Qatar Chamber and Hungarian Chamber of Commerce and Industry signed a memorandum of understanding (MoU) to strengthen economic ties, in Doha, on Sunday. The MoU was signed by Qatar Chamber Vice- Chairman Mohammed bin Ahmed bin Towar and Hungarian Chamber of Commerce and Industry Vice-President Ferenc Millossy. Hungary and Qatar are expected to sign a [...]
The government of Bangladesh has sought extension of time of the memorandum of understanding (MoU) with Qatar by two more years to import LNG, The Financial Express reported, citing the Additional Secretary of the Energy Division under the MoPEMR Mohammed Abu Taher as saying. “We have proposed to Qatar through the ministry of foreign affairs [...]
Dominion Virginia Power asked its Virginia regulator to approve construction of a 1,358-megawatt combined cycle, natural gas-fired power station that would serve growing customer demand and replace electricity from aging coal-fired power stations that are being retired for economic and environmental reasons. If approved by the Virginia State Corporation Commission (SCC), the $1.3 billion power [...]
PTT of Thailand is seeking two spot liquefied natural cargoes for delivery over the next two months via an open buy tender, Platts reported. “It could be that PTT couldn’t find enough supplies from their previous closed tender, so now they are extending it to everyone else,” a Tokyo-based trader said. Thailand has only one [...]
The Minister of State for Petroleum and Natural Gas, Shri R.P.N. Singh, informed the Rajya Sabha (upper house of the Parliament of India) in a written reply today that in view of recent increase in commercialization of Shale Gas resources in US, there has been considerable availability of gas in US resulting in low Henry [...]
MEO Australia announced that its wholly owned subsidiary, Seruway Offshore Exploration Limited (SOEL) has a farmout process for up to a 50% participating interest in the Seruway PSC, offshore North Sumatra, Indonesia. A farmout brochure inviting key industry representatives to consider farming into the PSC has been launched to coincide with the SEAPEX Farmout Forum [...]
The Weaver’s Cove LNG terminal project was abandoned over a year ago, in June 2011, but Rhode Island Attorney General Peter F. Kilmartin continues his effort by seeking standards that would help prevent such a project in the future. On Wednesday, Kilmartin, joined by Massachusetts Attorney General Martha Coakley, renewed a request to the federal [...]
British High Commissioner to Australia, Paul Madden, and Peter Collier, WA Energy Minister, today announced the new Northern Australia Gas High Value Opportunity Programme. The Programme will see the start of a new era of cooperation between the UK Government and the Australian State and Territory Governments to encourage more British companies to do business [...]
Nigeria Liquefied Natural Gas Company (NLNG) is seeking to raise around $1 billion to buy new liquefied natural gas tankers. “We are looking to appoint a financial adviser to advise us on the best option to raise a loan in the region of $1bn to acquire about six LNG tankers,” NLNG said, Argus Media reported. NLNG [...]
India has sought investment from Qatar in oil and gas projects run by state firms and has expressed its willingness to invest in petrochemical… (economictimes) Source: economictimes, October 28, 2011;