Pakistan seeks more LNG as Russian crude oil deal starts and Turkmenistan natural gas pipeline project revived
Pakistan has formally moved out of the economic vulnerability phase and will start making payments to multilateral lenders on time while seeking bilateral debt restructuring that will help improve the timing of liquefied natural gas deliveries while the Asian nation has also just started importing cut-price Russian oil.
Pakistan in huge LNG cargo bid
Energy strapped Pakistan has asked for bids for 72 LNG cargoes over a six-year period.
Royal Vopak of Netherlands increases revenues and profits while helping Germany’s LNG import ambitions
Royal Vopak, the Netherlands-based global storage company with stakes in liquefied natural gas terminals and a new LNG import project for Hong Kong, increased its first-quarter revenues and net profits as it also helped Germany’s LNG import ambitions.
Russia seeks to be LNG supplier to Pakistan and again raises issue of most difficult gas pipeline to build
Russia has confirmed that Pakistan had been offered liquefied natural gas supplies as Russian natural gas companies broaden their delivery capability with projects such as Novatek’s Arctic LNG expansion.
Pakistan considers bids for largest LNG cargo tender with four firms in running to be chosen
The LNG and energy trading subsidiaries of Eni of Italy, China National Petroleum Corp., Socar of Azerbaijan and global commodities firm Trafigura are among the leading participants in the largest ever tender for 240 cargoes issued by Pakistan and for delivery to a Singapore-owned import facility near Karachi.
Scheduled LNG cargoes
Oct 10 (LNGJ) - The 177,000 cubic metres capacity carrier “Spirit of Hela” was unloading a cargo on October 10 at the Chinese Qingdao terminal owned by Sinopec from the Oceania nation of Papua New Guinea whose export plant is operated by ExxonMobil. The 75,500 cubic metres capacity Med-Class carrier “Cheikh Bouamama” will deliver a shipment on October 12 to the Cartagena terminal in southeast Spain from the Skikda plant in Algeria operated by Sonatrach. The 210,100 cubic metres capacity vessel “Al Ruwais” will deliver a shipment on October 14 to the Port Qasim facilities in Pakistan from the Ras Laffan plant in Qatar.
The 141,000 cubic metres capacity vessel “LNG Akwa Ibom” will unload a cargo on October 15 at the Indian Dahej terminal near Mumbai from the Bonny island plant in Nigeria. The 176,300 cubic metres capacity carrier “Rioja Knutsun” will deliver a US shipment on October 16 to the Huelva terminal in southwest Spain from the Sabine Pass plant in Louisiana, owned by Cheniere Energy. The 177,000 cubic metres capacity vessel “LNG Lagos II” will deliver a Nigerian cargo on October 17 to the Marmara Ereglisi terminal in Turkey.
The 210,000 cubic metres capacity Q-Flex carrier “Al Nuaman” is scheduled to deliver a Qatargas cargo on October 20 to the Belgian Zeebrugge terminal. The 150,000 cubic metres capacity carrier “Ob River” will unload a shipment on October 20 at the Japanese Mitzushima terminal owned by Nippon Oil from the Russian Sakhalin Island plant.
Qatar Petroleum CEO holds talks with Pakistani PM amid plan for third floating import facility
Qatar Petroleum President and Chief Executive Saad Sherida Al-Kaabi has held talks in Islamabad with Pakistani Prime Minister Imran Khan centering on more liquefied natural gas supplies for the Asian nation as it plans a third import facility.
