rk with a local partner and expects to complete its work in October 2014. Foster Wheeler previously completed a feasibility study for the terminal and helped KNPC select technology for the project and choose the terminal’s location. KNPC plans to commence LNG imports at the terminal in 2020, su...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014 -
Qatar Faces Threat From US Shale – IMF
...portantly on the ability to rapidly hire expatriate workers,” the IMF says. Real GDP growth is projected to stay around 6% in 2014, as the pickup in the public investment program is roughly offset by a modest decline in hydrocarbon output, the IMF says. Public investment is expected to keep growth ro...
Volume: 57Issue: 11Published at Fri, 14 Mar 2014 -
Bahrain LNG Terminal Decision Approaches
...rminal at a cost of more than $500mn by June. But the delayed award has pushed the expected completion date from 2014 to 2016. NOGA is negotiating a Build-Operate-Own (BOO) LNG import terminal and the group has decided to pursue a Floating Storage Regasification Unit (FSRU), MEES learns. Further delays ar...
Volume: 56Issue: 11Published at Fri, 15 Mar 2013