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Golar LNG To Supply FSRU Units To Jordan, Kuwait
...th Excelerate Energy, set to expire this year. Golar will send its 170,000 cubic meter Golar Igloo to Mina al-Ahmadi port and hydrocarbons hub in 4Q13 with operations to begin in March 2014. Kuwaiti state firm KNPC will use the FSRU to import LNG nine months per year but will allow Golar a three mo...
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Bahrain LNG Import Plans
...commendations, by the end of 2013 and to award the contract in early 2014. This comes after reports earlier this year that Nogaholding, NOGA’s investment arm, was set to award a license to build a $500mn-plus 500mn cfd LNG import terminal. NOGA was negotiating a Build-Own-Operate LNG import terminal an...
Volume: 56Issue: 30Published at Fri, 26 Jul 2013 -
Oman Oil Marketing Plans Duqm Bunkering.
...ncluded sometime in 2014. Duqm, a special economic zone receiving heavy oil and gas sector investment, is located roughly halfway between Salalah and Musqat on the Arabian Sea coast. OOMCO has been serving bunker fuel needs at Oman’s Sohar Industrial Port since 2010 in partnership with Germany’s Ma...
Volume: 56Issue: 28Published at Fri, 12 Jul 2013 -
Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017
...s demand at over 12bn cfd. “It is not an issue of whether they need it or not – they do need the gas, but 2014 is not realistic,” Praveen Kumar, head of Facts Global Energy’s South Asia Oil and Gas team says tells MEES, highlighting funding – or a lack thereof – as the key factor delaying th...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
ADNOC Pushes To Own Faulty Hormuz Bypass Pipeline
...erator of most of the Emirate’s onshore fields. ADCO’s concession expires on 13 January 2014 and CNPC is one of 11 firms invited by ADNOC to bid for it. ADCO is composed of ADNOC (60%); with BP, ExxonMobil, Total and Shell holding 9.5% apiece; and Portugal’s Partex (2%). State-owned CNPC has been invited fo...
Volume: 56Issue: 22Published at Fri, 31 May 2013 -
Yemen LNG Sees Upturn In 2013 Fortunes
...creased revenues for San’a going forward; from 2014 there will be “no [price] ceiling” on sales contracts and “by 2015 most of the loans and the banks will be paid for…[LNG exports] will provide a significant portion of the state’s revenues.” Possible Expansion With Yemen having recently put 20...
Volume: 56Issue: 20Published at Fri, 17 May 2013 -
Basra-‘Aqaba 1Mn B/D Pipeline Project Advances
...fshore Single Point Mooring Buoys (SPMs) to boost southern export capacity to 6.6mn b/d will be in place by end 2014, pledged Thamir al-Ghadhban, head of the Iraqi Prime Minister’s Advisory Commission (MEES, 29 March). Two SPMs were installed by last March, but only one has been able to load at any one ti...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Shell Set For Major Fujairah Storage Lease
...veloped into a top global bunkering, storage and trade center and is of comparable importance and size to Singapore and Rotterdam. Expansion Plans It is expected to expand further: liquid fuel storage capacity is expected to double to over 10mn cu ms by the end of 2014, from nearly 5mn cu ms...
Volume: 56Issue: 14Published at Fri, 05 Apr 2013 -
ADNOC Shipping Arm Looks East For Profits
...12). Additionally, liquid hydrocarbons storage at Fujairah is expected to double to over 10mn cu ms by the end of 2014, from nearly 5mn cu ms at the end of 2012 (MEES, 1 March). Storage expansion plans include a 1.125mn cu ms facility being built by Singapore-based Concord Energy and China’s Si...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
Dolphin Prepares For 1.2Bn CFD Gas Boost
...ar with surplus production being pumped into it. It could provide 400-500mn cfd for four-five years when the next North Field development, 1.4mn cfd Barzan, starts production in 2014 – the year that Dolphin’s extra compressors are planned to start up. QP had previously expected to strip out th...
Volume: 56Issue: 12Published at Fri, 22 Mar 2013 -
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 -
Gulf Petrochem Inaugurates Fujairah Product Storage
...pass pipeline – which is currently operating at minimal capacity – will strengthen Fujairah’s role as a global energy hub. Liquid hydrocarbons storage at Fujairah is expected to double to over 10mn cu ms by the end of 2014, from nearly 5mn cu ms at the end of 2012....
Volume: 56Issue: 09Published at Fri, 01 Mar 2013 -
Turkish-Qatari Gas Talks Stall As Balkan LNG Terminal Discussed
...nstruction of a new regasification terminal. This could help Qatargas reach markets in southeast Europe after the Interconnector Turkey-Bulgaria (ITB) pipeline is commissioned in 2014. The new LNG terminal, located on the Gulf of Saros in European Turkey, close to the Greek-Turkish border, is ex...
Volume: 56Issue: 03Published at Fri, 18 Jan 2013 -
Algeria Set For LNG Capacity Hike
...ntract to import LNG equivalent to 4bcm/y of gas. The deal between Turkish state firm Botas and its Algerian compatriot Sonatrach was first inked in 1995 and had been due to expire in 2014. Yildiz also expressed a desire that ultimately volumes could be increased to 6bcm/y, an option for which is...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Qatargas Seals First Long-Term South-East Asian LNG Supply Deal
...12 to around 2.4mn tons this year, and around 4.6mn tons in 2014. Asian demand for LNG has continued to grow in recent years as countries seek more fuel for power generation. As a result, Qatar has looked to maximize its value by diverting supply originally planned for European and US ma...
Volume: 56Issue: 01Published at Fri, 04 Jan 2013 -
Baghdad Offers Guarantees For Export Pipeline Mega-Project
...ncedes it “is a very challenging schedule,” but he argues “if we get [financial completion] sometime in the first half of 2014, it will be still effective.” Given a 36-month construction project, this should see start-up in mid-2017. He declined to comment on any investment costs or fee arrangements with Jo...
Volume: 55Issue: 52Published at Fri, 21 Dec 2012 -
Cyprus-Israel-Greece Electricity, Gas Links Studied
...ll identify EU-wide gas and electricity interconnection projects that it will partly finance from its 2014-20 budgets. If the HVDC cable is included, it could secure 5-10% of its final construction cost in the form EU grants and become eligible for loans from the European Investment Ba...
Volume: 55Issue: 47Published at Fri, 16 Nov 2012 -
Qatar Faces LNG Market Challenges
...e Sabine Pass project, and the next project that is likely to go ahead probably won’t read final investment decision (FID) until 2Q13, or even 2014; putting them in the 2017-18 time frame,” Mr Flower says. But if Japan starts importing US LNG at Henry Hub prices, some feel this may re...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Iran, Pakistan Go Ahead With Pipeline Despite Finance Problems
...kistan (IP) gas pipeline. The 8.7 bcm/y capacity project, which is an extension of Iran’s IGAT-8 pipeline, was 75% completed by early June 2012, (MEES, 11 June). Completion on the Iranian side is expected by the 2Q or 3Q of 2014, and is linked to a 750mn cfd sales and purchase agreement the two sides fi...
Volume: 55Issue: 37Published at Fri, 07 Sep 2012