Arabtoday - Tag

LNG

UK’s South Hook to get first non-Qatari LNG tanker

London - Arab Today

Britain’s South Hook liquefied natural gas (LNG) terminal is scheduled to receive its first tanker of LNG not supplied by Qatar at the end of this month. Commodities trader Vitol said it would import LNG in the Yari tanker into South Hook on Oct. 31. The tanker is coming from the Sabine Pass LNG terminal in the US. The SouthRead more

LNG production in Russia could reach 83 mln tonnes by 2035 "Energy Ministry"

Yuzhno-Sakhalinsk - TASS

Russia can increase production of liquefied natural gas (LNG) to 83 mln tonnes by 2035 from the current 21 mln tonnes, Head of Department of Oil and Gas Production and Transportation at the Russian Energy Ministry Alexander Gladkov said at the Sakhalin Oil & Gas Conference & Exhibition. "From the current 21 mln tonnes, LNG production in Russia will growRead more

Tokyo supports participation of Japan’s companies in LNG projects with Russia

Tokyo - TASS

Companies from Japan are proactively discussing participation in liquefied natural gas (LNG) projects with the Russian side, including in the Arctic Region and Kamchatka, and the government of Japan is ready to support participation in them, Japanese Economy, Trade and Industry Minister Hiroshige Seko said in an interview with TASS in the run-up to the 4th Eastern Economic Forum inRead more

Merger creates state-owned gas giant

Doha - Arab Today

Qatar said Wednesday that the two state-owned firms running the country's natural gas business had merged in a move aimed at cutting costs and creating a global energy giant. Qatargas and RasGas, operators of the wealthy emirate's liquefied natural gas (LNG) industry, were merged under the brand name Qatargas. Qatar is the world's largest exporter of LNG and the tie-upRead more

Prime Minister breaks ground for 1263MW Punjab Power Plant

Islamabad - Arab Today

Prime Minister Shahid Khaqan Abbasi Saturday performed the groundbreaking of Punjab Power Plant here to produce 1263 megawatt of electricity as another step forward towards brighter Pakistan making it self-sufficient in energy sector. The prime minister was accompanied by Chief Minister Punjab Shehbaz Sharif as they unveiled the plaque to launch work on the project being executed in Haveli BahadurRead more

Qatar’s ‘risky’ LNG ramp-up

London - Arab Today

Qatar’s decision to significantly expand output of liquefied natural gas (LNG) from the massive North Field in the Arabian Gulf carries significant risk, according to US-based research group Rapidan Energy Group. Even though maritime routes through the Gulf, Strait of Hormuz and the Suez Canal have remained open to tankers carrying Qatari LNG in the wake of the dispute betweenRead more

Continuous gas supply vital for consumers; essential for economic prosperity

Islamabad - Arab Today

Prime Minister Shahid Khaqan Abbasi on Thursday said that continuous gas supply was vital for domestic and industrial consumers and essential for the economic prosperity of the country. The present government had worked tirelessly to overcome energy deficit of Pakistan and LNG terminals have been established in record period, he added. The Prime Minister expressed these views after witnessing theRead more

PML-N govt. determined to end energy issues: PM

Karachi - Arab Today

Prime Minister Shahid Khaqan Abbasi Saturday said the PML-N government had promised to mitigate energy crisis in the country when it came to power. “Today, our endeavors are not only leading the country towards energy self-sufficiency but also towards efficient energy self- sufficiency,” he observed with satisfaction during a briefing at Fauji Oil Terminal & Distribution Company Limited (FOTCO) aboutRead more

Australia plans LNG export limits to meet domestic gas crunch

Sydney - NNA

Australia's conservative government has proposed a radical plan to restrict exports of liquefied natural gas (LNG) at times when domestic shortages push up local prices. The Australian Domestic Gas Security Mechanism is aimed at ensuring the domestic price of gas is affordable and reflects global export prices. The proposal follows two rounds of meetings between Prime Minister Malcolm Turnbull andRead more

India renegotiates LNG deal with Exxon

NEW DELHI - Arab Today

India has renegotiated the pricing of liquefied natural gas (LNG) imported from Australia’s Gorgon project to make the imported fuel affordable to price-sensitive domestic customers, oil minister Dharmendra Pradhan said on Saturday. India has been trying to leverage its position as one of the biggest energy consumers to strike better bargains for its companies. In 2015 it renegotiated the LNGRead more