WARSAW, June 17 (Reuters) - Poland received its first supplies of liquefied natural gas (LNG) from Qatar on Friday, part of a wider plan to cut its reliance on Russian gas. Poland currently buys the bulk of its gas from Russia's Gazprom but recently completed an LNG terminal at Swinoujscie on the Baltic Sea and plans to build a pipeline to Norway to diversify its imports. It … [Read more...]
Nakilat to Repower Q-MAX LNG Carrier with Dual Fuel ME-GI Engine
Qatari shipping company Nakilat, the world's largest owner of LNG carriers, along with Qatari LNG producers Qatargas, RasGas and engine manufacturer MAN Diesel and Turbo, have announced plans to re-power a 266,000 m3 Q-Max vessel using a dual fuel LNG system. The control of greenhouse gas and exhaust gas emissions is a high priority in today’s shipping industry. In-step with … [Read more...]
Qatar to Boost Europe LNG Sales as Gas Trades at 7-Year High
Dec. 23 (Bloomberg) -- Qatar is poised to boost contracted liquefied natural gas exports to Europe by the most in five years as prices in the region are at their highest since 2006. Qatari shipments to Europe under medium- or long-term contracts will rise 22 percent next year, the biggest jump since 2009, according to data from Poten & Partners Inc., a New York- based … [Read more...]
Britain’s Centrica Extends Qatar LNG Supply Contract to 2018
By Anna Shiryaevskaya Nov. 6 (Bloomberg) -- Centrica Plc agreed to extend a liquefied natural gas accord with Qatar Liquefied Gas Co. to December 2018 as the U.K. seeks to offset declining production from North Sea fields. Centrica may buy as much as 3 million metric tons a year of LNG from QatarGas, worth 4.4 billion pounds ($7.1 billion) at current U.K. prices, the … [Read more...]
Qatargas says LNG Market to Hinge on Long-Term Factors, Not Spot Deals
Oct 28 (Reuters) - Qatargas and other producers of liquefied natural gas (LNG) will continue to make project decisions based on long-term demand and sales rather than any developing spot market, the chief executive of the world's largest LNG exporter said on Monday. "LNG producers will find it difficult to take on the price risk that is associated with the spot market," said … [Read more...]