Month: March 2021

US LNG feedgas demand hits new record on positive market trends

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Supplies of power plant fuel have tightened in Japan due to reports of a possible delay in restarting a nuclear generation facility. That, in turn, has created higher demand for LNG cargoes to be delivered next month. US export facilities have recently been operating at near capacity since rebounding from a drop in utilization during the Texas freeze in February, which reduced Gulf Coast output. All six major US LNG export facilities currently in operation were contributing to the surge, though one of the 10 trains at Kinder Morgan’s Elba…

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China launches maiden LNG bunker ship

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The 8,500 cubic metre capacity ship is the first new building LNG bunkering vessel built for Chinese natural gas distributor ENN, one of the largest users of LNG in China. ENN aims to play an active role in the international marine LNG fuel supplier market. With the bunker vessel, named XIN AO PU TUO HAO, ENN will be able to supply fuel to the world’s biggest LNG-powered ships. The bunker vessel was transferred to water on March 2 and will be delivered within the year, reported ENN. It will be…

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SAF, SF to collaborate in peoples’ welfare projects across country

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The Shahid Afridi Foundation (SAF) and Sarwar Foundation (SF) signed a Memorandum of Understanding  (MoU) for collaboration in health, education, provision of clean drinking water & Hepatitis Free Punjab campaign.  Governor Punjab Chaudhry Mohammad Sarwar was also present on the occasion. According to details, an MoU signing ceremony was held on Wednesday at the Central Secretariat of Sarwar Foundation at Divine Gardens. The MoU was signed by the Chairperson of Sarwar Foundation Mrs Perveen Sarwar and the Founding Chairman of Shahid Afridi Foundation-Shahid Khan Afridi.  Governor Punjab Chaudhry Mohammad Sarwar,…

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Sindh’s nominees for NEPRA tribunal rejected

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The federal government has rejected a panel recommended by Sindh for appointing member finance of the National Electric Power Regulatory Authority (Nepra) tribunal on the grounds the candidates did not meet the eligibility criteria. Sources told The Express Tribune that the Sindh Energy Department had sent a two-member panel for selection of one of them for the post of Nepra tribunal member (finance). It recommended Asif Ali for hiring as member finance while the panel also included the name of Shakil Ahmed. Earlier, the federal cabinet had approved the appointment…

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Govt urged to facilitate KE deal with Shanghai Electric

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ISLAMABAD: Saudi Arabia’s Al-Jomaiah Group on Wednesday sought early resolution of payables and receivables of K-Electric (KE) and urged the government and public sector entities to facilitate the power utility’s takeover by China’s Shanghai Electric Ltd. A press statement issued by KE said that Aljomaih Holdings’ Managing Director Investments Abdulaziz Hamad Aljomaih hoped that the government of Pakistan would expedite the removal of any impediments to the conclusion of Shanghai Electric Power’s (SEP) proposal to take a 66.4 per cent controlling stake in K-Electric Limited. The statement, issued on the…

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