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27, ASPIRATION-PLANTS For many of us, the inspiration to write poetry visits us without advance notice, stays but fleetingly, and then departs. However, on.
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Three state companies - gas distributor PT Perusahaan Gas Negara, oil and gas company PT Pertamina and electricity company PLN - earlier agreed to form a consortium to build floating terminal in Banten with a capacity of 1. The government of Indonesia has decided to build floating liquefied natural gas terminals in North Sumatra and in the sea north of Jakarta, a cabinet minister has said. Energy and Mineral Resources Minister Purnomo Yusgiantoro said on March 30 the construction of a floating LNG terminal was the most possible option in an effort to overcome gas stock deficit in the two regions for the coming term.
The gas supplies from the two terminals will be used to meet the need for gas of power plants and industries. In the meantime, the LNG terminal in Jakarta will be built with a capacity of 1. Besides with natural gas, the government is also trying to do its best to meet the need for gas in Java with gas produced from coal methane in South Sumatra, East Kalimantan and South Kalimantan, the minister said.
The company may have partners for the project, he said, declining to provide details. Floating facilities may cost a third of an onshore plant and take less than half the time to construct, a Citigroup Inc report said in April. The floating LNG platform will have a capacity of less than 2 million metric tons a year and may be deployed to extract the cleaner-burning fuel from small gas resources, anywhere up to two trillion cubic feet in deposits, in offshore Malaysia and neighboring countries, Ganapathy said. BG Group's Dragon liquefied natural gas import terminal in Wales will be commissioned by mid, Malaysia's state oil firm Petronas, a key shareholder of the facility, said on March Dragon LNG -- a joint venture in which BG has a 50 percent stake, Petronas has a stake of 30 percent and Netherland's 4Gas holds 20 percent, had originally been scheduled to open last year, before winter.
We had to renegotiate some aspects," he added, but declined to say what those aspects were. The facility, aimed largely at keeping Britain well supplied with heating fuel during peak winter demand, is still not ready to take deliveries and BG had earlier said first delivery of LNG would not happen until at least April. Nearby South Hook import terminal -- a joint venture between Qatar Petroleum.
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The Dragon terminal has a capacity of million cubic feet per day mmcfd while South Hook import facility will have 1, mmcfd for each of the phases. He declined to say how much LNG would be shipped to Britain. We have to remain vigilant about supplies, examine the buyer and seller prices," he said. As Europe's biggest gas market, Britain is expected to import up to 40 percent of its gas by the end of the decade, rising to percent by , analysts say. Of Britain's gas consumption of The power sector accounted for 25 percent and households used the remaining 40 percent for heating and cooking.
European energy firms said March 3 they were confident about getting a location permit early next year to build an Adriatic liquefied natural gas terminal aimed at supplying central and western Europe. Analysts and energy officials have said that sticking to the timetable was essential if the terminal was to compete, as a similar project is being prepared in Italy's port of Trieste. Earlier, Croatia and Hungary had signed an agreement to connect their natural gas pipelines by mid to ensure a steady supply for the region.
The new pipeline would allow two-way shipments after the LNG terminal is built.
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Foreign investors have slated a percent stake in the consortium for Croatian partners. The location permit depends on an environmental impact study which the government must approve before the building starts.
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Mertl said the consortium was preparing the study carefully after an earlier oil pipeline project suffered due to local environmental concerns. The government took two years to choose the location for the terminal, but analysts believe the project will now have a high priority, following a gas crisis in January caused by the dispute between Russia and Ukraine.
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The terminal, likely to be built on the northern Adriatic island of Krk, will have capacity of up to 15 billion cubic meters bcm of gas per year. Croatia consumes about 3. Hungary and Croatia plan to build a new gas transit pipeline by mid which would ship gas from Hungary to Croatia, but would also allow two-way shipments later, MOL's gas transmission arm said. She said the pipeline will be reversible, which means once a planned liquefied natural gas terminal is built on the island of Krk in Croatia's northern Adriatic, "We will be able to transport gas from the LNG terminal to Hungary and on to Europe".
This also means that Croatia will be able to connect to any of the major international pipelines that may be built in the future, like Nabucco or Southstream, she said. FGSZ will build the km Hungarian section of the pipeline, while Croatia will cover the costs of the 88 km stretch in Croatia, the Hungarian firm said. The pipeline will connect the village of Varosfold in Hungary with Slobodnica in Croatia.
The Balkans were severely affected by the halt in gas supplies arising from Moscow's dispute with Kiev earlier this year and Croatian Prime Minister Ivo Sanader said Zagreb saw the LNG terminal as crucial for diversifying energy supplies. Hungary, which also heavily relies on Russian gas imports but has sufficient reserves and also domestic production, shipped gas to Croatia, Bosnia and Serbia during the gas crisis in January. The LNG terminal, planned by a consortium of Croatian and European energy firms, should also improve supply security for the wider region as it will be able to process more gas than Croatia needs.
Gate terminal B. Nederlandse Gasunie and Koninklijke Vopak N. The financing facility will be used for the expansion of the first Dutch liquefied natural gas import and regasification terminal on the Maasvlakte near Rotterdam. The financing facility adds to the initial EUR million senior financing agreement, which was signed in July In August , E. To accommodate all customers, the terminal's throughput capacity will be expanded with 3 billion cubic meters of natural gas per year bcma to a total throughput capacity of 12 bcma and a second jetty will be constructed.
The terminal will play an important role in the future supply of natural gas to the European market and is expected to be fully operational in the second half of Henk Chin Sue, Board Member and CFO of Gasunie and Jack de Kreij, Board Member and CFO of Vopak jointly commented: "We are proud that we have been able to secure the financing for this important expansion of Gate terminal and we are very pleased that in today's challenging economic environment EIB and eight out of ten original commercial lenders participate in the expansion financing, which shows their strong commitment to this project.
The European Investment Bank and the syndicate of eight banks were advised by Ashurst. In N. Imported LNG will be unloaded, stored and regasified at the terminal before distribution through the gas transmission network for the European markets. The terminal will have an initial annual throughput capacity of 12 billion cubic meters per year bcma and can be increased to 16 bcma in the future. ON Ruhrgas from Germany and Essent from the Netherlands have signed long term throughput agreements with Gate terminal.
Almost all liquefied natural gas producers in the Middle East and North Africa have spent the past two years gearing up for expansion. Despite their export pipelines under the Mediterranean to the European Union, both Algeria and Libya consider gas processing as vital to their long-term economic interests, while Qatar is turning the Gulf into the world's biggest center of LNG production. The global economic crisis might be expected to undermine these plans, yet while the downturn is likely to result in reduced overall energy consumption, its impact on the LNG industry remains uncertain.
Rather than a fall in demand, it is a supply crunch that is predicted for the LNG sector over the next few years.
Although many new liquefaction trains have been planned in Australia, Nigeria and with other important producers, rising construction costs, doubts over the security of gas supplies and fears over the environmental impact of the industry have resulted in delays to most proposed projects. Production over the next few years will therefore almost certainly be substantially lower than previously expected, at the same time as cross-border gas pipeline schemes from Iran to India and Russia to China have also been delayed.
It is difficult to discern any tightening of the market in the short term. Similar falls were recorded in the fastest growing emerging markets, such as China and India, but are likely to be reversed in the longer term. In the longer term there is uncertainty about what is going to happen after because we need new projects for LNG. The conditions prevailing in the coming two or three years will probably make new projects more difficult, particularly in terms of financing. Many other delegates agreed.
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The economic downturn and other things will tend to bring that demand down some but we also think there are some factors pushing demand up such as the use of natural gas for environmental reasons. The additional supply coming online over the next couple of years will tend to keep prices at a level that will not impact demand. It is against this uncertain backdrop that Middle Eastern producers are seeking to expand their operations. Qatar has been the world's biggest LNG producer since it overtook Indonesia in and with Djakarta keen to retain more of its gas production for domestic use, there seems no threat to the emirate's position.
However, current expansion plans for both projects have been somewhat delayed. Qatargas has production capacity of 9.
Trains 4 and 5, which are currently under development, will add a further RasGas' two new giant trains 6 and 7 will now come on stream in April and October this year. With production capacity of 7.
Al Muhannadi conceded that the expected "softness" in the world LNG market had prompted the decision, underlining the short-term impact of the economic downturn, even on projects that are already under construction. He said: "That's not a bad situation to be in There is no doubt that the LNG market will grow, maybe at a slower pace, but it will grow. Delays to the Qatari projects have been caused by a lack of skilled labor and parts, and have resulted in newly ordered LNG tankers lying unused. Some liquefied gas is lost during the transport process using traditional LNG carriers, but the Q-Max vessels incorporate a reliquefaction unit that means that no LNG is lost.
They should prove a great advantage when they can actually be used as intended. Al Muhannadi admitted that the target would not be reached and added: "The current plan is towards the end of , given the situation with current projects. If it slips into early I will not be too disappointed. Perhaps surprisingly, another Gulf state has emerged as a customer for Qatari gas. Although Kuwait possesses 56 trillion cubic meters of gas reserves itself, it is currently negotiating to import m cubic feet a day in the form of LNG for five years.
Al Muhannadi told journalists: "It's a serious deal and, as I understand it, it is in the final stages of negotiations. It's not long term and it is only for their summer demand peaks. Kheya, Part 4. Khudra Amire Bhulite Chalbo Bhulite. Khunjite Chahigo, Part 1.
Krishna Bhagaban Sri Madhusudan. Kritagyatar Agni Shikha. Little Songs Lord, I Thank You. Maner Bane Asha Kusum Phutbena. May My Heart-Flower-Smile. Mayur, Part 1. Mayur, Part 2. Mayur, Part 3. Mayur, Part 4. Miscellaneous Songs My Complete God-Surrender. My Gratitude-Flowers for the U. My Green Adoration-Gifts, Part 1. My Green Adoration-Gifts, Part 2. My Indian Sunrise. My Song-River-Heart, Part 1. My Song-River-Heart, Part 2. My Surrender-Life-Joy. Namo Namo Namo Shakti Pujari.
Never Say No.