On July 3 2009, Algeria, Nigeria and Niger signed an intergovernmental agreement for the development of a 4,128 km gas pipeline that will send gas from the Niger Delta through Niger to Algeria’s export terminals. The project is estimated to cost around $12 billion and will supply up to 30 billion cubic meters of natural …
With natural gas markets, especially LNG becoming increasingly globalized, a niche has opened up for service providers in the LNG industry that can offer solutions that include access to liquidity and markets, risk management, and credit and risk intermediation. Entities such as Barclays Capital LNG services aim to bring risk management expertise in liquid wholesale …
The ability to weld onto in-service pipelines such as natural gas pipelines in which gas is actually already flowing. This makes it possible to add another section of a pipeline (hot tap branch connections) and to enable the installation of repair sleeves without interrupting the flow of gas (except for a few hours). While there …
LNG that cannot be sold potentially because of a situation where there is souring supply and diving demand or when marginal LNG suppliers compete head to head with the full cycle costs of unconventional gas producers in the US. Currently (beginning 2010), it is too early to judge the potential build up of such new …
MNI Minister Uzi Landau has set the goal for renewable energy (renewable energy masterplan) at 2,760 MW by 2020, less than the former goal of 4,000 MW. The minister stated that this would still represent 10% of the electricity generated at that date since the government was promoting a strong energy conservation program to reduce …
The ACC group of Haim Leibowitch was awarded in Februry 2010 the Med Ashdod license. The Med Ashdod license was held previously by Isramco, Hanal, Granit-Sonol, Delek Drilling and Petrochemicals. Between 2000-2003, the partners undertook two drillings in the license area (Nir-1 and Nir-2) which ended up in failure. The partners prepared themselves to carry …
Heat rate is a measurement of how efficient a power station generator is in its use of heat energy. It is calculated as the number of BTUs of heat required to generate one KWH of electricity. Every type of fuel (coal, natural gas, fuel oil, diesel) has its own heat rate so that it is …
The Natural Gas Authority determined the tariffs that would be levied by the Transmission licensee from consumers that are linked up to the distribution network or shippers operating in the distribution network for transmission services provided to these shippers, as follows: 1. The tariff for transmission services by the transmission licensee to shippers will be …
Modiin Energy Limited Partnership (MELP) is an Israel-based company engaged in the exploration and extraction of oil and natural gas. The Company operates off Israel’s Mediterranean coast. MELP is an Israeli listed limited partnership managed by MEGP which is controlled in equal shares by Tzahi Sultan and I.D.B Investments through a company called Noya Investments …
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Ship capable of carrying different types of cargo, thereby achieving a more uniform flow of shipments. Typically termed OBO, an abbreviation for oil, bulk, ore, which means that the vessel is designed for cargoes of these and other bulk products.
