It was reported today from Qatar by Hindu.com that Qatar has said it will consider offering a major chunk of the Liquefied Natural Gas (LNG) on a priority basis to India after its expanded capacity of 77 Million Metric Tonnes (MMT) becomes operational by 2010.
It was reported today from Qatar by Hindu.com that India will be getting the second tranche of 2.5 MMT per year of LNG by 2009 from Qatar.
It was reported today from Qatar by Hindu.com that India has already got 5 MMT per year during 2004 taking the total supply to 7.5 MMT under the 25-year agreement signed with the state-owned oil company RasGas.
It was reported today from Qatar by Hindu.com that India’s Petroleum and Natural Gas Minister Murli Deora, who returned from a two-day visit to Qatar, said here on Tuesday that the assurance was given by the Emir Sheikh Hamad bin Khalifa Al-Thani and the Deputy Prime Minister and Minister of Energy, Abdullah bin Hamad Al-Attiyah during his two-day stay in Doha.
It was reported today from Qatar by Hindu.com that the Emir of Qatar also extended an invitation to Prime Minister Manmohan Singh to visit Qatar to strengthen the bond of friendship and cooperation between the two nations.
Wednesday, October 31, 2007
Tuesday, October 30, 2007
Rocky Mountain Natural Gas Pipeline
It has been reported by the Dow Jones news line website that the Rockies Express Pipeline, being built between the natural gas-rich Rocky Mountains and markets in the Midwest and Ohio, might be expanded as far east as New Jersey, the project's developers said Monday.
It has been reported by the Dow Jones news line website that Kinder Morgan Energy Partners (KMP), Sempra Energy (SRE) unit Sempra Pipelines & Storage, and ConocoPhillips (COP), which are developing the project as a joint venture, said they were soliciting market interest in a proposal to extend the pipeline 375 additional miles from its original endpoint in Clarington, Ohio, to Princeton, N.J.
It has been reported by the Dow Jones news line website that the companies issued an "open season," or request, for non- binding bids from interested customers for contract terms of 10 years or more to ship natural gas using the proposed extension. Service on the proposed line would start Jan. 1, 2011, under the request.
It has been reported by the Dow Jones news line website that Kinder Morgan Energy Partners (KMP), Sempra Energy (SRE) unit Sempra Pipelines & Storage, and ConocoPhillips (COP), which are developing the project as a joint venture, said they were soliciting market interest in a proposal to extend the pipeline 375 additional miles from its original endpoint in Clarington, Ohio, to Princeton, N.J.
It has been reported by the Dow Jones news line website that the companies issued an "open season," or request, for non- binding bids from interested customers for contract terms of 10 years or more to ship natural gas using the proposed extension. Service on the proposed line would start Jan. 1, 2011, under the request.
China Natural Gas News
It has been reported today from China via the news website dailychina.com that natural gas output is set to almost triple by 2020 as the country's top producer steps up exploration and exploitation, a top expert told an energy forum in Beijing Monday.
"Gas production will increase fast with the estimated 2020 production hitting 150 billion cubic meters (bcm)," Qiu Zhongjian, an academician at the Chinese Academy of Engineering, told the forum hosted by the China National Committee of World Petroleum Council.
It has been reported today from China via the news website dailychina.com that of the 58.6 bcm of natural gas extracted last year, PetroChina contributed 70 to 80 percent, said Jia Chengzao, vice-president of PetroChina and academician at the Chinese Academy of Sciences.
It has been reported today from China via the news website dailychina.com that this year, PetroChina plans to prove 100 bcm of natural gas at Songliao Basin, where Daqing and Jilin oilfields are located.
It has been reported today from China via the news website dailychina.com that PetroChina is confident of the appraisal results of its Sichuan Longgang Gasfield - whose reserves are believed to be the highest in the country - but Jia would not put a figure to it.
It has been reported today from China via the news website dailychina.com that Also in Sichuan Province, the Guang'an region is believed to hold 1 trillion cubic meters of natural gas, Jia revealed yesterday.
"The potential is huge in Guang'an, with reserves in place reaching 145 bcm in 2006," he said.
"Gas production will increase fast with the estimated 2020 production hitting 150 billion cubic meters (bcm)," Qiu Zhongjian, an academician at the Chinese Academy of Engineering, told the forum hosted by the China National Committee of World Petroleum Council.
It has been reported today from China via the news website dailychina.com that of the 58.6 bcm of natural gas extracted last year, PetroChina contributed 70 to 80 percent, said Jia Chengzao, vice-president of PetroChina and academician at the Chinese Academy of Sciences.
It has been reported today from China via the news website dailychina.com that this year, PetroChina plans to prove 100 bcm of natural gas at Songliao Basin, where Daqing and Jilin oilfields are located.
It has been reported today from China via the news website dailychina.com that PetroChina is confident of the appraisal results of its Sichuan Longgang Gasfield - whose reserves are believed to be the highest in the country - but Jia would not put a figure to it.
It has been reported today from China via the news website dailychina.com that Also in Sichuan Province, the Guang'an region is believed to hold 1 trillion cubic meters of natural gas, Jia revealed yesterday.
"The potential is huge in Guang'an, with reserves in place reaching 145 bcm in 2006," he said.
China Gas Pipeline Complete
The dailychina.com website reported today from Yichang that construction of a tunnel under the Yangtze River that will form part of a gas pipeline project running from Sichuan Province to Shanghai was completed Monday.
The dailychina.com website reported today from Yichang that The 1.4-km, 3.08-m diameter tunnel sits 20 m beneath the riverbed and connects two wells on either side of the river in Yichang city, Hubei Province, Liu Juzheng, head of the Hubei section of the pipeline, said.
The dailychina.com website reported today from Yichang that With a total length of 2,203 km, the pipeline will serve as an "energy artery" as part of the West-East gas project, Liu said.
The dailychina.com website reported today from Yichang that The pipeline is expected to channel 12.1 billion cu m of natural gas a year from the Puguang field in Sichuan to central and eastern regions of the country, including Chongqing Municipality, the provinces of Hubei, Anhui, Jiangxi, Jiangsu and Zhejiang, and Shanghai Municipality.
The dailychina.com website reported today from Yichang that The tunnel, which took 325 days to complete, is the first of five to be built under the Yangtze.
The dailychina.com website reported today from Yichang that The 1.4-km, 3.08-m diameter tunnel sits 20 m beneath the riverbed and connects two wells on either side of the river in Yichang city, Hubei Province, Liu Juzheng, head of the Hubei section of the pipeline, said.
The dailychina.com website reported today from Yichang that With a total length of 2,203 km, the pipeline will serve as an "energy artery" as part of the West-East gas project, Liu said.
The dailychina.com website reported today from Yichang that The pipeline is expected to channel 12.1 billion cu m of natural gas a year from the Puguang field in Sichuan to central and eastern regions of the country, including Chongqing Municipality, the provinces of Hubei, Anhui, Jiangxi, Jiangsu and Zhejiang, and Shanghai Municipality.
The dailychina.com website reported today from Yichang that The tunnel, which took 325 days to complete, is the first of five to be built under the Yangtze.
Monday, October 29, 2007
Qatar Natural Gas
Qatar has reported today that the Emir H H Sheikh Hamad bin Khalifa Al Thani is scheduled to make the opening speech at the 6th Doha Conference on Natural Gas which gets under way at the Sheraton Doha today.
Qatar has reported today that Deputy Premier and Minister of Energy and Industry H E Abdullah bin Hamad Al Attiyah will make the ministerial speech. Qatar has reported today thatIndia’s Minister of Petroleum and Natural Gas Murli Deora will make the keynote address.
Qatar has reported today that Deputy Premier and Minister of Energy and Industry H E Abdullah bin Hamad Al Attiyah will make the ministerial speech. Qatar has reported today thatIndia’s Minister of Petroleum and Natural Gas Murli Deora will make the keynote address.
Indian Natural Gas Is Up Again
It has been announced today that Gujarat Gas, an Indian subsidiary of British Gas and the largest city gas distribution company in India, is likely to witness a strong growth in topline and bottomline in the coming quarters, thanks to additional supplies of natural gas.
Gujarat Gas'supply contract with Panna-Mukta-Tapti (PMT) consortium became operational in September ’07. This will add nearly 50% to Gujarat Gas' supply contracts volumes once it becomes fully operational. In view of this, investors can consider investing in this company with a 12-month perspective
Gujarat Gas'supply contract with Panna-Mukta-Tapti (PMT) consortium became operational in September ’07. This will add nearly 50% to Gujarat Gas' supply contracts volumes once it becomes fully operational. In view of this, investors can consider investing in this company with a 12-month perspective
Saturday, October 27, 2007
Oil & Natural Gas Corporation Offering
Reuters reported a story that India's Oil and Natural Gas Corp is planning on conductiong an initial public offering of their subsidiary ONGC Petro-additions Ltd. (OPaL), a special purpose vehicle for a new petrochemicals plant, which the India Business Standard reported on Saturday, India time.
"We are planning an IPO of OPaL after the other equity partner or partners to the project are finalized," R.S. Sharma, Chairman and Managing Director of ONGC was quoted as saying.
"We are not in a hurry and it could happen by early next year." An ONGC spokesman said he could not immediately comment on the report.
"We are planning an IPO of OPaL after the other equity partner or partners to the project are finalized," R.S. Sharma, Chairman and Managing Director of ONGC was quoted as saying.
"We are not in a hurry and it could happen by early next year." An ONGC spokesman said he could not immediately comment on the report.
Subscribe to:
Posts (Atom)