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| oil and gas |
Pakistan LNG imports from Qatar reach 140,000 cubic metres per month
September 24, 2017
Pakistan’s import of liquefied natural gas (LNG) from Qatar has reached to 140,000 cubic meters, official media said here on Saturday. At present, five cargoes with a combined capacity of around 140,000 cubic metres LNG or 500 million cubic feet per day (mmcfd) gas is being imported from Qatar on a monthly basis.
Reports quoting official sources said that the state-owned Pakistan State Oil (PSO) signed a 15-year agreement with"...
LNG imports from Qatar touch 140,000 cubic metres per month
September 23, 2017
The government is importing around 500 million cubic feet per day (mmcfd) liquefied natural gas (LNG) every month to meet energy needs of the country, official sources in Ministry of Energy’s Petroleum Division said on Friday. At present, five cargoes with a combined capacity of around 140,000 cubic metres LNG or 500 mmcfd gas is being imported from Qatar on a monthly basis, they told APP. “This, on an annual basis, is around 3.75 million ton per annum (MTPA) whereas another 0.75 MTPA LNG is imported through term tender arrangements which are not origin specific,” sources said, adding that a total of 4.5 MTPA LNG is being currently imported in the country.” Answering a question, they said that the state-owned Pakistan State Oil (PSO) signed a15-year agreement with Qatar in February 2016 for LNG imports with 76 LNG cargoes bought from Qatargas so far. The agreement......
Pak-Qatar LNG best deal in country’s history: Senate told
September 20, 2017
Brushing aside the impression that
the Pak-Qatar LNG accotrd was expensive, Minister of State for
Petroleum Jam Kamal Tuesday informed the Senate that it was
the best deal for import of gas done in the country’s history.
Winding up discussion on an adjournment motion about
Pak-Iran and TAPI gas pipeline projects and consequences
of importing costly LNG from Qatar, the minister
said liquefied natural gas (LNG) was being imported under the
Brent-Formula mechanism from Qatar."...
QEWC says land for solar power project is allocated
September 19, 2017
Land has been allocated for a 500MW to 1,000MW solar power project in Al Kharsaah, about 80km west of Doha, a top official of Qatar Electricity and Water Company (QEWC) announced yesterday.
“The project cost will be nearly $500mn in the first phase when 500MW is generated by mid-2020,” QEWC general manager and managing director Fahad Hamad al-Mohannadi explained, Qatar News Agency (QNA) reported.
“Investor companies will be named soon, with global firms taking part as well so as to support the"...
Synetics: Oil and Gas Surveillance Specialist Wins Multiple Middle East Contracts
September 18, 2017
(AETOS Wire)-- Surveillance solutions business Synectics has secured multiple contracts for onshore and offshore oil and gas developments, spanning Egypt, Saudi Arabia, the UAE and Iran. Encompassing a broad mix of Synectics’ surveillance and security management solutions, the contracts will see the business deploy over 700 COEX™ camera stations across the Middle East region – in a number of cases incorporating new, customer-led feature developments. Off the Egyptian coast, Synectics will be providing an offshore platform with a range of C3000 HD IP, C2000 HD IP and C2000 (PTZ and fixed) camera stations, with specific models featuring new onboard analytics capabilities developed to meet the customer brief. The COEX camera stations, compatible with the on-site VMS, will enable edge-based tripwire detection, negating the need for separate analytics integration. Darren Alder,......
Kuwait Oil Company Awards Major Contract to Grandweld Shipyards
September 17, 2017
Grandweld Shipyards has secured a contract to design, Construct and deliver four crew boats and six pilot boats for Kuwait Oil Company. The contract was signed on May, 2017 by Mr. Ismail Abdulla, Deputy Chief Executive Officer of Kuwait Oil Company, and Mr. Jamal Abki, General Manager of Grandweld Shipyards. The 25meter long Aluminum fast crew boats, with a deck area of 40 square meters will be propelled"...
Qatar to sign LNG deal with Bangladesh
September 16, 2017
Qatar will sign a 15-year agreement with Bangladesh to export liquefied natural gas (LNG) starting from 2018. According to the agreement, which will be signed on September 25, Qatar’s RasGas will provide to Bangladesh an annual of 1.8 million tonnes of LNG for the first five years and 2.5 million tonnes a year for the remaining 10 years. The agreement is considered"...
In full text: Al Sada says Qatar delivered all oil and gas shipments to customers despite the siege
September 13, 2017
HE Minister of Energy and Industry Dr. Mohammed bin Saleh Al Sada announced that the State of Qatar has delivered all its oil and gas shipments for its costumers despite the siege imposed on it. Addressing a session organized by the Foreign Ministry's Diplomatic Institute on Tuesday night, HE Dr. Al Sada underlined that this commitment has shown that Qatar has always been reliable in dealing with its customers from oil and gas consuming countries"...
Newmont Ranked Mining Industry Leader by Dow Jones Sustainability World Index for Third Consecutive Year
September 9, 2017
(AETOS Wire)-- For an unprecedented third year in a row, Newmont Mining Corporation (NYSE: NEM) was ranked by the Dow Jones Sustainability World Index (DJSI World) as the mining industry’s overall leader in sustainability. Newmont’s inclusion on the index also marked the 11th consecutive year the company has been selected for the DJSI World. This year, 942 companies participated in RobecoSAM’s Corporate Sustainability Assessment (CSA), which evaluates and ranks the highest-scoring companies on the DJSI – one of the most rigorous and highly regarded sustainability indices in the world. Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006. “This recognition reflects our team’s deep commitment to sustainability and continuous improvement, which translates into safe working conditions and good jobs for employees; sustainable economic development for our host communities; responsible environmental management; and strong returns and growth prospects for......
Qatar fuel prices to remain stable in September
August 31, 2017
The cost of fuel in Qatar next month will be unchanged from August’s pump prices, Qatar Petroleum has announced. Premium (91 octane) petrol and diesel will remain at QR1.50 a liter in September. And Super grade (95 octane) petrol will continue to cost QR1.60/liter, QP tweeted. Last month, prices for both grades of petrol fell 5 dirhams, and were at their lowest since the beginning of this year. Meanwhile, diesel has stayed stable since July. The static prices will likely come as a relief to residents. They have seen increases in some living costs, especially food, in recent weeks due to the ongoing the blockade by neighboring Gulf states and Egypt. Price hikes Until May last year, the Qatar government fixed the prices of fuel. However, since then, costs have been allowed to fluctuate based on market conditions. The goal was to “raise the efficiency of energy use in the country......
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