Gas | 02 January 2024
Eni starts gas introduction into Tango FLNG facility
Gas introduction has been achieved after the final investment decision
Gas introduction has been achieved after the final investment decision
This project is a cornerstone in the National Gas Grid
OMV is currently examining the current facts to preserve its rights
The terminal will have capacity of approx. 4 MMTPA (Phase-1) with provision for converting to 5 MMTPA
Deliveries are expected to start in 2028, upon commencement of commercial operations at the facility
The amendment signed changes the delivery profile of the total volume of gas contracted by Petrobras
Presently in India the share of natural gas in energy basket is 6.7%
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
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