LEAD STORY
Wednesday, 28 February 2007 13:45
Invensys offers LNG control system solutions along the supply chain
Written by
John M Gilmore Jr., Director of Upstream Oil & Gas at Invensys Process Systems
Building an LNG receiving terminal and its associated infrastructure is a multimillion dollar investment and developers have to focus on more than the design and construction of the physical facilities.
The main objective is to deliver natural gas to a local customer and meeting that goal in a safe, reliable, and cost-effective manner requires the balancing of many factors in the design of an enterprise control systemfor a new facility.
Building an LNG receiving terminal and its associated infrastructure is a multimillion dollar investment and developers have to focus on more than the design and construction of the physical facilities.
The main objective is to deliver natural gas to a local customer and meeting that goal in a safe, reliable, and cost-effective manner requires the balancing of many factors in the design of an enterprise control systemfor a new facility.
Published in
Jan 2007
Wednesday, 28 February 2007 13:40
World’s newest LNG terminal in Mexico set new industry standard
Written by
Engineers outline challenges faced in completing the Altamira LNG import terminal in just 33 months from the contract awards to gas deliveries
Romel S. Bhullar and Sander P.B. Lemmers, Fluor Corp.
The Altamira LNG project, developed by a consortium made up of Royal Dutch Shell, France’s Total and Mitsui & Co of Japan, was conceived as part of Mexico’s programme to privatize its energy industry and open up to foreign investors.
Romel S. Bhullar and Sander P.B. Lemmers, Fluor Corp.
The Altamira LNG project, developed by a consortium made up of Royal Dutch Shell, France’s Total and Mitsui & Co of Japan, was conceived as part of Mexico’s programme to privatize its energy industry and open up to foreign investors.
Published in
Jan 2007
Also in this issue
A round-up of latest events, company and industry news
Published in
Jan 2007
Wednesday, 28 February 2007 13:31
Islamic finance seeks to build LNG portfolio after initial Qatargas success
Written by
In the first of a three-part series on LNG finance and risk from leading international law firm White & Case, whose LNG portfolio includes all four Qatargas projects to date, Sakhalin II and the planned Brass LNG in Nigeria, partner Craig Nethercott examines developments in Islamic finance
According to an International Monetary Fund paper there are now more than 300 Islamic financial institutions around the world, compared with only one in 1975, with assets estimated at more than $250 billion.
According to an International Monetary Fund paper there are now more than 300 Islamic financial institutions around the world, compared with only one in 1975, with assets estimated at more than $250 billion.
Published in
Jan 2007
Wednesday, 28 February 2007 13:25
LNG trading model offered for European sector of the Atlantic Basin market
Written by
Philippe Lautard, Total Gas & Power
Total, with the fourth-largest natural gas reserves in the world among oil majors and annual output of 49 billion cubic metres, has been involved in the LNG industry since its inception.
As in the case of the vast majority of upstream players, Total is in associated partnerships to produce and market LNG directly to counterparties on a long-term basis.
For more recent projects and development ventures, in Middle East and Nigeria as well as Norway, Total is targeting liberalized markets within the Atlantic Basin which allow market access in a competitive way.
Total, with the fourth-largest natural gas reserves in the world among oil majors and annual output of 49 billion cubic metres, has been involved in the LNG industry since its inception.
As in the case of the vast majority of upstream players, Total is in associated partnerships to produce and market LNG directly to counterparties on a long-term basis.
For more recent projects and development ventures, in Middle East and Nigeria as well as Norway, Total is targeting liberalized markets within the Atlantic Basin which allow market access in a competitive way.
Published in
Jan 2007
Wednesday, 28 February 2007 13:21
LNG production grows as 2007 sees new wave come on stream
Written by
Demand for LNG is expected to be more than 150 million tonnes during 2007, the equivalent of 20 billion cubic feet per day of natural gas, and will reach 375 MTPA by 2015 as production expands and the global reception terminal network grows.
This year sees Qatar take its place as the largest LNG exporter in the world, clearly overtaking Indonesia, after RasGas commissioned its Train 5 to push Qatar’s LNG production close to 30 MTPA.
This year sees Qatar take its place as the largest LNG exporter in the world, clearly overtaking Indonesia, after RasGas commissioned its Train 5 to push Qatar’s LNG production close to 30 MTPA.
Published in
Jan 2007
