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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 -
LNG: Qatar’s Russian Strategy – Compete Or Collaborate?
...kyo, compared to almost 3 weeks’ from Qatar. This is scheduled for first phase completion by 2017-20. Gazprom may subsequently increase its capacity to 25mn t/y, but has not provided a specific timetable (MEES, 21 September 2012). Russia may also compete with Qatar in Europe if it goes ahead wi...
Volume: 56Issue: 07Published at Fri, 15 Feb 2013 -
Oman Plans 2013 Tender For Duqm Liquids Terminal
...bruary, an official at the Port of Duqm Company (PDC) which operates and manages the port, said the tender for the new oil terminal at the Duqm Special Economic Zone (SEZ) would be floated before the end of the year, and that they hope for it to be operational by 2017. “We are now working on the fo...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013 -
Oman Moves Forward With 200Mn Barrel Storage Hub
...e hub began last year and are now nearing completion, OTTCO project director Martijn Notten said, adding that work on the front end engineering and design (FEED) would begin only once contracts are agreed with the ministry. The terminal is set to be operational by 2017....
Volume: 56Issue: 03Published at Fri, 18 Jan 2013