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| oil and gas |
Qatar Looks Beyond Fuel to Robotics Leadership
July 18, 2018
You have heard of Qatar, but how well do you know the Middle Eastern country? More importantly, how well do you know its potential for robotics growth? Qatar (locals pronounce it “kuh-TAR”) boasts the highest per-capita gross domestic product in the world, according to the CIA’s 2017 World Factbook. As of last year, the average person earned"...
Oxy Qatar, QYH sign new sponsorship agreement
July 11, 2018
Occidental Petroleum of Qatar Ltd (Oxy Qatar) and Qatar Youth Hostels Association (QYH) have signed a sponsorship agreement to support youth tourism activities carried out by QYH.
These activities are being carried out through a number of initiatives and programmes such as ‘Discover Qatar in 144 Hours’ and ‘Qatar Explorer Guide’ as part of the role of Oxy Qatar in community development, according to press statement.
The supporting programmes are concerned with youth development and care"...
Sumitomo SHI FW Wins Contract for Biomass CFB Boiler Island
July 11, 2018
Sumitomo SHI FW (SFW) announces today that it has been awarded a contract by GS Engineering and Construction for design and supply of the Dangjin Biomass No. 2 Power Plant Project Boiler Island. The new boiler island will be located next to the Dangjin Biomass No. 1 Power Plant which was delivered by SFW in 2014. Commercial operation of the new plant is scheduled for 2021. SFW will design and supply the 100 MWe CFB steam generator and auxiliary equipment for the boiler island, including a cold end SCR and baghouse for flue gas cleaning. The steam generator will be designed to burn wood pellets, wood chips and palm kernel shells, while meeting applicable environmental regulatory requirements. Tomas Harju-Jeanty, CEO, Sumitomo SHI FW, said: “We are very pleased to continue our long relationship with GS E&C and provide yet another opportunity to demonstrate SFW’s CFB technology......
European Commission Takes Aim at Qatar's LNG Contracts
July 10, 2018
The statements, opinions and data contained in the content published in Global Gas Perspectives are solely those of the individual authors and contributors and not of the publisher and the editor(s) of Natural Gas World. European Commission Takes Aim at Qatar’s LNG Contracts Japan Fair Trade Commission‘s recent market study on clauses in LNG SPAs indicates that agreements may run afoul of Japanese antimonopoly laws. European Union (EU) cases may provide guidance on the application of competition law to destination clauses, diversion clauses, profit-sharing clauses and take-or-pay clauses. The European Commission (EC), having just concluded its seven-year investigation into Gazprom, has opened an investigation into “destination clauses” in Qatar Petroleum’s LNG supply agreements with EEA importers. Previous EC investigations into destination clauses in LNG and pipeline gas agreements suggest that commitments from Qatar Petroleum are a more likely outcome than a fine. The investigation is likely to conclude sometime in the next three......
Economic Growth Driven by Oil & Gas and Non-oil Industries Attract Investment Bloom in Iraq, Says Frost & Sullivan
July 9, 2018
The government of Iraq is committed to implementing a stable macroeconomic framework driven by significant growth potential in the oil and gas sector as well as non-oil industries. A potential leader in emerging markets, Iraq offers unlimited investment opportunities and requires over USD 30 billion of foreign direct investment (FDI) per annum. After three years under combat operations, the end of Iraq’s war against the Islamic State (ISIS)"...
Qatar could win the race for new liquefaction projects FIDs
July 7, 2018
In April 2017, Qatar lifted the North Field natural gas production moratorium that had been in place since 2005. This will allow Qatargas to increase production from the world’s largest gas field and export more LNG volumes. The company has plans to build three new liquefaction trains with a total capacity of 23.4 million t. This would lift the country’s total export capacity to 100 million t (+30%). The expansion comes at a time when"...
Qatar Petroleum pumps US$20b into US oil, gas
June 28, 2018
QATAR Petroleum, the world's biggest seller of liquefied natural gas (LNG), is looking to get even larger, investing US$20 billion in America's oil and gas fields at a time when rival US exporters are expanding. The investments will be made over five years, chief executive officer Saad Sherida al-Kaabi said in an interview with Bloomberg News in Washington. Some of that will likely go towards lining up gas supplies for the Golden Pass LNG"...
European Commission to investigate Qatar Petroleum contracts
June 26, 2018
The European Commission has opened an investigation into restrictions to the free flow of gas sold by Qatar Petroleum in Europe. The aim of the investigation is to establish if the sale of gas by Qatar Petroleum contracts contain any anticompetitive agreements or concerted practices, such as denying the importer of the gas in one territory the right to resell into another territory. The"...
Al Sada: Qatar working hard to boost energy output
June 24, 2018
The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, affirmed in Vienna yesterday that the health of Qatari economy is very robust, and the country is striving to boost energy production domestically as well as in overseas to meet the growing demand of the global economy. “Our economy is a very healthy one. The proof is the numerical that you will get to see…We are working very hard to develop further our oil sector,"...
Al Sada warns of slow return of investments to oil sector
June 23, 2018
Minister of Energy and Industry H E Dr Mohammad bin Saleh Al Sada, warned of the impact of the slow return of investments to the oil sector on the market supply. In his speech at the 7th OPEC International Seminar, held under the theme “World Economy and the Future of Oil” Dr. Al Sada, said that without further investment, liquids supply would decline steeply leading to major price fluctuations down the line. Dr"...
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