Petronet LNG may more Qatar Gas As of 2 January
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Petronet LNG Ltd., India’s biggest buyer of liquefied natural gas, may receive additional cargoes of the fuel from Qatar starting on Jan. 2 as the South Asian nation seeks to bridge shortages.
Petronet may get 10 cargoes from Ras Laffan Liquefied Natural Gas Co.
every month starting in January compared with eight a month currently,
Amitava Sengupta, executive director of finance at the New Delhi-based
company, said today. The additional cargoes would increase contracted
volumes by 2.5 million metric tons a year to 7.5 million, he said by
telephone.The LNG importer doubled the annual capacity of its terminal this year
to 10 million tons and may boost capacity to 15 million by 2012 to meet
demand from fertilizer makers and power stations. The first additional
cargo of about 90 million cubic meters may arrive at Dahej terminal in
the western state of Gujarat this weekend, Sengupta said.The importer is in talks with Qatar, the world’s biggest LNG producer,
for a further 3.5 million tons a year, according to Sengupta. That’s
part of the additional 5 million tons a year sought by Indian state oil
companies including GAIL India Ltd.Petronet is currently building a 2.5 million ton-a-year terminal in
southern Kerala state after agreeing to buy 1.5 million tons of LNG
annually for 20 years from Australia’s Gorgon project.The company’s shares gained 0.6 percent to 72.95 rupees in Mumbai
trading at 10:48 a.m. local time today compared with the 1 percent gain
in the benchmark Sensitive Index of the Bombay Stock Exchange.Source: Bloomberg
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Loading- Cargo from seaports of the Ukraine in 2009 fell 17% – to 109.72 million tonnes
- Doubled by the Shaanxi coal output for Jan-Feb
- In October, SOCAR, increasing global oil production by 2.6% and its own production by 3.4%
- Nearly 1.9 million tonnes of Kazakh oil via BTC pipeline carried out, including 187,000 tonnes in October
- Azerbaijan exports 15.6 million tonnes of crude oil for $ 5.7 billion for January-July 2009
- Already 20.9 million tons of Azeri oil transported through BTC in 2009
- Coal India utilities u0026quot \ imports in May miss target
- Azerbaijan oil production rose by 17.6%
- Odessa port cargo turnover by 4.9% to 2.14 million tonnes in January this year
- Petronet LNG Spot May Resume Imports increased demand
- Anglo Ferrous looks normal iron ore demand in 2 J-Estado
- Anglo Ferrous looks normal iron ore demand in 2 J-Estado
- SOCAR exported over 29.865 million tonnes in 2009
- Azeri oil transportation via BTC decreased by 12% in February this year
- Azeri oil transportation via BTC decreased by 12% in February this year
Commercial seaports (CSP) in Ukraine faced in 2009 an overall 17% decline in cargo transshipment in year-over-year figures, to 109.72 million tones.
Shaanxi Province produced 41.18 million tons of raw coal in January and February, 21.31 million tons or 107.25% more than in the same period of last year, and the output of the state-owned collieries was 34.03 million tons, an amount 3.33 times what they produced a year ago, sources reported.
This October the State Oil Company of Azerbaijan (SOCAR) increased overall oil production by 2.6% as compared to September of the year, with increase of its own production by 3.4% by the SOCAR oil and gas producing divisions (NGDUs). For Jan-Oct 2009 overall oil production (taking into account gas condensate)
Tendency of increase of Kazakh oil transportation via Baku-Tbilisi-Ceyhan (BTC) resumed this October after its growth in August and fall between March and July, and in September that followed the February’s record indicator. Transportation of Kazakh oil was started in October 2008. The Azerbaijani State Statistics Committee (SSC) informs that
The share of crude oil in country’s overall export for Jan-July 2009 reached 79.68% with decline of 82.51% against Jan-July 2008. The State Customs Committee informs that 15.598 bn tons of crude oil were exported for $5.69 bn for Jan-July, including 2.125 bn tons for $1.04 bn in June, 1.786 million tons
The State Oil Company of Azerbaijan Republic (SOCAR) has renewed statistical data on Azerbaijani oil export via the major pipeline Baku-Tbilisi-Ceyhan (BTC) n.a. Heydar Aliyev. SOCAR reported in July it was delivered 3.193 million tons of Azerbaijani oil via BTC to Turkish Ceyhan port. “For Jan-July 2009 delivery made 20.9 million
Indian power companies’ coal imports may fall short of a 47 million metric-ton target in the year ending March 2011, according to a report by a shipbroker.
Oil production in Azerbaijan grew this January against last December. This year oil production by all the producers in Azerbaijan still makes up 572,198 barrels against 375.807 million barrels in 2009 and 332.07 million barrels in 2008.
Freight traffics via Odessa Commercial Sea Port (OCSP, Ukraine) according to provisional data posted by the port authorities for January 2010, declined by 4.9% compared with that of 2009, to 2.14 million tons. According to the statement referring to Nicholas Pavliuk, the Chief Executive of the state-run company, despite a
Petronet LNG Ltd., India’s biggest buyer of liquefied natural gas, may resume buying the fuel from the spot market to meet increased demand in Asia’s third-biggest energy consumer.
Anglo Ferrous Brazil President Stephan Weber sees iron-ore demand returning to normal within two years, the Estado new agency reported Thursday. Anglo Ferrous Brazil is the local iron-ore division of Anglo American PLC (AAUKY). South American projects will account for half of Anglo’s receipts when they start operations, Weber said. Weber
Anglo Ferrous Brazil President Stephan Weber sees iron-ore demand returning to normal within two years, the Estado new agency reported Thursday. Anglo Ferrous Brazil is the local iron-ore division of Anglo American PLC (AAUKY). South American projects will account for half of Anglo’s receipts when they start operations, Weber said. Weber
Baku, Fineko/abc.az. For 2009 the State Oil Company of Azerbaijan (SOCAR) exported 29.865 million tons of oil via various routes, including 4.9 million tons in December, 2.9 million in November, versus 2.729 million tons in October, 5.236 million tons in August and September 4.885 million tons in June and July,
The State Oil Company of Azerbaijan Republic (SOCAR) has renewed statistical data on Azerbaijani oil export via the major pipeline Baku-Tbilisi-Ceyhan (BTC) named after Heydar Aliyev. The volume of oil transportation via BTC lowered by 11.9% this February. SOCAR informs that 2.678 million tons of Azeri oil was delivered via
The State Oil Company of Azerbaijan Republic (SOCAR) has renewed statistical data on Azerbaijani oil export via the major pipeline Baku-Tbilisi-Ceyhan (BTC) named after Heydar Aliyev. The volume of oil transportation via BTC lowered by 11.9% this February. SOCAR informs that 2.678 million tons of Azeri oil was delivered via
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