gas (PNG LNG) project‚ to be constructed at Napa near Port Moresby‚ is a new gas project being championed by ExxonMobil to maximize the advantage from three large gas discoveries in the southern and western highlands of PNG. The new gas discoveries are the Hides‚ Angore and Juha gas fields‚ which are likely to have reserves approaching three to four trillion cubic feet. The project will cost an estimated US$15 billion to construct through initial completion. Over its 30-year life‚ PNG LNG is expected
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LNG CARRIERS History The first LNG carrier Methane Pioneer (dwt 5034 tons) left the Calcasieu River on the Louisiana Gulf coast on 25 January 1959. Carrying the world’s first ocean cargo of LNG‚ it sailed to the UK where the cargo was delivered. Subsequent expansion of that trade has brought on a large expansion of the fleet to today where giant LNG ships carrying up to 266‚000 m3 are sailing worldwide. At the end of 2005‚ a total of 203 vessels have been built‚ of which 193 are still in service
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Exploration on the global LNG tanker market Abstract The triggers for this study have been several articles prophesying a shale gas revolution in the LNG tanker business. Following that‚ the author seeks to assess the real prospects that can be drawn from US shale gas exploration and whether their impact is long- or short-lived. The LNG tanker market is a market highly specialized and sophisticated with some of the most complex and expensive vessels on its hands. As is the case with most transport
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appropriate bodies of Arbitration. Australia has also signed the New York 1958 Convention allowing them to be bound by the widest form of arbitrary rules in the world. An illustration of how entrenched arbitration is in Australia is evidenced by the case of Oil Basins Ltd v BHP Billiton Ltd. In this dispute the issue concerned the meaning of the term “overriding royalty” in their contract.
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switch to all liquefied natural gas (LNG) production to improve its economic feasibility‚ as well as a change of partners. A new agreement is now expected in autumn 2012 following the expiration of the original partners’ agreement in June. Most of it was transported to Europe via its extensive export pipeline infrastructure and a smaller amount (4.3 percent) via LNG tanker. Liquefied natural gas (LNG) According to NPD estimates‚ 2011 shipments of Norwegian LNG totaled an estimated 150 Bcf‚ up from
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25‚000 B.C. Ancient Negroid people immigrate to the Philippines over a land bridge then still connecting the archipelago with the Asian mainland. They are food gatherers and hunters‚ and the forefathers of today’sNegritos. These people use bows and arrows and stone made implements. They live in caves. 5‚000 B.C. to 3‚000 B.C. The "New Stone Age". Sea faring Malays from what is today Indonesia come to the archipelago. These new settlers bring with them polished stone tools‚ boat building‚ bark and
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Research Plan Instruction Name : Geoffrey Pasamba‚Venus Mission‚ Mary Jhoy Mabulac‚ Shena Marie Macapanas Title: Talahib (Saccharum Spontaneum) as an Effective Main Components of Biodegradable Plastics School: Araullo High School Project Adviser: Ms. Santiago Research Plan A. Problems: 1. The study will investigate if talahib (Saccharum spontaneum) can be used an effective main component of biodegradable plastic. 2. Is there is a significant difference between biodegradable plastic from
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Millennium Development Goals 1. Eradicate Extreme Poverty and Hunger * Halve‚ between 1990 and 2015‚ the proportion of people whose income‚ which is less than one dollar a day. * Achieve full and productive employment and decent work for all‚ including women and young people * Halve‚ between 1990 and 2015‚ the proportion of people who suffer from hunger. 2. Achieve Universal Primary Education * Ensure that by 2015‚ all children everywhere will be able to complete a full
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Recommendations * Relaunch the 3:1 concentrate temporarily‚ but invest heavily in R&D for a more permanent solution * Aggressively re-launch 3:1 concentrate. * Advertise and emphasize on its environmental benefits due to reduced packing materials. * Focus on generating more sustainable solutions * Invest in R&D for adapting real eco-friendly solutions. Rationale * This form of product was already launched previously and has proven to be
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CASE STUDY BASED ON ATLANTIC LNG COMPANY OF TRINIDAD AND TOBAGO INTRODUCTION & BACKGROUND What is LNG? Natural gas reserves can be found around the world. Gas may be found alone or in solution with oil in natural underground reservoirs. Natural gas is a naturally occurring gaseous mixture of hydrocarbon components and consists mainly of methane. The other constituents include ethane‚ propane and butane which are referred to as liquefied petroleum gases‚ and condensates which are heavier hydrocarbons
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