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International Gas Union Sees Changing LNG Market After 2014
...stralia and Papua New Guinea LNG volumes hit the waters. Qatar’s 77.2mn t/y of production represented about 33% of the global LNG trade in 2013; however, IGU says that Australian liquefaction capacity will surpass Qatari capacity by 2017. In addition to existing capacity, the seven projects currently un...
Volume: 57Issue: 14Published at Fri, 04 Apr 2014 -
Jordan Advances Gas Strategy With Shell LNG Supply Deal
...peline plans currently stand, a 2.5mn b/d line will connect Basra oil to Haditha. A 1,000 km, 1mn b/d line will then connect Haditha to ‘Aqaba, with first oil through the pipeline expected by end of 2017 or beginning of 2018 (MEES, 28 February). Iraqi Crude Supplied To Jordan By Truck (‘000 B/D)...
Volume: 57Issue: 10Published at Fri, 07 Mar 2014 -
Egypt Eyes Iraqi Gas
...e transit of 1mn b/d of crude, whilst a parallel gas pipeline would carry 138mn cfd (MEES, 28 February). Both are slated for completion in 2017 or early 2018. Once an exporter of gas to Jordan, Syria and Israel, Egypt is now struggling to meet its domestic demand, and is forecasted to slump in...
Volume: 57Issue: 10Published at Fri, 07 Mar 2014 -
Oman Products Pipeline Plans
...ys for supply of products to distributors. The terminal and pipeline to Sohar refinery are scheduled to become operational in the first half of 2017. The pipelines will be reversible, with a computer-controlled buffering system to separate product streams. Orpic CEO Musab al-Mahruqi says: “As a mu...
Volume: 57Issue: 07Published at Fri, 14 Feb 2014 -
Iraq Hires Big Law Firm To Thwart KRG Export Plans
...t to rise to 60,000 b/d later in the year and reach a plateau of 170,000 b/d by 2017. The project was delayed amid doubts as to whether the Russian company would be allowed to remain in southern Iraq, after it farmed into three production-sharing contracts in the Kurdish region. One of the junior pa...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
UAE Plans For Long-Term Gas Imports With North American Investment
...rminal in Fujairah. This will be capable of handling 1.2bn cfd of gas from 2016 or 2017 (MEES, 15 November 2013). It already has a floating regasification unit at Jebel Ali in Dubai. “There is a logic to... diversifying the sources and to have a contribution from the US and Canada,” Mr Mazru’i says. “We...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Kurdish Oil Heads North But Not Yet To Sea
...r substantial gas resources at Miran and Bina Bawi for the Turkish market.” The GSA concluded with Ankara in November 2013, calls for an initial 4 bcm/year of gas exports starting in 2017, rising to 10 bcm/y by 2020 and the option of increasing to 20 bcm/y thereafter, Genel says. It anticipates th...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
QNB Optimistic On Qatar’s LNG Future
...troleum Exploration Company (Kufpec) – the overseas, upstream arm of Kuwait Petroleum Corporation (KPC) – has a 7% stake in the $29bn, 8.9mn t/y Chevron-led Wheatstone LNG project, set to come online in 2017 and later ramp up to 15mn t/y. QNB makes no mention of East Africa, where up to 80mn t/y – sl...
Volume: 56Issue: 49Published at Fri, 06 Dec 2013 -
US LNG To Challenge Qatar In Key Asian Markets
...A). This could mean additional competition for sales to Qatar’s key Asian customers Japan, China and India, as well as Europe from 2017, when Freeport hopes to begin exports. Of LNG importers only South Korea and Singapore currently have FTAs with the US. Freeport will be able to export a total of 1....
Volume: 56Issue: 48Published at Fri, 29 Nov 2013 -
Further Delay For Emirates LNG Import Plans
...irates LNG’s revised plans will almost certainly push completion back to 2016 or 2017. The UAE currently imports 2bn cfd of gas from Qatar via the Dolphin Energy pipeline (this could increase to up to 3.2bn cfd if Dolphin secures additional resources when it completes installation of additional pi...
Volume: 56Issue: 46Published at Fri, 15 Nov 2013 -
Regional Alliances Leave Juba In Two Minds Over Planned Oil Pipeline
...establish an exit route for their oil from 2017 – when the two countries are expected to begin producing. Kenya and Uganda were scheduled to jointly float a tender for the design of the oil pipeline at the conclusion of the Kigali meeting. Irish independent Tullow Oil recently confirmed the pr...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
ENOC Forms Saudi Road Tankers Venture With Tristar
...sed in Jubail with initial capital of SR30mn ($8mn). ENOC-Tristar will begin with a small fleet of road tankers, expanding to 500 vehicles by 2017. It will also operate petroleum and chemicals storage facilities. Burhan al-Hashimi, head of ENOC Retail, said: “ENOC has built strong industry pa...
Volume: 56Issue: 41Published at Fri, 11 Oct 2013 -
LNG: Omani State Producers Join Forces; Yemen Looks To Price Hike
...s. It runs its 10.4mn t/y LNG trains at just 84% of their production capacity – just enough to meet term contracts. Oman hopes BP’s tight gas project coming onstream in 2017 will temporarily ease the crisis. Additionally, Iranian gas import volumes of around 600-700 cfd are expected by mid-2015 (ME...
Volume: 56Issue: 36Published at Fri, 06 Sep 2013 -
Qatar Faces Challenging, Rapidly Changing, LNG Market
...mn t/y by 2020 – allowing for slippage on the 61.8mn t/y under construction due onstream by 2017. The next plant to start up comes onstream in 2015. North American shale gas production poses a long-term threat to Qatari dominance. Three US LNG projects totaling 5.6bn cfd of gas production ca...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017
... IRAN Iran-Pak Pipeline Inches Forward But Completion Unlikely Before 2017 Islamabad has suggested the near-800km Pakistani segment of the planned 750mn cfd Iran-Pakistan (IP) gas pipeline project will be completed by end-2014. But a combination of financial and po...
Volume: 56Issue: 27Published at Fri, 05 Jul 2013 -
Analysis: Changes Ahead For Gulf LNG Importers And Producers
...stream and entering the Asia-Pacific market – a whopping 61.8mn t/y under construction is due onstream by 2017, although slippage is likely – and the possibility of mainland Europe switching to a gas pricing model indexed to (currently far lower) US domestic ‘Henry Hub’ prices and/or the UK’s National Ba...
Volume: 56Issue: 24Published at Fri, 14 Jun 2013 -
Satorp Refinery Unlikely To Stem Saudi Product Imports
...location of production independent of Saudi Aramco. Significant product imports are likely to end with the start-up of a key new Red Sea refinery: the 400,000 b/d Yanbu’ Aramco Sinopec Refining Company (Yasref) plant. The IEA recently said Yasref will likely start up in 2017-18 (MEES, 17 May). Ot...
Volume: 56Issue: 23Published at Fri, 07 Jun 2013 -
QP’s Strategy As US Tilts To LNG Exports
...at the US will be exporting 40mn t/y to 60 mn t/y by around 2020. Qatar also faces challenges from Australia, which is expected to produce 86mn t/y by 2020 – allowing for slippage on the 61.8mn t/y under construction due onstream by 2017. After 2020, up to 80mn t/y of East African LNG could also st...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Dolphin Prepares For 1.2Bn CFD Gas Boost
...E sources say. Faced with importing LNG at up to $18/mn BTU, or waiting until 2017 for gas to come from development of Abu Dhabi’s Bab field, or nuclear power to start up, more Qatari pipeline gas – at the price Doha wants – looks like a good deal. Qatar does, however, have another medium-te...
Volume: 56Issue: 12Published at Fri, 22 Mar 2013 -
Oman LNG Exit May Leave Qatar As Sole Exporter
...pacity – just enough to meet term contracts. It hopes BP’s tight gas project coming on stream in 2017 will temporarily ease the crisis. Abu Dhabi could end LNG production in March 2019 when a contract expires to sell 4.7mn t/y to Japan’s Tokyo Electric Power Company (TEPCO). By then, the two 1m...
Volume: 56Issue: 10Published at Fri, 08 Mar 2013