Gas | 13 December 2023
Aramco to acquire 40% stake in Gas & Oil Pakistan
This transaction would enable Aramco to secure additional outlets for its refined products
This transaction would enable Aramco to secure additional outlets for its refined products
During the month, the Exchange traded gas flows were ~6.7 MMSCMD due to significant trades matured in previous months.
Indian gas consumption is up sharp 15% yoy to ~185 mmscmd in FY2024TD
IPM Agreement with ARC Resources expected to support Sabine Pass Expansion Project and secure increased LNG supplies into Europe
This project will be the largest-capacity cryogenic LPG storage terminal facilities at JNPT Port
The objective is to develop LPG import infrastructure and optimize LPG seaborne imports into India
The first phase of collaboration will be an engineering study into the production of methanol from biogas and syngas
The Manatee project scope is for the design, procurement, fabrication, transportation, installation, and commissioning of a wellhead platform, offshore and onshore gas pipelines
This would help mitigate nearly 2 million tonnes of carbon emissions and produce 2.5 million tonnes of organic manure annually
Commissioned facilities at South Ghawar have a 300 million standard cubic feet per day (scfd) of raw gas processing capacity
The project will allow to capitalize on the natural gas produced at Lukoil Group fields in the North Caspian by manufacturing carbamide
The LNG SPA signed follows another SPA signed in November 2022 for the supply of 4 MTPA of LNG over 27 years, the longest LNG supply agreement in the history of the industry
20-Year SPA is first contract expected to support Second Train of Sabine Pass expansion project
The new field is expected to produce around 50,000 barrels of oil equivalent gross per day at peak production
The South Hook LNG terminal symbolizes the importance of Qatari LNG to one of the world’s most dynamic and vibrant economies
Adani Total Gas has reported total income of Rs. 1,187.98 crores during the period ended September 30, 2023
Eni aims to more than double its contracted LNG volumes to over 18 MTPA by 2026
The platform will be set up at an investment of more than €140 million
LNG deliveries are expected to start in 2026 for a term of 27 years
Oman LNG in turn signed various agreements to secure its gas supply until 2034
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