Posts filtered by tags: Qatargas[x]


 

Buyers Are So Hungry for LNG, Tankers Are Lining Up Off #Qatar - Bloomberg

Buyers Are So Hungry for LNG, Tankers Are Lining Up Off Qatar - Bloomberg More than a dozen liquefied natural gas tankers are waiting their turn to fill up at Qatar’s port of Ras Laffan in a clear sign of how tight the global gas market has become. South Korean and Pakistani buyers are among those seeking to maximize shipments under long-term supply contracts with the Middle Eastern emirate, one of the world’s biggest natural gas exporters, according to traders with knowledge of the ma...
Tags: Travel, Qatar, Middle Eastern, Qatargas, Rupert Neil Bumfrey, Ras Laffan, Qatar Petroleum, Qatar Bloomberg, Bloomberg Seasonally


Exclusive- #Qatar Petroleum plans debut dollar public bond sale - sources | Reuters

Exclusive-Qatar Petroleum plans debut dollar public bond sale - sources | ReutersQatar Petroleum (QP) is planning its first ever U.S. dollar-denominated public international bond sale, two sources said, the latest Gulf energy giant to tap debt markets in an age of lower energy prices. The world’s top liquefied natural gas (LNG) supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of them adding it will likely raise billions of ...
Tags: Travel, Gulf, Reuters, Exxon Mobil Corp, Qatargas, Rupert Neil Bumfrey, Exclusive Qatar Petroleum, ReutersQatar Petroleum QP


#Qatar Petroleum takes over ownership of first-ever LNG plant | Reuters

Qatar Petroleum takes over ownership of first-ever LNG plant | Reuters Qatar Petroleum said on Tuesday it would take full ownership of its Qatargas 1 liquefied natural gas (LNG) plant when its 25-year contract with international investors including Exxon Mobil Corp and Total SE expires next year.The decision not to extend the contracts for the country’s first-ever LNG processing plan came as Qatar Petroleum (QP), the world’s top LNG producer, prepares to vastly expand its capacity in the co...
Tags: Travel, ExxonMobil, Credit Suisse, Reuters, Exxon Mobil Corp, Mitsui Co Ltd, Marubeni Corp, Qatargas, Rupert Neil Bumfrey, Qatar Petroleum, Reuters Qatar Petroleum, Qatar Petroleum QP


China's Sinopec awards 10-year gas tender to Qatargas: sources - Reuters

China's Sinopec awards 10-year gas tender to Qatargas: sources - Reuters:China’s Sinopec Corp has awarded a 10-year tender to buy 1 million tonnes of liquefied natural gas annually from Qatargas, two industry sources with knowledge of the matter said on Friday, to take advantage of current low prices.Sinopec has agreed to pay at a slope of 10.19% to Brent crude on a delivered ex-ship basis, said one of the sources.The deal shows how some buyers are taking advantge of the heavily oversupplied mar...
Tags: Travel, China, Sinopec, Reuters, Qatargas, Rupert Neil Bumfrey, Sinopec Corp


Indian gas importer issues force majeure notice to Qatargas - sources

India's top gas importer Petronet LNG has issued force majeure notice to Qatargas seeking to delay loading of liquefied natural gas (LNG) cargoes under long-term deals as local gas demand has dropped, two sources familiar with the matter said.
Tags: Money, India, businessNews, Petronet LNG, Qatargas


Qatargas achieves milestone with 10,000th ship loading by Qatargas RLTO - The Peninsula Qatar

Qatargas achieves milestone with 10,000th ship loading by Qatargas RLTO - The Peninsula Qatar:Qatargas Ras Laffan Terminal Operations (RLTO) has safely loaded the 10,000th cargo shipment of non-LNG product in Ras Laffan Industrial City (RLIC).Since starting operations in 2006, Qatargas has loaded more than four billion barrels of product to customers all over the world. With demand continuing to grow for the vast array of products produced in RLIC, RLTO is entrusted to handle approximately one m...
Tags: Travel, Qatargas, Rupert Neil Bumfrey, Ras Laffan, Peninsula Qatar, Qatargas Ras Laffan Terminal Operations RLTO, RLIC RLTO, Ahmad Helal Al Mohannadi, Fahad Al Khater, Abdullah Khalid Idris


Qatargas agrees on 22-year LNG supply deal with China | Reuters

Qatargas agrees on 22-year LNG supply deal with China | Reuters:Qatargas said on Monday it had agreed on a 22-year deal with PetroChina International Co, a unit of PetroChina Co, to supply China with around 3.4 million tonnes of liquefied natural gas (LNG) annually, as the nation stepped up efforts to combat air pollution.The Qatari state-owned company will supply LNG from the Qatargas 2 project - a venture between Qatar Petroleum, Exxon Mobil Corp and Total - to receiving terminals across China...
Tags: Travel, China, Shenzhen, Reuters, PetroChina Co, Qatargas, Rupert Neil Bumfrey, PetroChina International Co, Qatar Petroleum Exxon Mobil Corp, Dalian Jiangsu Tangshan


Qatar's new LNG merger to save $550 mn yearly in operation cost: QP

Qatar's new LNG merger to save $550 mn yearly in operation cost: QP:"Qatar Petroleum's merger of liquefied natural gas (LNG) producers Qatargas and RasGas will save the company two billion riyals ($550 million) annually in operation costs, QP's chief executive said on Wednesday.The new entity, which is called Qatargas, started operations on Jan. 1. Before the merger, Qatargas and RasGas were already the world's two biggest LNG producers.‘This integration is an integral part of Qatar Petroleum's ...
Tags: Travel, Qatar, Petroleum, Rasgas, Qatargas, Rupert Neil Bumfrey, Qatar Petroleum, Saad al Kaabi


Qatargas and OMV sign five year LNG agreement - The Peninsula Qatar

Qatargas and OMV sign five year LNG agreement - The Peninsula Qatar:"Qatargas Operating Company Limited (Qatargas) today announced the signing of a new Sale and Purchase Agreement (SPA) with OMV Gas Marketing & Trading (OMV). Under the terms of the agreement, Qatargas will deliver up to 1.1 million tonnes of Liquefied Natural Gas (LNG) per annum to the Austrian company for five years. Commenting on this occasion, Saad Sherida Al Kaabi, President and Chief Executive Officer of Qatar Petroleum, an...
Tags: Travel, Europe, OMV, Qatargas, Rupert Neil Bumfrey, Qatar Petroleum, Saad Sherida Al Kaabi, Al Kaabi, Peninsula Qatar, Qatargas Operating Company Limited Qatargas, OMV Gas Marketing Trading OMV, Qatargas Board of Directors


OPEC's LNG Giant Keeps Exporting Gas and Oil as Saudis Cut Ties - Bloomberg

OPEC's LNG Giant Keeps Exporting Gas and Oil as Saudis Cut Ties - Bloomberg:"Qatar, the world’s biggest seller of liquefied natural gas, can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting through their territorial waters. State producer Qatargas told Japan’s Jera Co. that it would keep supplying LNG as normal in spite of the Saudi-led severing of diplomatic ties with Qatar, Jera spokesman Atsuo Sawak...
Tags: Travel, Asia, Japan, Saudi Arabia, Opec, Qatar, Bloomberg, Iran, Dubai, Oman, Mills, Persian Gulf, Qatargas, Rupert Neil Bumfrey, Jera, JERA Co


UPDATE 1-Qatargas agrees to double LNG supplies to Poland | Reuters

UPDATE 1-Qatargas agrees to double LNG supplies to Poland | Reuters:"State-owned Qatargas has agreed to double volumes of liquefied natural gas (LNG) it supplies to Poland's gas firm PGNiG to 2 million tonnes per year at a price that may have positive impact on PGNiG's bottom line, the companies said. The agreement comes as Poland is struggling to reduce its reliance on supplies of Russian gas, while a deepening global gas glut offers opportunities to bring in cheap LNG from Qatar and elsewhere....
Tags: Travel, Asia, Europe, Qatar, Poland, Reuters, State, Qatargas, Rupert Neil Bumfrey


Qatar to merge state-owned giant gas producers | The National

Qatar to merge state-owned giant gas producers | The National: "Qatar, the world’s largest liquified natural gas producer, announced on Sunday it is to merge state-owned Qatargas and RasGas to create a "truly unique global energy operator".Saad Sherida Al Kaabi, president and chief executive of state-owned Qatar Petroleum, said the move to the merger would begin right away and the companies would begin operating under a single entity, named Qatargas, within 12 months.He said the move would save ...
Tags: Travel, Qatar, Rasgas, Qatargas, Rupert Neil Bumfrey


Qatargas unveils $1bn gas recovery plan

DOHA: Qatargas has announced the safe start-up of the Jetty Boil-off Gas Recovery Project in Ras Laffan Industrial City. This landmark $1bn environmental project is designed to eliminate flaring at the LNG Terminal. [Link to media]
Tags: Doha, Qatargas, Ras Laffan Industrial City