Page 43 - Floating Storage News Today

Cash bleeding SOEs face loss of Rs429 bn in two years — II Top Story March 10, 2021 ISLAMABAD: The line ministry for all SOEs in the oil and gas sector is M/o Energy. The Petroleum Division of M/o Energy deals with oil and gas sector while the power sector companies are under the purview of Power Division. These include oil and gas (8), exploration & development (3), marketing & distribution (3), refineries (2). Overall, the oil and gas companies remain the backbone of the GoP SOE portfolio...

Qatar Petroleum enters LNG supply deal with Pakistan DOHA, March 1, 2021 Qatar Petroleum has entered into a new long-term Sale and Purchase Agreement (SPA) with Pakistan State Oil Company Limited (PSO) for the supply of up to 3 million tons per annum (MTPA) of liquefied natural gas (LNG) to Pakistan. Under the 10-year agreement, LNG deliveries to Pakistan’s world-class receiving terminals will commence in 2022 and continue until the end of 2031. The SPA was signed in Islamabad by Saad Sher...

Qatar Petroleum (QP) has entered into a new long-term Sale and Purchase Agreement (SPA) with Pakistan State Oil Company Limited (PSO) for the supply of up to 3 million tons per annum (MTPA) of liquefied natural gas (LNG) to the Islamic Republic of Pakistan. Under the 10-year deal, LNG deliveries to Pakistan’s world-class receiving terminals will begin in 2022 and continue until the end of 2031. This is the second such agreement the two sides have signed since 2016 when Qatargas signed a long-...

 26 Feb 2021 - 16:05 QNA Doha: Qatar Petroleum entered into a new long-term Sale and Purchase Agreement (SPA) with Pakistan State Oil Company Limited (PSO)for the supply of up to 3 million tons per annum (MTPA) of liquefied natural gas (LNG) to the Islamic Republic of Pakistan. Under the 10-year agreement, LNG deliveries to Pakistans world-class receiving terminals will commence in 2022 and continue until the end of 2031. The SPA was signed in Islamabad by HE Saad bin Sherida Al Kaabi, the Mi...

Indias Permanent Representative to the UN Ambassador T S Tirumurti noted with concern that formidable economic, security and political challenges confronting the people of Yemen have only increased leaving them in acute need of humanitarian assistance.

Modern Diplomacy Syria continues to offer the ground where Russia and the United States compete over control of oil and gas fields and the transportation routes that bring energy to consumers. Russia seeks to expand its energy footprint in Syria to build influence over rebel-controlled areas in Northeast Syria that are backed by the American military and over neighbouring Lebanon through Syria’s Mediterranean coast. The Syrian government’s decision to sign exploration and production contrac...

Disheartening that there is no end in sight to decade-long conflict in Yemen: India in UN India stressed that the most pressing issue of all is the need to end the conflict as he pointed out that grave food insecurity and hunger are clustered in areas affected by the conflict. Share Via Email   |  A+A A- By PTI UNITED NATIONS: India has said it is disheartening that there is no end in sight to the decade-long conflict in Yemen and stressed that a peaceful political settlement that takes...

UNITED NATIONS, Feb 19: India has said it is disheartening that there is no end in sight to the decade-long conflict in Yemen and stressed that a peaceful

ABS Grants AIP for HHI’s Floating Storage and Offloading Design ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI Group) design for a Floating Storage and Offloading (FSO) vessel that is intended for operations in Mexican waters. The two-million-barrel cargo tank capacity design was reviewed for its compliance with the ABS Guide for Floating Production Installations. “As a leader in offshore classification, with a long track record of supporting industry innova...

The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas th...