Tuesday, November 5, 2024

Rasgas News

Qatar’s LNG to Reach 110 MTPA

Qatar plans to raise its liquefied natural gas (LNG) production to 110 million tonnes per year by 2023.A report in Mubasher cited Qatargas’ CEO saying that there are many LNG projects under…

Petronet Seeks Long-term Deal to Buy US LNG

© Anatoly Kolodey / Adobe Stock

Top Indian gas importer Petronet LNG is looking to sign a deal in a year's time to buy at least 1 million tonnes of U.S. natural gas annually for a period of up to 10 years, as it pushes to…

Bangladesh Resolves FSRU Issues

(Photo: Excelerate Energy)

Bangladesh will resume liquefied natural gas (LNG) imports this week after resolving issues with its sole floating storage and regasification (FSRU) unit, a senior official said on Monday.Two cargoes, meant to be delivered on Nov.

Bangladesh Finalizes LNG Deal with Oman Trading International

© Anatoly Kolodey / Adobe Stock

Bangladesh has finalized a 10-year deal to import 1 million tonnes of liquefied natural gas (LNG) annually from Oman Trading International, two energy officials with direct knowledge of the…

GAIL Renegotiating U.S. LNG Supply Deals

Indian gas firm GAIL (India) Ltd is renegotiating its liquefied natural gas purchase deals with U.S.-based Cheniere Energy and Dominion Cove Point, Oil Minister Dharmendra Pradhan told lawmakers on Monday.

Qatar's New LNG Giant to Start Operations Jan. 1

Qatar Petroleum's merger of liquefied natural gas (LNG) producers Qatargas and RasGas will take effect on Jan. 1 when the combined entity will commence operations, industry sources said on Thursday, citing an internal company memo.

Bangladesh, Qatar to Ink 15-year LNG Import Deal

Bangladesh to take 1.8 mln T a year first 5 years, along with more spot cargoes. Bangladesh will sign a 15-year deal with Qatar's RasGas Co to import liquefied natural gas (LNG) starting in…

Qatar Seeks to Open New LNG Markets with Floating Terminals

Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural gas (LNG) via floating import terminals.

Qatar Restarts Huge Gas Field Development

Qatar has lifted a self-imposed moratorium on development of the world's biggest natural gas field, the chief executive of Qatar Petroleum said on Monday, as the world's top LNG exporter looks…

Qatar Petroleum Seeks International Projects in Cyprus, Morocco

State-owned energy giant Qatar Petroleum (QP) is exploring oil and gas in Morocco and Cyprus as it aims to expand its liquefied natural gas (LNG) assets abroad while trimming costs at home, chief executive Saad al-Kaabi said on Monday.

Qatar to Merge LNG Producers Qatargas and RasGas

Qatar will merge state-owned liquefied natural gas producers Qatargas and RasGas Co Ltd, the chief executive of Qatar Petroleum (QP) said on Sunday, in the Gulf state's latest reaction to lower energy prices.

Qatar's Barzan Gas Project to Start in November

Qatar will begin operations at its Barzan gas project in November, two people close to the matter told Reuters on Sunday, as the Gulf state strives to meet rising domestic energy demand as…

LNG Producers Face Unwanted Quandary

Global producers of liquefied natural gas (LNG) are facing a choice they probably didn't anticipate or want, but their response will likely shape the future of their industry. The dilemma facing…

India's Biggest Gas Importer Plans $3 bln Investment in Overseas Push

India's biggest gas importer Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Bangladesh and Sri Lanka among other countries, its managing director said.

Rasgas inks New LNG Deal with EDF

Qatar's RasGas said on Wednesday it signed a new agreement with French energy company EDF to deliver up to 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) starting from next year.

Qatar Petroleum to take over Export Marketing Business

Qatar's petroleum products marketing company is to be integrated within Qatar Petroleum (QP) by the end of 2016 as the country cuts costs at state-owned enterprises to contend with low oil…

Fitch: US LNG Shipments Signal Global Price Convergence

The emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural…

Qatari LNG Tanker Logjam Signals Production Maintenance

Dozens of liquefied natural gas (LNG) tankers parked in and around Qatari export facilities - the world's biggest hub for the fuel - signal that seasonal maintenance is curbing output, industry sources said.

LNG Prices Dip on Stock Builds as New Supply Looms

Asian spot LNG prices fell this week as top consumer Japan struggled with surplus stock and Chevron's new Gorgon project neared start-up, which will feed into an already oversupplied market.

Fitch: Middle East Oil & Gas Can Withstand $30 Oil

Fitch Ratings says that the ratings of the Middle Eastern oil and gas projects Ras Laffan Liquefied Natural Gas Company Limited II and Ras Laffan Liquefied Natural Gas Company Limited 3 (together…