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Binding agreements signed for QCLNG stake sale and LNG supply
 
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BG Group signs agreements with China National Offshore Oil Corporation to increase investment in the QCLNG project - 6 May 2013.
Views: 76 QGCInfo
LNG Hedging Case Study: Qatar-Pakistan SPA
 
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Mini-Case Study from Capra Energy presenting the calculations and results for an example hedge of a cargo to be delivered under the pending LNG sale & purchase agreement (SPA) between Qatar and Pakistan.
Views: 2324 Capra Energy Group
Oommen Chandy signed an agreement on sales & purchase
 
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KERALA CHIEF MINISTER OOMMEN CHANDY - OFFICIAL YOUTUBE CHANNEL Thiruvananthapuram 27-05-2013: Petronet LNG ltd (PLL) & HLL Life care Ltd (HLL) has signed a LNG sales and purchase agreement (LNG SPA) today for supply of 8 metric tons of LNG per day for a period of 5 years initially. Dr A K Balyan MD& CEO PLL and Shri Ayappan CMD HLL signed the LNG SPA in presence of Kerala Chiefminister OommenChandy, Minister Aryadan Muhammad, Chief Secretary and other dignitaries. The agreement is for PLL to supply LNG by road tankers with trade name 'Taral Gas' from its 5 MMTPA LNG terminal at Kochi to HLL plant at Trivandrum from Jan 2014. PLL currently operates a 10 MMTPA terminal at Dahej, Gujarat. PLL's second LNG terminal at Kochi is getting commissioned by July 2013 for supplies of re-gassifed LNG (RLNG) through pipelines. However supply of LNG in liquid form directly to customers is alternate modes that will help customers get LNG quicker with several other benefits. The LNG SPA signed is the first of its kind in Kerala the state in which the new LNG terminal of PLL is getting commissioned shortly. HLL is the first organisation in Kerala to avail of the benefits of LNG direct supplies and is the first direct customer of PLL in Kerala. This is a major initiative of PLL as it confirms PLL s foray into sale of LNG by road to customers in Kerala who are not presently on the pipeline route. With uncertainties and issues in pipelines, what assumes significance for the State of Kerala is that this mode establishes a faster and easier availability of LNG to areas not connected by pipelines immediately and is expected to pave way for more equitable distribution of gas in the State and beyond, quicker than expected
Views: 172 Oommen Chandy
Natural Gas: Take or Pay Contracts
 
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Energy Law Class-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 826 Matt Jones
Petronas MoU with S-Oilto Supply LNG For Production
 
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Petronas LNG Limited PLL, a subsidiary of Petroliam Nasional Bhd has signed a sale and purchase agreement with S-Oil Corporation S-oil to supply Liquefied Natural Gas LNG for the later's new plant operations and as feedstock for its hydrogen production. In a statement, Petronas said under the agreement, PLL was committed to deliver up to 0.7 million tonnes per annum MTPA of LNG to S-Oil for 15 years, from 2018. Petronas LNG Marketing & Trading Vice-President, Ahmad Adly Alias said, the agreement was a testament to Petronas’ focus on building long term relationships with committed partners. And they look forward to creating additional value with S-Oil to ensure that they can deliver the most value-comprehensive solution. Backed by over 30 years of LNG experience, Petronas has been recognised as a reliable and flexible lng supplier, operating from its main supply base in Bintulu, Sarawak. It has also diversified the lng supply portfolio in recent years with the inclusion of Australia Gladstone lng and the world’s first floating LNG facility in offshore Sarawak. S-Oil is an oil refining company headquartered in Seoul, South Korea.
Views: 63 ntv7 news
LNG Price & "Take or Pay" Contracts
 
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LNG වල මේ අවස්ථාවේ මිළ දමලා අවුරුදු 20 ක සැලැස්මක් හදන්නේ කොහොමද? ඒවාගේ ඉදිරි උච්චාවචනය බලලා නෙවෙයි pucsl එක බොරුවට හරි සැලැස්ම වෙනස් කළේ. LNG Take or Pay කොන්ත්‍රාත්තු නිසා අපි ඒවා ගත්තත් නැතත් ගෙවන්න වෙනවා. එතකොට අපේ ජල විදුලි බලාගාර පවා නවත්වා LNG බලාගාර දුවන්න වෙනවා.
Views: 21 CEBEU
What is FARMOUT AGREEMENT? What does FARMOUT AGREEMENT mean? FARMOUT AGREEMENT meaning
 
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What is FARMOUT AGREEMENT? What does FARMOUT AGREEMENT mean? FARMOUT AGREEMENT meaning - FARMOUT AGREEMENT definition - FARMOUT AGREEMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ In the oil and gas industry, a farmout agreement is an agreement entered into by the owner of one or more mineral leases, called the "farmor", and another company who wishes to obtain a percentage of ownership of that lease or leases in exchange for providing services, called the "farmee." The typical services described in farmout agreements is the drilling of one or more oil and/or gas wells. A farmout agreement differs from a conventional transaction between two oil and gas lessees, because the primary consideration is the rendering of services, rather than the simple exchange of money. Farmout agreements typically provide that the farmor will assign the defined quantum of interest in the lease(s) to the farmee upon the farmee finishing: (1) the drilling of an oil and/or gas well to the defined depth or formation, or (2) drilling of an oil and/or gas well and the obtaining of commercially viable production levels. Farmout Agreements are the second most commonly negotiated agreements in the oil and gas industry, behind the oil and gas lease. For the farmor, the reasons for entering into a farmout agreement include obtaining production, sharing risk, and obtaining geological information. Farmees often enter into farmout agreements, because they wish to obtain an acreage position, need to utilize underutilized personnel, need to share risks, or because they desire to obtain geological information. A farmout agreement differs from its sister agreement, the Purchase and Sale Agreement (PSA), in that the PSA addresses an exchange of money or debt for immediate transfer of assets, whereas the farmout agreement addresses an exchange of services for a transfer of assets, and that transfer is often delayed until a later date (such as when the 'earning barier' has been met).
Views: 146 The Audiopedia
Purchase And Sale Agreement Explained
 
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We work closely with most NNPC authorized sellers that have genuine product for sell and we also know the lifespan of their licenses. We have them on CIF, TTO, TTT, FOB, etc. We promise to link you to a reliable seller with a reasonable discount. Always focus on getting a genuine dealer if you want to hit it big in the Nigerian Crude Oil and Gas Industry. The solution is dealing with only APPROVED NNPC exporter licensed by NNPC Crude Oil Marketing Department.
Views: 460 Default Name
What Is A Master Sale Agreement?
 
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Customer initials ______ provider ______this master services agreement ( msa ) is by. Wikipedia wiki master_service_agreement url? Q webcache. Master mortgage loan purchase and sale agreement sec. B) master ticket sales and services agreement. Master ticket sales and services agreement honolulu box office. Master fuel purchase and sale agreement dpl inc master services (msa) training industry. Master service agreement wikipedia master wikipedia en. Master policy purchase & sale agreement institutional life markets master sales gtri's. This agreement is made this (date). References to this master agreement shall include its schedules. Googleusercontent search. This comprehensive contract establish a master agreement with respect to the purchase of goods and or services this is for all purchasing sales activities that are made ____ day ______, 2003 ( effective assembly sale motor vehicles vehicle components. This master sales agreement is a framework. Canada and other execution copy. Master service agreement wikipediamaster sales sec. And blank master sale agreement seaco_aug15. Master mortgage loan purchase and sale agreement. Tcs may sell, and customer purchase, hardware, systems, services or tcs master sale agreementselling party seaco srl, a company registered in barbados at chancery chambers. References to clauses shall be interpreted as references in this master and others develop model bilateral agreement, containing the essential terms governing forward purchases sales of wholesale electricity disclaimer power purchase sale agreement was prepared by a committee representatives edison electric institute ( eei ) national fuel is govern all transactions entered into between parties services (msa) contract that details responsibilities obligations two each other. Master sales and services agreement candoris. This master sales agreement 1. Master lng sale and purchase agreement trafigura. What is a master service agreement? Definition of services agreement what and meaning sales telecommunication systems inc. Information technology solutions (it solutions) (excluding globalsure managed services). Residential mortgage loans and home equity lines of credit administration primary objectives contract management binding sales agreements a master service agreement is contractual document that specifies msas typically state performance as level when you negotiate services with client or supplier, the process can take time culminate in spells out obligations requirements all definition consolidates two more separate but related between same counterparties one legal 1. Master agreement for the purchase of goods and services between master. House this master policy purchase and sale agreement is entered into by between warranties contained in agreement, for other good sales. Master
Views: 20 Green Help
TH MOE's Speech at 1st Gas Ceremony:PTT & Qatargas
 
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Ceremony of The First Cargo Delivery to Map Ta Phut LNG Receiving Terminal on 8th January, 2015 Under The Long Term LNG Sale and Purchase Agreement between PTT PLC and Qatar Liquified Co.,Ltd.
Oil & Gas Production Contracts by Anthony Jennings
 
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JENNINGS STRIKES OIL HERE! An appreciation by Phillip Taylor MBE and Mrs Elizabeth Taylor of Richmond Green Chambers Looking for a legal text on oil and gas production contracts? One that is authoritative, detailed, international and precisely targeted to this particularly specialized area of law? You are? Well this is the book for you. Yes, Anthony Jennings and his team give some definitive and practical legal advice on oil and gas production contracts, applicable in all jurisdictions worldwide. Oil and Gas Production Contracts is not, we are sure you will note, to be confused with Oil and Gas Exploration Contracts; different specialist area -- different book. Actually, the first is a sequel to the second -- both by the same author -- and if you have client companies in the oil business, you will ultimately need both. Certainly, there can be great lengthy periods of lead time between oil or gas exploration (looking for it) and production (extracting it and marketing it once youve found it). But once your client company really has stuck oil, this book emerges with flags flying as an invaluable advisor and practical guide to all contractual matters pertaining to the production process. Author Anthony Jennings knows whereof he speaks. As head of a specialist team of contributors to this text, (from Denton Wilde Sapte, McGrigors, Norton Rose, CMS Cameron McKenna and Chevron) he is a former senior legal adviser at ChevronTexacoa member of the United Kingdom Energy Lawyers Groupand author and contributor to a number of books and publications on oil and gas, including Natural Gas Agreements. As he explains, this book completes the suite of agreements encountered in the upstream oil and gas industry. The different kinds of agreements that emerge at successive stages of oil production are dealt with, including: • The license or production sharing agreement that emanates from the client companys relationship with the host government •The agreements between the joint venture companies themselves •Agreements between those companies and their third party service providers, as well as their agreements with other joint ventures •Oil and gas sale and purchase contracts •And finally, agreements for acquiring or disposing of producing assets or license interests. The nature and the purpose and the terms of all these agreements are examined, including what they should provide for and how they should provide for it. Intended to be read as a coherent whole, the book can certainly be used subsequently as a reference tool. It does what the title on the cover indicates. It provides a detailed understanding of all the common production phase contracts in which each clause is systematically analyzed. Valuable insights are offered into the nature, purpose and consequences of each contract, together with a renewed awareness of the common pitfalls of each. While it is not within the scope of the book to go into individual detail about specific Government regulations and so forth -- except illustratively -- its focus on the common features of production contracts worldwide make it a valuable addition to the energy lawyers library virtually anywhere within todays global economy so Jennings certainly strikes oil here! ISBN: 978-1847037503 YouTube: http://www.youtube.com/watch?v=Bh882JzC5ks
Views: 3151 goodbyee007
International Oil and Gas Contract Law distance learning training course
 
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http://www.ibc-academy.com/ytogcontractabout Study International Oil and Gas Contract Law by tutored part-time distance learning from IBC Academy This oil and gas law course delivers the knowledge and explanations to help build your understanding of the complex laws, regulations and contracts in the international oil and gas industry. Participants gain an understanding of the fundamentals of contract law, before exploring the regulations which apply to negotiations and contracts at each stage of the oil and gas business, and investigating dispute resolution methods. From exploration, through production, operation, transportation and finally to sale - this is the ideal course. This oil and gas law course explains key principles and issues at every stage, including: - Introduction to Contract Law and Background to the Oil and Gas Industry - Contracting in the Upstream Sector: Ownership, Licensing, Production Sharing Agreements and Unitisation - Agreements between Co-ventures, Suppliers and Contractors - Contracting in the Downstream Sector: Sales and Transportation of Oil and Gas - Dispute Resolution in Oil and Gas Contracts Visit the website for more information: http://www.ibc-academy.com/ytogcontractabout
Views: 870 IBCAcademy
Yemenis angered by LNG contract with France
 
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A group of youth revolutionaries, lawyers and rights activist have rallied in the Yemeni capital Sana'a condemning the purchase of Yemeni Liquefied Natural Gas by France way below the international price market. The protesters slammed the French company, TOTAL for depriving Yemen of full and fair compensation for its L-N-G sales. Yemeni protesters called for an immediate end to the L-N-G contract between their country and TOTAL. For the past 19 years the French giant has been purchasing L-N-G for 3 dollars per million BTU. Reports say that's 11 dollars less than the average international market price of L-N-G sales. According to a deputy of Yemen's Ministry of Oil and Minerals, the state treasury receives 300 million dollars per year in L-N-G revenues; however, if gas was being sold at global prices, Yemen would have earned one billion dollars per year. According to Yemen's Oil Ministry, the controversial contract with France was inked in 1995 during the rule of former dictator Ali Abdullah Saleh. Based on the agreement Yemen agreed to sell gas to the European country for 20 years. What remains to be seen is what the post-Saleh government will do to make up the financial loss Yemen endured over the past years.
Views: 213 PressTV Videos
LNG-Buy BC Program: Connecting BC businesses with LNG opportunities
 
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The liquefied natural gas industry is creating a once-in-a-lifetime chance to enable strong economic growth and provide employment opportunities for local companies throughout British Columbia. As Small Business Month has wrapped up, it's important to note that the LNG-Buy BC program has at its core a firm belief that the entrepreneurial spirit, skills and innovative abilities of BC businesses will lead to a high level of success regardless of where they enter the LNG supply chain. Learn more: https://news.gov.bc.ca/ministries/jobs-tourism-and-skills-training
Views: 240 ProvinceofBC
What you need to know about operating a CNG vehicle
 
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This video demonstrates general guidelines for fueling a compressed natural gas (CNG) Freightliner semi-truck commonly found within Penske’s expansive commercial truck rental fleet. If you have specific questions about fueling your compressed natural gas (CNG) semi-truck from Penske, please call our 24/7 Roadside Assistance team at 1-800-526-0798. Please note this helpline is for the exclusive use of Penske customers. Alternative Fuel Solutions at Penske Truck Leasing Penske Truck Leasing has been a providing alternative-fueled vehicles and the fleet maintenance of alternative-fueled vehicles for over 20 years. To learn more about full-service truck leasing, truck rental, or contract fleet maintenance of alternative fueled vehicles that includes: compressed natural gas (CNG), propane autogas (LPG), diesel-electric hybrids, electric vehicles (EVs), or any other alternative fuel options, please visit: http://www.pensketruckleasing.com/faqs/alternative-fuels.html for details. Penske Rents Compressed Natural Gas Semi-Trucks To rent a compressed natural gas (CNG) semi-truck from Penske, please call 1-800-PENSKE-1 for availability. To learn more about other business truck rental options please visit: http://www.pensketruckrental.com/business-truck-rental/ for our vehicle selection. Published: February 12, 2015
Views: 25087 Penske Truck Leasing
Negotiating gas and LNG contracts – Top tips from Baker Botts
 
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Gastech News had the pleasure to interview Jason Bennett, Partner, Deputy Department Chair, Global Projects Group at Baker Botts. We discussed how to negotiate successful gas and LNG contracts and what the main trends around flexibility in contracts are. Watch the video to find out his views. Sign up for news at: http://www.gastechnews.com/newsletter-signup/ Attend Gastech: http://www.gastechsingapore.com/
Views: 1136 GastechEvent
What is MATERIAL ADVERSE CHANGE? What does MATERIAL ADVERSE CHANGE mean?
 
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What is MATERIAL ADVERSE CHANGE? What does MATERIAL ADVERSE CHANGE mean? MATERIAL ADVERSE CHANGE meaning -MATERIAL ADVERSE CHANGE definition - MATERIAL ADVERSE CHANGE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A material adverse change (also called a MAC) - also formulated as an Material adverse event or Material adverse effect (either, a MAE) - contingency is a legal provision often found in mergers and acquisitions contracts and venture financing agreements that enables the acquirer (or funder) to refuse to complete the acquisition or merger or financing with the party being acquired (often termed, the "target") if the target suffers such a change. The rationale for such a clause is a means to protect the acquirer from major changes that make the target less attractive as a purchase. Large transactions often require a long period of time between actual agreement and the completion of the transaction (the "closing"). This time is used to obtain governmental or regulatory approvals (e.g., in the United States, Hart-Scott-Rodino Antitrust Improvements Act approval), to obtain shareholder or labor consents, and any other required third-party consents. During this period, the target continues to function pending the completion of the merger, and is subject to the normal risks of its business, the economy or acts beyond its control. Each merger agreement that contains such a clause has a different definition of what, in its particular context, constitutes a material adverse change. Often this is one of the few or some times, the only way that an acquiring party can refuse to complete a contemplated acquisition. When the acquiring party cites the occurrence of a material adverse change to refuse to complete a merger or acquisition, litigation may ensue. One notable occurrence is the planned acquisition of SLM Corporation (formerly known as Sallie Mae) by a group including Bank of America and JPMorgan Chase. In the United States, much of this litigation occurs in the Delaware Court of Chancery as many large American companies are organized under Delaware law. According to the precedents of that court, an acquirer seeking to avoid completion of a transaction based upon a MAC provision bears the burden of proving that a material adverse change as defined by the parties' agreement has in fact occurred. It is also used in “Gas Sale and Purchase Agreements” and “LNG Sale and Purchase Agreements” and usually the party suffering from the effects of Material Adverse Change can apply for contract price revision.
Views: 132 The Audiopedia
Oman’s Nama appoints consortium of advisors
 
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Privatisation Drive Oman’s state-owned electricity holding firm Nama Holding said that the company has appointed a consortium of advisors jointly led by London Economics and Lazard Freres for privatising its five subsidiary power distribution and transmission firms. Oman LNG Pact Oman LNG and BP Singapore have signed a major sales and purchase agreement (SPA) for supplying liquefied natural gas (LNG) to the latter. TrakInvest Plans TrakInvest management team was recently in Muscat to meet investors, strategic partners, and regulators and evaluating the prospects of setting up operations in Oman. Coal Mining Jobs Nearly two-thirds of US coal producing states lost coal mining jobs in 2017, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters. NAFTA Talks The North American Free Trade Agreement will probably be renegotiated successfully with only marginal changes, said a large majority of economists in a Reuters poll, despite the Trump administration's saber-rattling. Website: http://timesofoman.com Facebook: http://facebook.com/timesofoman Twitter: http://twitter.com/timesofoman
Views: 80 Times of Oman
Douglas Channel LNG LNG Terminal  Capacity, SPA Contracts, Const
 
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Bharatbook.com announces a new report on "Douglas Channel LNG LNG Terminal- Capacity, SPA Contracts, Construction, Capex, Companies and Trade", The report provides complete information across the terminal value chain from source field to carriers to import/export facilities.
Views: 20 Energy3b
Cheniere Energy Offers 12% to 15% per Year as an Investment
 
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What do I do? Full-time independent stock market analyst and researcher: https://sven-carlin-research-platform.teachable.com/p/stock-market-research-platform Check the comparative stock list table on my Stock market research platform under curriculum preview! I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t More about me and some written reports at the Sven Carlin blog: https://svencarlin.com Stock market for modern value investors Facebook Group: https://www.facebook.com/groups/modernvalueinvesting/ I analyze what is the value that Seth Klarman sees in Cheniere Energy (NYSE: LNG) and come to the conclusion that it is a good long term natural gas investment. When all the natural gas trains will be commissioned, Cheniere will have a distribution of around $7 per share which is a great return.
General Agency Agreement VS Sole Agency Agreement
 
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Having a general agency agreement will only cause competition between brokers and drives the price down. Work as a team WITH your broker for the best outcome.
Views: 59 Business Sales Hub
Power purchase agreement
 
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Power purchase agreements are the contracts that enable businesses generating their own electricity to sell the electricity they produce and the associated renewable energy certificates. This. A power purchase agreement is a contract between two parties, one who generates electricity for the purpose and one who is looking to purchase electricity. The PPA defines all of the commercial. What is a PPA? This module explains the basic concepts - the participants and their roles and responsibilities - behind a solar Power Purchase Agreement.
Views: 37 Alfred Greenbaum
Insurance market contribution put at 1.63% of GDP
 
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Oman's Insurance Market The audited financial statements for 2017 suggest the insurance sector contributed 1.63 per cent of gross domestic product (GDP). OTI Signs Pact Oman Trading International Limited (OTI), has signed a 10-year sales and purchase agreement with Petrobangla, a government-owned national oil company of Bangladesh — to supply liquefied natural gas (LNG) to Bangladesh. Shell Agreement Shell Gas & Power Developments (Shell) has signed a Memorandum of Understanding (MoU) with the Government of Oman to cover proposed energy development projects in Oman. Boulevard Tower Boulevard Tower, one of Oman’s upcoming premier real estate projects, has reported strong progress in construction with 75 per cent of structural works now complete. Customer Interface Screens Shell Oman has recently signed an agreement to expand its Customer Interface Screens (CIS) project across its network of service stations. Website: http://timesofoman.com Facebook: http://facebook.com/timesofoman Twitter: http://twitter.com/timesofoman
Views: 48 Times of Oman
Gas sales deal fires up Inpex
 
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A Japanese consortium has agreed to buy the remainder of projected LNG output from the proposed Inpex gas project in Darwin.
Will encash opportunity of low spot cargo prices: Petronet LNG
 
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Will encash opportunity of low spot cargo prices: Petronet LNG
Views: 43 ET NOW
NLNG to take FID on Train-7 by December 2018 – MD
 
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NLNG to take FID on Train-7 by December 2018 – MD Barring any changes, the Nigeria Liquefied Natural Gas Limited (NLNG) Thursday said it would take the Final Investment Decision (FID) on its new eight million tonnes per annum (MTPA) LNG Train-7 plant by December this year. It also said the sale and purchase agreements (SPAs) for the new volumes had been locked down with off-takers since 2007, but that its terms would need to be concretised before the FID is achieved. The Managing Director of NLNG, Mr. Tony Attah, said on the sidelines of the co... --------------------- DONT FORGET SUBSCRIBE FOR ME : https://www.youtube.com/channel/UCAcsBcJd8seojLO_4wot0-w?sub_confirmation=1
Views: 13 Eco News
Rules on Possession of Land in the Philippines
 
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Ignorance from the law excuses no one, that's why Law Profile simplifies the study of law through words everyone can understand. The program aims to educate the common man of his rights through detailed discussions of real-life legal cases to illustrate how the law works and what one can do in similar situations. Viewers are encouraged to send in their questions for a professional advice on air. Law Profile is hosted by top caliber law practitioners who have established their own niche in the legal arena. LAW PROFILE UNTV Channel 37 Thursday 5:00 to 5:45 p.m. http://www.untvweb.com/program/law-profile/ Aired on : April 03, 2014
Views: 35455 UNTV Web
GAIL set to hike domestic price of LNG
 
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In an attempt to force local consumers such as power projects and fertilizer plants to finalize their purchase plans, state-owned gas supplier GAIL (India) Ltdis set to increase the domestic price of liquefied natural gas (LNG) by 10 cents per unit. Of the total 5.8 million tonnes (mt) of LNG it contracted with US suppliers, GAIL has found Indian buyers for only 2.5 mt.
Views: 78 Mint
Asian Markets Overview of March 24, 2010: BG (LON:BG) and CNOOC to Sign LNG Deal
 
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(ABN Newswire) - Wall Street's rallies overnight provided a positive lead to Asian markets on Wednesday. Dow and S&P 500 Tuesday surged to 18-month highs led by blue-chip industrial stocks. Nasdaq was also buoyed by signs of improved semiconductor market. Asian markets closed mixed on Tuesday. Energy shares in the region rose after the price of crude oil rebounded above US$81 a barrel on the New York Mercantile Exchange. Japan's Nikkei 225 fell nearly 0.5 per cent due to stronger yen against euro. China's Shanghai Composite lost 0.7 per cent. But South Korea's Kospi gained 0.6 per cent. Hong Kong's Hang Seng Index advanced 0.3 per cent. Company News BG Group PLC (LON:BG) and China National Offshore Oil Corp.(CNOOC), parent of Cnooc Ltd (HKG:0883), plan to sign a sale-and-purchase agreement for liquefied natural gas from Australia Wednesday, said sources. The deal could be worth as much as A$80 billion. As part of the deal, the Chinese group will buy a 10% stake in one of the two LNG trains that BG plans to construct at the project. CNOOC will also take a 5% stake in certain BG coal seam gas fields. Toshiba Corp. (TYO:6502) said it will begin construction of an additional flash memory manufacturing facility at its plant in central Japan in July, after putting the plan on hold due to the global financial crisis. Toshiba said it saw demand begins to recover with the market penetration of smartphones and other new applications, and foreseeing further market expansion in the medium- and long-term. The company now recognizes that the time is right to construct a new fabrication facility. Yesterday Toshiba shares also strongly gained on the news that the company will jointly develop a next generation nuclear reactor with TerraPower, which is controlled by Microsoft Chairman Bill Gates. Bank of China Ltd. (HKG:3988) said the Chinese lender and Singapore's sovereign-wealth fund Temasek Holdings plan to set up a rural banking joint venture in China. The joint venture will provide loans to China's rural population. Bank of China Tuesday posted a bigger-than expected 26% rise in 2009 net profit due to a surge in loans amid China's stimulus-led economic rebound, but the bank is expected to slow down the pace of lending this year. A unit of Singapore based Keppel Corp (SIN:BN4) has won a 62 million euro contract to build a floating platform that will be used to erect a wind farm off the German coast. Keppel's Dutch unit will partner with the German unit of French energy company Areva (EPA:CEI) to build the Mobile Offshore Application Barge, with completion scheduled for the fourth quarter of 2011.
Views: 1384 ABN Newswire
Universal Bioenergy Signs Major Contract with Global Energy Group, Projects Sales of $100 Million
 
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Global Energy Group Moves Forward to Expand and Capitalize on its Investment Irvine, CA, United States, via eTeligis Inc., 05/13/2014 - - Universal Bioenergy Inc. (OTC Pink: UBRG) (PINKSHEETS: UBRG), a publicly traded independent diversified energy company, that markets and distributes natural gas and petroleum, announced that it signed a major contract in a joint venture with Global Energy Group LLC to begin the physical and financial trading of natural gas, electricity, petroleum and related energy commodities. The transaction was approved by the Company's Board of Directors and reported to the SEC on Form 8-K. Universal Bioenergy is forecasting that an estimated $100 million in annual revenues could be generated through the joint venture from the financial trading from the energy contracts. The estimated profits from the joint venture are in the 2% to 20% range, or an estimated $2 to $20 million annually. Universal Bioenergy entered into an Acquisition, Marketing and Distribution Agreement with Global Energy Group LLC. The Agreement is for the parties to engage in a venture whereby GEG will use its energy order fulfillment platform to engage in the physical and financial trading of natural gas, electricity, petroleum and related energy commodities. Global Energy Group LLC, the company's major shareholder, with offices in the United States and the United Kingdom, is a holding company whose primary business is the acquisition of strategic business assets, companies and investment or joint ventures in both private and public companies. In April 2013, Global Energy Group acquired a major stake in the Company and is now planning to expand and capitalize on its investment. The joint venture partners have positioned themselves to purchase and sell energy commodities in North America, Europe and the global energy markets. The parties plan to utilize highly experienced energy traders to engage in the physical and financial trading of natural gas, electricity, petroleum, diesel fuel and jet fuel. The venture partners plan to purchase and trade energy contracts on the spot and long-term market, and trade financial futures and power contracts to generate higher revenues, margins and earnings through Global Energy Group's Energy Platform. Universal's Senior Vice President Solomon Ali says, "We feel very excited about this new joint venture with Global Energy Group. We are fully prepared to capitalize on this opportunity. This gives us the right direction, at the right time and should help drive us to greater revenues and profitability. The potential earnings for the venture is estimated at $2 to $20 million annually. Although we cannot guarantee an actual valuation, according to industry valuation standards using average P/E ratios from Standard & Poor's, at a multiple of 15 times earnings, a valuation of $30 to $300 million dollars is an estimate of the potential additional market value of the earnings to Universal. We feel this should be very beneficial to our shareholders." Universal Bioenergy is a high growth diversified energy company that is experiencing double-digit growth, and reported sales of over $60.22 million in its Annual Report for 2013. NDR Energy Group, a subsidiary of Universal Bioenergy, has purchase contracts for natural gas with 32 of the largest public utilities, electric power producers and local gas distribution companies that serve millions of commercial, industrial and residential customer in the United States. About Universal Bioenergy Inc. Founded in 2004, Universal Bioenergy Inc., is a publicly traded independent diversified energy company that produces and markets natural gas, petroleum, coal and propane. We market energy resources to the largest public utilities, electric power producers and local gas distribution companies in the U.S., that serve millions of commercial, industrial and residential customers. We are also engaged in the acquisition and development of existing or recently discovered oil and gas fields, leases and surface coal mines. For more information visit www.universalbioenergy.com For inquiries contact: Media Relations Solomon Ali 704-837-5705 SOURCE: Universal Bioenergy Inc.
Views: 4060 Eteligis.com
Land rights vs. Land title
 
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Free legal consultation from 1,360 satellite monitoring centers. There is more to mornings than your usual daily-paper-and-coffee habit. GMK showcases heightened and unmatched public services, sensible exchanges of stories and opinions, and trustworthy news reports. GOOD MORNING KUYA Aired December 8, 2014 at UNTV 37 For more info, visit http://www.untvweb.com/program/good-morning-kuya/
Views: 27849 UNTV News and Rescue
Is it a good time to buy Woodside Petroleum ?
 
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Acquisition of ConocoPhillips’ interests in Senegal: Woodside Petroleum Limited (ASX: WPL) has entered into a Purchase and Sale Agreement (PSA) with ConocoPhillips to acquire all of ConocoPhillips’ working interests (35%) in Senegal for US$350 million, plus a completion adjustment of about US$80 million. The Purchase and Sale Agreement is expected to close by 2016 end after satisfaction of customary conditions, including Government of Senegal approval. ConocoPhillips Senegal B.V. has working interest in a Production Sharing Contract with the Government of Senegal for the three offshore exploration blocks, Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore. The acquisition would provide the option for Woodside to operate the development of any resource in the future. Moreover, the contract includes the SNE, one of the largest global deep water oil discoveries since 2014 and FAN deep water oil discoveries. WPL estimated that the SNE discovery contains 560 MMbbl of recoverable oil (at the 2C confidence level, 100%). Australia's FAR Ltd owns 15% of the fields and Senegal's state-owned Petrosen holds 10%. This acquisition would give WPL the significant position in an underexplored and highly prospective emerging oil province and would leverage its expertise in deep water drilling, development and operation of subsea infrastructure and floating production storage and offloading vessels.
Views: 541 KALKINE
Ukraine-Gazprom.Подписали контракт.19.01.09.Part 1 (Putin,Tymoshenko)
 
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Prime Minister Vladimir Putin held negotiations with Ukrainian Prime Minister Yulia Tymoshenko in Moscow, following which Gazprom and Naftogaz Ukraine signed a contract for the sale and purchase of natural gas for 2009-2019.Part 1 В.В.Путин провел переговоры с Премьер-министром Украины Ю.В.Тимошенко, по итогам которых был подписан контракт купли-продажи природного газа в 2009-2019 годах.Part 1 Vladimir Putin: Ladies and gentlemen,Following long and difficult negotiations we came to an agreement on all issues concerning natural gas supplies to Ukraine and Russian gas transit to Europe. The most important issue in these past days, especially for European consumers, has been resuming gas transit. I hope that all transit supplies to Europe will be resumed very soon.Gazprom has been instructed to start gas supplies along all the routes suggested by our Ukrainian partners, and to meet a day's demand of European consumers in full. Gazprom will undertake all necessary technical measures to achieve that. We expect our Ukrainian partners to promptly restore their gas transportation system capacity. Gazprom and Naftogaz specialists are already working on this now.I would like to once again express sympathy with European consumers, everyone who fell prey to the current crisis, which did not arise through Russia's fault.Prime Minister Tymoshenko and I have also coordinated the key aspects regarding cooperation in Russian gas supplies to Ukraine. I would like to reiterate that it is a separate issue, and it is not connected with gas transit to Europe. That is what we have agreed.I would like to highlight the main point: Russia and Ukraine have agreed to go over to the European market gas pricing formula beginning from January 1, 2009. I am sure that it will allow us to normalise relations in the gas area in the long term.In addition, all intermediaries have been excluded from the gas payment scheme. The entire gas relations chain will become absolutely transparent and predictable.From the very start, we have tried to develop relations with our Ukrainian partners on business principles that would eliminate various risks and subjective factors. I would like to stress that this is a long-term agreement, signed for a period of ten years. The second ten-year agreement, which deals with Russian gas transit to European consumers, is also calculated in accordance with the European formula. I hope that this approach will allow us to build stable long-term relations both with our European consumers and our Ukrainian partners, which will help improve Ukraine's gas transportation system.I would like to express gratitude to Prime Minister Timoshenko, who took the responsibility for critical decisions that led us out of the impasse. Also, I would like to highlight the significance of the Moscow conference on Russian gas supplies to Europe, initiated by Russian President Dmitry Medvedev.The forum's participants openly and constructively discussed ways of settling the present crisis and averting such problems in the future, which is also of vital importance. I hope that we have closed the chapter on the gas crisis today.From our point of view, it is necessary to diversify energy supply routes to Europe as far as possible. We shouldn't limit ourselves to using the existing transit facilities; I have already mentioned that we are ready to consider working with our Ukrainian partners on improving Ukraine's gas transportation system.We also need to eliminate risks and diversify these routes, as well as build new pipelines, namely the North Stream along the Baltic seabed and the South Stream along the Black seabed, in the Balkan direction. Finally, we need to create new infrastructure to liquefy natural gas and transport LNG to end consumers.I would like to remind you that in a compromise, we made concessions that both parties found acceptable. I am referring to a 20% discount on gas supplies to Ukraine and keeping reduced tariffs on gas transit to Europe in 2009.In my opinion, these agreements are optimal and are in line with the interests of both Russia and Ukraine. Thank you for your attention.
Views: 4940 niknikolay
India Russia made a Unbelievable Deal on Oil and Military Trade
 
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India Russia made a Unbelievable Deal on Oil and Military Trade . Moscow offers New Delhi access to oil-&-gas-rich northern sea route . NEW DELHI Russia, that holds significant part of resource-rich Arctic region, has offered India access to the Northern Sea Route that connects Europe with the Pacific Rim including additional supplies of natural gas and joint development of gas fields to meet New Delhi’s growing energy needs. Russian President Vladimir Putin made this announcement here on Friday in the presence of Prime Minister Narendra Modi while addressing a business summit. “…the Prime Minister and I discussed this earlier today; we welcome our Indian partners to join the work in the Arctic as well. This is a very promising, long-term and very serious project that looks decades ahead, one with good investment and good return. As the climate continues to change — in some places, this is good, and elsewhere perhaps not so good —the Northern Sea Route offers growing opportunities,” Putin said in his address. “We are building a nucleear-powered fleet, eight nucleear-powered ships, which will be steadily put into operation. This work is in progress. This will ensure reliable LNG supplies to the Indian and world markets. So this could be very interesting joint work,” he said. There was concrete reference to Indo-Russian partnership in the Arctic region in the joint statement issued after the annual summit on Friday. “The two governments also expressed support to companies from both sides ‘for development of cooperation and exploring opportunities for joint development’ of oil fields in Russian territory, including on the Arctic shelf, and projects on the shelf of the Pechora and Okhotsk Seas.” Putin and Modi also discussed a 2017 joint study on possible gas supply routes from Russia to India, sources told ET. The Arctic contains a wealth of petroleum and mineral resources. Currently, the region produces about one tenth of the world’s oil and a quarter of its natural gas. The Russian Arctic is the source for about 80% of this oil and virtually all of the natural gas. The most developed sector of the region, the Russian Arctic also holds abundant deposits of nickel, copper, coal, gold, uranium, tungsten, and diamonds. Putin assured “our country has been and will be a reliable energy supplier for the Indian economy”. He noted joint projects in the field of supplies of LNG are of stratgic importance. Thanks for watching. Subscribe to our channel. Thanks for watching. This is World Conspiracy Daily WC Daily If you have any points comment below. Production: Hades Pictures Music By : Kevin MacLeod (http://incompetech.com) Track : IDCIDK, Grind Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
Views: 17263 WC Daily
WTI Crude Oil and Natural Gas Forecast October 9, 2018
 
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The WTI Crude Oil market fell initially during trading on Monday, reaching down towards the $73 level. We found that area to be supportive enough to turn things around of form a nice-looking hammer for the day though, and that tells me that there is still plenty of buying pressure underneath. We are still very much in an uptrend, and therefore I continue to look for short-term pullbacks for value. I believe that we will go looking towards the $75 level, and then the $77 level. I think the $73 level has shown itself to be significant support, and therefore if we broke down below there I would be a bit more concerned. Until that happens though, I think we are consolidating in trying to reach much higher levels. Iranian sanctions are going into effect, so that continues to have people buying. for more analysis: http://www.dailyforex.com
Views: 217 DailyForex
Pakistan Never can purchase S-400 Triumf Air Defence System
 
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According to the latest report by the B B C, India added a rider clause in the agreement which was recently signed between India and Russia for the advance S-400 Missile System. The rider clause prevents Russia from selling the S-400 Missile System or any similar or advance Air Defence System to Pakistan under any circumstances. The Pakistani Military had recently expressed their desire to acquire a set of S-400 Batteries from Russia to bolster its conventional firepower against the far superior Indian Armed Forces. The rider clause permanently puts an end to Pakistan's dream of acquiring the S-400 system. Few months ago, India signed the Rafale deal valued at 8 billon dollar and a second deal this week valued at 5.4 billon dollar for five S-400 Systems. Such high value arms acquisitions are only fantasy dreams for a country like Pakistan that is selling 'cars' and 'buffaloes' to pay international debt. Its Forex Reserves are falling at an alarming rate and they currently stand at 8.4 billion dollar. The I A F has future plans to acquire five additional S-400s or may be even the S-500 systems from Russia to insulate the country from the entire spectrum of a two-front attack from both China and Pakistan. Apart from the S-400, India has made tremendous progress in its very own long range Ballistic Missile Defence system. The indigenous Air Defence System will act as a force multiplier to the S-400 and the current network of Air Defence Weapons. Thanks to the Government of India that Pakistan will never be able to acquire the S-400 from Russia and will have to once again rely on cheap Chinese products which come with no warranty or guarantee. #s400,#pakistan,#india,#indiavspakistan,#pakistanvsindia,
Views: 580 Defense Barta
Gazprom beats EU witch-hunt, legal dispute
 
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Visit DRN SHOP. Buy a T-Shirt. Support The Duran: http://www.drnshop.com Subscribe to our channel: https://www.youtube.com/theduran Visit Us! http://theduran.com Like us on Facebook: https://www.facebook.com/thedurancom Follow us on Twitter: https://twitter.com/theduran_com ***** Alexander Mercouris in London (E1): Breaks down the Gazprom - EU legal dispute. In 2015, the European Union launched a legal attack on Russian gas giant, Gazprom, accusing the company of overcharging buyers in Eastern Europe and hindering global competition. Fast forward today, and the results of the EU's legal challenge to Gazprom's business activity in Europe has been resolved...and Gazprom won. Why did this happen? Simple. Europe needs natural gas, and Russia has that gas. No other alternative, at the moment, will rival Gazprom's price and reliability, and that includes Trump's pipe dream LNG tanker supply for Europe. More importantly, Europe's need for natural gas is growing, and this is good news for Gazprom and Russia. The Duran's Editor-in-Chief Alexander Mercouris revisits the EU's legal case against Gazprom, and the stunning, yet predictable, results handed out earlier this week (that no mainstream media is reporting), which once again shows that the Russians, and Gazprom, hold all the leverage against Brussels when it comes to energy supply.
Views: 613 The Duran
Business Electricity and Gas Market and Long Term Energy Contracts
 
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Mark Johnson, a director at Torse Ltd, discusses the current energy market as of July 2012 and the benefits of organising your energy requirements well in advance of a renewal date. This includes the decision to sign long term contracts for business gas or business electricity.
Solo Oil boss hails gas sales deal in Tanzania as a “major milestone”
 
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Aminex (LON:AEX) told investors today that its long-awaited gas sales agreement for the Kiliwani North gas field has been signed. Solo Oil (LON:SOLO) has a more than 6% stake in the venture and Proactive spoke to Neil Ritson, Solo’s chairman, following the announcement. He said the parties had been waiting for the Tanzanian market to develop the pipeline and put infrastructure and gas processing in place for “some time”. The deal means gas production and first revenues from Tanzania for both Solo and Aminex.
BC and LNG Canada announce funding to advance skills training
 
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Employers in the construction sector will now be able to apply for funding to help their current and future employees upgrade their skills, thanks to two complementary funding programs announced by the BC government and LNG Canada. Recognizing the importance of the construction sector to BC’s economy, especially with the generational opportunity that the liquefied natural gas (LNG) sector presents, these two funding streams will help provide employees with the skills and training they need to fill available jobs. LNG Canada will introduce the LNG Canada – Trades Training Fund, a new program that will provide a total of $1 million to employers in BC in support of industry and apprenticeship training in the construction sector to build a workforce to meet the needs of the LNG industry. The fund will be administered by the BC Construction Association (BCCA) and details of the training fund, including eligibility criteria and application dates, will be available on the BCCA website at: www.bccassn.com and the LNG Canada website at: www.lngcanada.ca
Views: 224 ProvinceofBC
China LNG Group
 
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VIDEO FINANCIAL REPORTING Why invest in is the first financial video platform where you can easily search through thousands of videos describing global securities. About The Video: We believe that complex financial data could become more approachable using friendly motion-graphic representation combined with an accurate selection of financial data. To guarantee the most effective information prospective we drew inspiration from Benjamin Graham’s book: “The Intelligent Investor”, a pillar of financial philosophy. For this project any kind of suggestion or critic will be helpful in order to develop and provide the best service as we can. Please visit our site www.whyinvestin.com and leave a massage to us. Thank you and hope you'll enjoy. IMPORTANT INFORMATION - DISCLAIMER THIS VIDEO IS FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE. This video has been prepared by Whyinvestin (together with its affiliates, “Whyinvestin”) and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The performance of the companies discussed on this video is not necessarily indicative of the future performances. Investors should consider the content of this video in conjunction with investment reports, financial statements and other disclosures regarding the valuations and performance of the specific companies discussed herein. DO NOT RELY ON ANY OPINIONS, PREDICTIONS OR FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. Certain of the information contained in this video constitutes “forward-looking statements” that are inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein. None of Whyinvestin or any of its representatives makes any assurance as to the accuracy of those predictions or forward-looking statements. Whyinvestin expressly disclaims any obligation or undertaking to update or revise any such forward-looking statements. EXTERNAL SOURCES. Certain information contained herein has been obtained from third-party sources. Although Whyinvestin believes such sources to be reliable, we make no representation as to its accuracy or completeness. FINANCIAL DATA. Historical companies’ data, ratios, exchange rate, prices and estimates are provided by Factset research www.factset.com . Whyinvestin does not verify any data and disclaims any obligation to do so. Whyinvestin, its data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. Neither Whyinvestin nor any of our information providers will be liable for any damages relating to your use of the information provided herein. Please consult your broker or financial representative to verify pricing before executing any trade. Whyinvestin cannot guarantee the accuracy of the exchange rates used in the videos. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining prior written consent. Please consult your broker or financial representative to verify pricing before executing any trade. COPYRIGHT “FAIR USE” Whyinvestin doesn’t own any logo different from the whyinvestin’ s logo contained in the video. The owner of the logos is the subject of the video itself (the company); and all the logos are not authorized by, sponsored by, or associated with the trademark owner . Whyinvestin uses exclusive rights held by the copyright owner for Educational purposes and for commentary and criticism as part of a news report or published article. If you are a company, subject of the video and for any reason want to get in contact with Whyinvestin please email: [email protected]
Views: 64 Why Invest In
MESC PUBLIC LECTURE :Designing & Constructing a Floating Production Storage & Outage  (FPSO)
 
02:22:28
Designing and Constructing a Floating Production Storage and Outage (FPSO) vessel for Petroleum Industry Mr. Vijay. Vijayaraghavan (Chevron Australia Pty Ltd.) Presenter: Vijay has over 36 years experience in oil and gas industry as materials and Corrosion specialist and Construction/Engineering Manager; At least twenty years of that as principal engineer /Technical authority for offshore material selection and corrosion engineering of onshore and offshore projects, deep water pipelines, and subsea facilities; and he also have worked over number of years on research study with number universities industrials advisor to combat sulphide stress corrosion cracking and chloride stress corrosion cracking. He has a BSc in Eng technology, Post Graduate Diploma in Production Engineering and a PhD in Engineering Management. Vijay first gained his Higher national Diploma in Marine engineering in 1974 and graduated as Technologist in Sri Lanka in 1978, before undertaking a Post Graduate diploma in Production and Materials Engineering at the University of North London (UK) in 1980. He also completed a Graduate Certificate in Corrosion Science and Microbiological corrosion from City of London Polytechnic and he is also a Charter Engineer in Corrosion Engineering and Engineering Technology. He is also a qualified Commercial Diver/Subsea Engineer with over two thousand diving hours under his belt. Within the past thirty five years Vijay has worked from the level of a graduate engineer to the status of Engineering Manager while providing materials, corrosion, coatings, insulation, PFP and integrity consultancy to number of Oil & Gas Operations worldwide. He has been technical lead for number of major projects such as:  LNG trains 3 to 10 of Qatar petroleum.  Sindian 4 subsea line refurbishment project in Western Australia.  Griffin 9 subsea pipeline project in Western Australia.  Brow LNG feed projects for Woodside offshore petroleum.  Inpex Icthys LNG project.  Chevron Gorgon LNG project To name a few He is a trained specialist on fitness for service assessment according to DNV 101 standards and API 579/ASME FFS-1:2007 and possess RBI development specialty to API 580/581 requirement. To his employers he also provides guidance for making integrity assessment of new ventures, repairs, replacement, re-rating and re-design decisions of on shore and offshore operations all over the world. Professional Affiliations: Committee Member of Australian Pipeline industry association (APIA). Committee Member of Research and Standards committee of Australian Pipeline industry association (APIA) . Committee Member of Australian standards association (AS 2885 ME 038.2 and ME038.5) . Committee Member of number of standards associations for National association of Corrosion Engineers (USA) . Abstract: This is a presentation on the topic of “Building an FPSO/FLNG (Floating production storage Vessel) to operate for a period of 40 year integrity with minimum interruption. This presentation is based on Inpex/Total FPSO for the Icthys LNG project for Western Australia. Located about 220 kilometres offshore Western Australia, Ichthys represents the largest discovery of hydrocarbon liquids in Australia in 60 years. The Ichthys LNG Project is currently in construction and is ranked among the most significant oil and gas projects in the world. The Ichthys LNG Project is effectively three mega-projects rolled into one, involving some of the largest offshore facilities in the industry, a state-of-the-art onshore processing facility and an 889 km pipeline uniting them for an operational life of at least 40 years. The project is underpinned by sales and purchase agreements that cover the total production volume of 8.4 Million metric tons a year (9.26 MM tons/yr) of LNG for 15 years with shipments scheduled to begin in 2017. Approximately 70% of the LNG will go to Japanese utilities; the remainder will go toTaiwanese markets. When operational, the project is expected to produce 8.4 MM metric tons of LNG and 1.6 MM metric tons (1.76 MM tons) of LPG per annum, along with approximately 100,000 b/d of condensate at peak. Production is scheduled for the end of 2016. The huge FPSO for this project is one of the largest and most sophisticated to be deployed worldwide & will be positioned about 3 km from the CPF (central processing platform) to treat and export the condensate. The 336 m by 59 m (1,102 ft by 193.5 ft) hull has now been launched from the dry dock at the Daewoo Shipbuilding and Marine Engineering shipyard in Okpo, South Korea. Designed with a storage capacity of nearly 1.2 MMbbl (million barrels), the FPSO will be a weather-vaning ship-shaped vessel that will be permanently moored on a non-dis-connectable turret. The turret is one of the most complex pieces of equipment used on the project.
Views: 1530 IESL_ Media
Meeting on LNG- Oommen Chandy Kerala Chief Minister
 
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OOMMEN CHANDY KERALA CHIEF MINISTER - OFFICIAL YOUTUBE CHANNEL. Thiruvananthapuram 06-09-2013: Meeting on LNG- Oommen Chandy Kerala Chief Minister
Views: 437 Oommen Chandy
Fraud in land sale, one arrested | FIR 31 July 2017
 
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Kakkanad native arrested for land cheating case Get the latest updates on Magazine News, Videos, Photos, Updates, Information and more on asianetnews.tv Click Here To Free Subscribe! ► http://goo.gl/Y4yRZG Website ► http://www.asianetnews.tv Facebook ► https://www.facebook.com/AsianetNews Twitter ► https://twitter.com/asianetnewstv Pinterest ► http://www.pinterest.com/asianetnews Vine ► https://www.vine.co/Asianet.News Get latest Malayalam News Live from our YouTube Channel
Views: 862 asianetnews
Annual Africa Gas and LNG Summit with Soji Awogbade
 
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(www.abndigital.com) The second Annual Africa Gas and LNG Summit is currently under way in Johannesburg. This year, it focuses on mastering the new dynamics of the market in Africa, as well as looking at trends and trade movements in relation to the global gas market. Soji Awogbade, a Managing Partner at Aelex in Nigeria, earlier spoke with Eleni Giokos about the industry's current status in west Africa.
Views: 396 CNBCAfrica
Mozambique signs oil exploration deals
 
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Mozambique has signed oil and gas exploration agreements as the country seeks to become a major exporter. The government signed the deals with US energy firm Exxon Mobil and Russia’s Rosneft on Monday. The agreements could lead to as much as 700 million US dollars of investment in Mozambique as the energy firms are expected to drill a minimum of 10 wells. According to the country's petroleum institute the government is also preparing to sign similar agreements with South Africa’s Sasol and It… READ MORE : http://www.africanews.com/2018/10/09/mozambique-signs-oil-exploration-deals Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 158 africanews

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