Gas pipelines – Atlanti Gaz http://atlantigaz.com/ Thu, 16 Sep 2021 13:28:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://atlantigaz.com/wp-content/uploads/2021/04/cropped-icon-1-32x32.png Gas pipelines – Atlanti Gaz http://atlantigaz.com/ 32 32 UGI Partners with California Bioenergy and Sevana Bioenergy to Develop RNG Dairy Digestor Projects in South Dakota via MBL Bioenergy https://atlantigaz.com/ugi-partners-with-california-bioenergy-and-sevana-bioenergy-to-develop-rng-dairy-digestor-projects-in-south-dakota-via-mbl-bioenergy/ Thu, 16 Sep 2021 13:00:00 +0000 https://atlantigaz.com/ugi-partners-with-california-bioenergy-and-sevana-bioenergy-to-develop-rng-dairy-digestor-projects-in-south-dakota-via-mbl-bioenergy/

DALLAS – (COMMERCIAL THREAD) – MBL Bioenergy, LLC (“MBL Bioenergy”) announced today that it has entered into definitive agreements to develop several groups of dairy farm digesters projects to produce renewable natural gas (“RNG”) at from several farms in South Dakota. MBL Bioenergy is a joint venture funded by UGI Energy Services, LLC (“UGIES”) and subsidiaries of California Bioenergy LLC (“CalBio”) and Sevana Bioenergy, LLC (“Sevana Bioenergy”). UGIES is a subsidiary of UGI Corporation (NYSE: UGI).

MBL Bioenergy combines the experience and expertise of UGIES and two leading dairy digester project development companies, California Bioenergy and Sevana Bioenergy. The project groups are expected to produce 650 million cubic feet of RNG per year when completed and online by the end of calendar year 2024. RNG will be delivered to local pipelines serving the regional distribution network. In total, the projects will represent an investment of over $ 100 million in RNG by MBL Bioenergy, with funding by UGIES per project. UGIES, through its wholly owned subsidiary, GHI Energy, will be the exclusive distributor of MBL Bioenergy.

“We are delighted with this agreement as it advances our strategy to position UGI as a leading provider of sustainable energy solutions,” said Robert F. Beard, Executive Vice President, Natural Gas. “In addition to significantly reducing greenhouse gas emissions, the use of dairy RNG as a vehicle fuel offers significant air quality benefits. We look forward to making additional investments in this area as we advance the use of RNG as a clean and environmentally friendly energy solution. ”

“This partnership with UGI is another positive step in expanding our carbon-negative renewable natural gas business,” said N. Ross Buckenham, CEO of CalBio. “Our dairy methane capture and refining projects offer significant environmental benefits, improve profitability for dairy farm partners, and provide a clean-burning diesel alternative fuel. Through our subsidiary, Midwest Bioenergy LLC, this joint venture with UGI, a powerful and committed new strategic partner, anchors our expansion of Dairy RNG into the Midwest. ”

“Sevana is delighted to build on its existing relationship with UGI to produce renewable fuel for UGI customers. This is another example of Sevana’s team of biogas experts deploying cutting-edge renewable energy technology to create strong, value-added partnerships in farming communities, ”said John McKinney, President of Sevana . “We believe these dairy digesters projects will demonstrate how multiple farms can participate in community projects that benefit the local economy, environment and South Dakota stakeholders.”

About UGI Corporation

UGI Corporation is a distributor and distributor of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, natural gas utilities in West Virginia, distributes LPG both nationally (via AmeriGas) and internationally (via UGI International), manages intermediate energy assets in Pennsylvania, Ohio and West Virginia and production assets in Pennsylvania and engages in the commercialization of energy, including renewable natural gas in the mid-Atlantic region. in the United States, California and the District of Columbia and internationally in France, Belgium, the Netherlands and the United Kingdom.

Complete information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

About CalBio

CalBio is a leading developer of dairy digesters for the production of renewable fuel and electricity for vehicles. Founded in 2006, CalBio works closely with the California Air Resources Board, California Department of Food and Agriculture, California Public Utility Commission, California Energy Commission, USDA, and the dairy industry to develop projects to help the dairy industry to meet its methane reduction targets. , protect air and water quality, create local jobs and generate a new source of income. CalBio currently operates and / or develops more than 100 dairy digesters projects in California and, through its subsidiaries: Midwest Bio, Northwest Bio and Southwest Bio, is developing projects across the country. For more information, call CalBio or visit: www.calbioenergy.com.

About Sévana

Sevana Bioenergy develops, designs, owns and operates large-scale anaerobic digestion projects that produce renewable natural gas and organic-based soil amendments. Using cutting-edge technology, engineering and design, we are advancing the future of biogas-based power generation in the United States. Biogas projects reduce waste, increase the use of renewable energy and reduce long-term greenhouse gas emissions. Our mission is to be a market leader in accelerating the production of renewable natural gas derived from anaerobic digestion facilities in North America. With an experienced team of national and international experts, we build value-added partnerships in farming communities by creating new markets for existing farming businesses. Our goal is to ensure that communities benefit and thrive through these partnerships while developing renewable solutions to local waste and energy problems. More information is available at www.sevanabioenergy.com.

]]> What happens with Lheidli T’Enneh’s civil lawsuit against Enbridge? https://atlantigaz.com/what-happens-with-lheidli-tennehs-civil-lawsuit-against-enbridge/ Sun, 12 Sep 2021 02:22:22 +0000 https://atlantigaz.com/what-happens-with-lheidli-tennehs-civil-lawsuit-against-enbridge/

At 10 a.m. on Tuesday, the Lheidli T’enneh First Nation (LTFN) will live stream a news conference on social media to share new information regarding its civil lawsuit against Enbridge over the October 2018 pipeline explosion that rocked the Northside Subdivision of the First Nation for 20 kilometers. northeast of Prince George.

No one was injured in the explosion on October 9, 2018, but it shook buildings and frightened nearby residents, forcing the evacuation of 125 people within a two-kilometer radius of the ruptured pipeline as crews worked for put out the big fireball and seal the pipeline.

The line supplies much of southern British Columbia with natural gas, and the rupture resulted in temporary shortages.

In his lawsuit filed on February 27, 2019, Lheidli T’enneh seeks damages from Enbridge and wants the court to force the Calgary-based company to remove its pipelines from the First Nation’s unceded ancestral lands.

In March 2019, Enbridge met with the Lheidli T’enneh Band Council and proposed a settlement, which was rejected. The First Nation said the offer was “disrespectful, pitiful and did not provide the necessary security guarantees to the community.” Lheidli T’enneh also pledged to meet with his Indigenous neighbors to share their concerns about Enbridge’s ability to safely transport oil across Indigenous reserves and territories.

In November 2020, Enbridge’s subsidiary, Westcoast Energy, was fined $ 40,000 after an investigation by Canada’s Energy Regulator determined that the company had failed to act. adequately places a stress corrosion monitoring system that would have identified the problematic section of pipe prior to the explosion.

The Transportation Safety Board, in its final report released in March, said the three-foot-wide pipeline had ruptured due to stress corrosion cracks on the outer surface of the pipe. The board said Westcoast Energy did not follow its own engineering assessment and approvals procedures before deciding to postpone an inspection that could have prevented the explosion.

Tuesday’s meeting in downtown Prince George at the House of Ancestors, 355 Vancouver St., will highlight innovative action LTFN says it will take “in the pursuit of justice and human security in this matter. , and his desire to stay safe in the community given Enbridge’s continuing breaches of security.

The press conference will be webcast on the Lheidli T’enneh First Nation Facebook page. The meeting will follow COVID-19 safety protocols as outlined by the provincial health office.

  • With files from The Citizen
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Biden administration considers cancellation of Trump Arctic drilling plan, Energy News, ET EnergyWorld https://atlantigaz.com/biden-administration-considers-cancellation-of-trump-arctic-drilling-plan-energy-news-et-energyworld/ Thu, 09 Sep 2021 06:45:00 +0000 https://atlantigaz.com/biden-administration-considers-cancellation-of-trump-arctic-drilling-plan-energy-news-et-energyworld/ By Yereth Rosen

ANCHORAGE, Alaska, Sept. 8 – The Biden administration could reverse a Trump-era policy that opened up vast swathes of federal lands in the Alaskan Arctic to oil development, court documents show of the US District of Anchorage.

The US Department of the Interior is examining whether it should reverse a Trump-era management plan for the National Petroleum Reserve in Alaska (NPR-A), an Indiana-sized land unit holding both petroleum and important ecological values.

The move comes even as the White House acquiesced to a court order requiring it to resume oil and gas leases in the offshore Gulf of Mexico amid ongoing battles over its plans to reduce reliance on United States with respect to fossil fuels.

The announcement came in a progress report filed Tuesday night amid lawsuits to overturn the Trump plan, which significantly expanded drilling opportunities and reduced protections on the reserve.

The plan, made final in the last days of the Trump administration, opened more than 80% of reserves to oil development.

Areas open to oil leasing include Teshekpuk Lake, a large body of water that is globally significant habitat for migratory birds, fish and caribou.

A lawyer for one of the complainant organizations praised the Biden administration’s announcement.

“Any reasonable review will show that the Biden administration must revoke this disastrous plan and start phasing out existing fossil fuel extraction. Anything less than that simply won’t be enough,” said Kristen Monsell of the Center for Biological Diversity in a statement.

The NPR-A, located to the west of the main oil fields on the North Slope, is considered promising for new development. Previously leased areas in the northeast section of the reserve have yielded several new discoveries, including ConocoPhillips’ Willow prospect, which the company says could produce up to 160,000 barrels per day.

This project is awaiting a court-ordered rewrite of the environmental review that preceded development approvals. ]]> Mountain Valley Pipeline seeks identity of its anonymous detractors | Local News https://atlantigaz.com/mountain-valley-pipeline-seeks-identity-of-its-anonymous-detractors-local-news/ Sun, 05 Sep 2021 02:00:00 +0000 https://atlantigaz.com/mountain-valley-pipeline-seeks-identity-of-its-anonymous-detractors-local-news/

No date has been set for a hearing on Mountain Valley’s request for an injunction that would remove protesters from its blasting sites. The subpoenas to Facebook require the social media giant to produce the requested information by September 17.

When a person creates a page on Facebook, they have the option of whether or not they want to be identified publicly. Appalachians Against Pipelines chose the latter, he said.

Usually, when a subpoena is issued, Facebook will notify administrators of its pages, Schwartz said. It is then up to individuals to contest the summons.

A Facebook page administrator had heard nothing from the company on Friday, a spokesperson for the group said. Facebook did not respond to two emails sent by the Roanoke Times Friday night.

Appalachians Against Pipelines has strongly criticized the pipeline, which has come under heavy fire for its use of a prominent estate to take over private property, its inability to control muddy runoff from construction sites, and its contribution to change. climate.

But its approach is different from other organizations such as the Sierra Club, Appalachian Voices, the Protect Our Water coalition, Heritage, Rights, and Wild Virginia, which, among others, have actively participated in public meetings and filed legal challenges to permits. delivered to the pipeline. .

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PSO receivables rise to Rs262b https://atlantigaz.com/pso-receivables-rise-to-rs262b/ Sun, 29 Aug 2021 05:34:52 +0000 https://atlantigaz.com/pso-receivables-rise-to-rs262b/

ISLAMABAD:

Despite large profits in the past fiscal year, Pakistan State Oil (PSO) continues to face the challenge of circular debt due to customers’ inability to pay their bills on time.

Recently, the company announced its highest-ever after-tax profit of Rs 29.1 billion for fiscal year 2020-2021. Even if he claims to have improved his balance sheet, the debts of PSO on all customers reached Rs362 billion.

PSO recovered Rs 25.8 billion from the power industry as well as late payment surcharge income.

Receivables

At present, PSO has to recover 362 billion rupees from its customers. Previously, the government had made a payment to independent power producers (IPPs) who made the payment to PSO.

For this reason, the outstanding amount had fallen to Rs243 billion. However, they continue to rise and are now reaching the Rs 262 billion mark.

The management of the company reduced the financial costs by 3.2 billion rupees, which further supplemented the profitability of the company. However, it still faces a critical period due to unprecedented high debts.

Read Big names involved in the oil crisis

PSO supplies oil to different customers and now a new phenomenon in the form of circular debt has arisen because of liquefied natural gas (LNG).

Of the total, PSO is to receive Rs 185 billion from the power sector as the supply of oil for power generation.

The production companies are the main defaulters who have to pay 138 billion rupees. Hubco owes Rs 38 billion, while Kapco owes Rs 8.4 billion.

SNGPL

PSO has also played a central role in the LNG sector. The company has entered into another deal with Qatar Petroleum as part of a G2G deal to supply an additional three million tonnes of LNG for a period of 10 years.

This contract will add additional volumes to an already signed 15-year long-term purchase-sale (SPA) contract, making PSO the country’s largest LNG supplier with a supply base of 6.75 million tonnes per year.

However, the company faces a circular debt issue in this industry. It supplies LNG to Sui Northern Gas Pipelines Limited (SNGPL) for distribution to consumers.

SNGPL has to pay Rs 139 billion to PSO for the LNG supply. This is a new addition in the chain of circular debt in the oil and gas sectors.

Pakistan International Airlines (PIA) is another major PSO defaulter. PSO supplies jet fuel to the airline to continue operations. However, he was unable to pay PSO dues due to the fuel supply.

PIA must pay PSO 21.5 billion rupees. The state oil company is expected to receive 9.2 billion rupees from the government due to price differential claims.

Debts

Despite PSO’s multibillion rupees being blocked due to non-payment of dues from his customers, he made large payments to oil refineries in Pakistan.

PSO has to pay 23 billion rupees to oil refineries. She owes 11 billion rupees to Pak-Arab Refinery Company (Parco), 4.5 billion rupees to Pakistan Refinery Limited (PRL), 2 billion rupees to National Refinery Limited (NRL), 3.7 billion rupees to Attock Refinery Limited (ARL), 276 million rupees to Byco and Rs1 billion Enar.

Read more Oil rally ends amid Covid concerns, sending supply back to Mexico

PSO is also the largest importer of oil. It has an agreement with Kuwait Petroleum. He is due to pay the company 129 billion rupees in LC payments for oil and LNG.

The financial results demonstrated the agility and strength of PSO across its diversified portfolio despite the difficult economic scenario and recurring waves of the pandemic.

OSP growth

PSO largely dominates the market, delivering phenomenal performance above the industry average.

Despite exceptional growth, the company posted exceptional growth of 21.9% in liquid fuels over the past year with volumes reaching 9.2 million tonnes, reaching a market share of 46.3% in FY21 versus 44.3% in FY20.

PSO also reached its highest volume of 7.6 million tonnes in the white petroleum segment despite the contraction of the jet fuel and kerosene industry, with a market share of 45.2% during FY21 against 44% during FY20.

PSO set an all-time high in Motor Gasoline (MoGas), reaching volumes of 3.5 million tonnes, an increase of 21.2% over FY20, resulting in market share 41.3% compared to 38.7% last year.

The company also carried out a strong close of Hi-Cetane Diesel, achieving volumetric growth of 21.1% versus industry growth of 17.5%, resulting in volumes of 3.7 million. tonnes in fiscal year 21.

Posted in The Express Tribune, August 29e, 2021.

As Business on Facebook, to follow @TribuneBiz on Twitter to stay informed and join the conversation.

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PLL “Caused Rs 25 Billion Loss” in LNG Imports https://atlantigaz.com/pll-caused-rs-25-billion-loss-in-lng-imports/ Thu, 26 Aug 2021 04:50:07 +0000 https://atlantigaz.com/pll-caused-rs-25-billion-loss-in-lng-imports/

ISLAMABAD:

The government has suffered a loss of more than Rs 25 billion due to the failure of state-owned Pakistan LNG Limited (PLL) to make timely arrangements for the importation of the goods, the merchandise said on Wednesday. Public Accounts Committee (PAC).

In recent months, the PLL had canceled cargoes and then allocated them to LNG traders after a few days at higher tariffs.

The PAC meeting, held under the chairmanship of Rana Tanveer Hussain in Parliament, was further informed that the PLL had failed to organize LNG imports when prices were lower in the market.

However, he imported the product at a record price, imposing a multi-million dollar burden on consumers.

The PLL is also said to have awarded several LNG contracts to a foreign company, which has given rise to controversy. Now the National Accountability Bureau (NAB) is investigating the matter.

PAC was further informed that there was an agreement with the fertilizer factories to supply gas at lower tariffs. However, fertilizer factories did not pass on its benefits to consumers.

Petroleum Secretary Dr Arshad Mahmood informed the panel that under the new agreement Pakistan will import LNG from Qatar from November to December.

READ Senate panel to discuss LNG issues

“The gas can be stored for 20 days,” he said, adding that the main reason for buying expensive LNG was the lack of storage capacity in the country.

The secretary added that Pakistan needed 12 shipments of LNG per month.

“The cost of a cargo of LNG varies from Rs5 to Rs7 billion.”

At a meeting of the Standing Senate Petroleum Committee chaired by Senator Mirza Abdul Qadir, Oil and Gas Regulatory Authority (Ogra) Chairman Masroor Khan said state-owned gas companies maintained that their customers would look to other parties if the private sector were allowed to import LNG.

However, he added that the business issues were now resolved and the private sector would start importing LNG within the next two months.

The oil division told the Senate committee that the gas sector was facing a loss of Rs35 billion in winter.

He added that the PLL was also facing financial difficulties.
The petroleum secretary said a forum should be formed with the authority to approve an annual LNG delivery plan.

The Senate panel was told that Qatar’s long-term deal was around $ 10 per mmbtu.

Pakistan GasPort Consortium Limited (PGPC) terminal is operating at low capacity for some reasons. The daily rent for the LNG terminal is $ 242,000.

The LNG terminal wants to sell LNG directly to consumers, while gas companies believe that if large sectors pull out of using imported RLNG, their system will not work.

A feasibility study is underway to build LNG storage facilities in Sindh at a cost of around $ 1 billion. The petroleum secretary said the loss of gas in winter is worth Rs35 billion. The Public Procurement Regulatory Authority (PPRA) has been informed that its law is unsuitable for LNG.

Regarding the purchase of LNG, the PPRA granted a derogation in the rules. The chairman of the committee said the federal government should look ahead to the LNG market.

The senior general manager of Sui Northern Gas Pipelines Limited responded that the LNG orders were timely.
However, the system has been affected by the ups and downs in the orders of various companies.

The chairman of Ogra said that Hascol Petroleum Limited had significant strategic storage but that the Securities and Exchange Commission of Pakistan (SECP) and the state bank had not been contacted about the “financial irregularities” of the company.

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Kalol Explosion: Distrustful Government Insists CGSB Approves Construction Plan OK | Ahmedabad News https://atlantigaz.com/kalol-explosion-distrustful-government-insists-cgsb-approves-construction-plan-ok-ahmedabad-news/ Wed, 25 Aug 2021 22:30:00 +0000 https://atlantigaz.com/kalol-explosion-distrustful-government-insists-cgsb-approves-construction-plan-ok-ahmedabad-news/ Gandhinagar: A gas pipeline explosion at an upscale residential company in Kalol near Gandhinagar eight months ago has led the state government to become hyper vigilant on the matter. In fact, the Chief Urban Planner of Gujarat has given guidance to all municipal planners and those employed by the Urban Development Authority to seek mandatory CGSB NOCs as a prerequisite for adopting building plans. .
While the layout is not new, the Kalol incident in which two houses collapsed and killed two people forced developers to apply for multiple permits, which would have a cascading effect on construction activity in the city. ‘State.
It is learned that the authorization of the construction plan for the new hotel complex of the Karnavati Club located in the village of Mulsana, in the district of Gandhinagar, has fallen into limbo because of this. Sources said that the tentative construction plan for the new club is awaiting clearance from the Ahmedabad Urban Development Authority (AUDA) as a ONGC pipeline passes from the plot of land.
Sources said that despite arrangements being made to leave enough space around the pipeline according to standards, their plan is awaiting clearances.
AUDA CEO AB Gor claimed that AUDA has yet to receive a detailed plan from the club. “The rule is clear. We need a detailed plan to start the NOC process with CGSB. So far our office has not received a detailed plan from the Karnavati club, ”Gor said.
The state’s chief town planner, BS Shah, said the arrangements for checking oil or underground pipelines and power lines have been in place for a long time. “Somehow this was not followed up by the developers, so after the Kalol incident, we categorically ordered all relevant planning officials not to issue any permits until the obtaining the necessary NOC, ”Shah said.
Industry experts said the gas pipeline clearance issue had put several real estate projects in difficulty. Already 11 real estate projects in Vastral as well as two projects in Nikol, from which the ONGC line passes, are on hold, AMC sources said.
A minimum of 12 to 15 meters of buffer space on either side of an underground CGSB line should be left unbuilt in accordance with existing guidelines.
“The deadline will be four months to obtain a CGSB authorization. Once a citizen approaches a municipal body or urban development authority for approval of a plan, the municipal authority must independently seek a notice of compliance from the CGSB, along with the citizen, if there is a ONGC line nearby. The application is processed at the CGSB office in Chandkheda and then sent to its head office in Mumbai for approval, ”said an urban planning official at Ahmedabad Municipal Corporation (AMC).
It should be mentioned here that for the past 9 years civic organizations like AMC have started integrating CGSB lines into their town plans following a site inspection.
In December 2020, a gas pipeline explosion at a residential company in Kalol caused two houses to collapse, leaving one dead and four injured. The residential company concerned is located near the ONGC field in Kalol. ]]>
With Iranian Fuel Surprise, Nasrallah gave Lebanon the third way https://atlantigaz.com/with-iranian-fuel-surprise-nasrallah-gave-lebanon-the-third-way/ Sun, 22 Aug 2021 17:37:41 +0000 https://atlantigaz.com/with-iranian-fuel-surprise-nasrallah-gave-lebanon-the-third-way/

TEHRAN – As many observers in Lebanon and beyond projected a total collapse of order in this Mediterranean Arab country, Hezbollah Secretary General Sayyed Hassan Nasrallah has opened a new path for Lebanon to break free from the shackles economic led by the United States.

Nasrallah dropped a bomb last week when he announced that an oil tanker carrying Iranian fuel was bound for Lebanon. Addressing a commemorative ceremony marking Ashura Day on Thursday, the Hezbollah chief announced that the first of several fuel-laden ships would leave Iran for Lebanon within hours, warning the United States and Israel to do not target it.

“Our first ship has completed all arrangements and will sail in a few hours from Iran to Lebanon with the blessing of Imam Hussein (peace be upon him),” he said, noting: “This ship will be followed by other ships, but we gave priority to diesel on the first ship because it is a top priority and it is linked to people’s lives.

In a stern warning to Washington and Tel Aviv, which oppose any fuel trade between Tehran and Beirut, Nasrallah said the ship would be considered Lebanese property when it leaves Iran and that any aggression against it would be considered an aggression against Lebanon. “God willing this ship and others will arrive safe and sound, we don’t want a confrontation with anyone. We are only after having helped our people… We refuse to be humiliated in any military, political or economic war. We refuse the humiliation of our people, that no one dares to challenge us, ”he said.

The announcement sent the US ambassador to Lebanon scrambling to find a way to stop Lebanon from importing fuel from Iran. Ambassador Dorothy Shea rushed to meet with Lebanese President Michel Aoun hours after Nasrallah’s announcement.

“President Aoun received a phone call from the US Ambassador to Lebanon Dorothy Shea informing him of the US administration’s decision to help Lebanon import electricity from Jordan via Syria via gas Egyptian, ”the Lebanese presidency said on Twitter. He also quoted Shea as saying that “the transfer of Egyptian gas will be facilitated by Jordan and Syria to northern Lebanon”.

Shea also told Aoun that negotiations are underway with the World Bank to secure funding for the cost of Egyptian gas, repair and strengthening of power transmission lines, and required maintenance of gas pipelines.

The American ambassador’s conversation marked the return of her anti-Hezbollah media activism. Under the Trump administration, Shea launched a propaganda campaign against Hezbollah in parallel with the Trump White House’s tightening of the noose on Hezbollah.

If Lebanon is in free fall today, it is in large part because of the continued efforts of the United States to prevent any economic cooperation with Beirut under the pretext of combating the influence of Hezbollah. The United States’ Arab allies in the region, which once helped Lebanon financially, have refrained from providing any assistance to this religiously diverse Arab country.

Then there was the Iranian helping hand. Iran has always offered to help the Lebanese people. But political factionalism and malicious foreign influence in Beirut hindered Iranian aid.

Nasrallah did not announce the import of Iranian fuel until after the fuel crisis in Lebanon reached new heights, with almost all Western countries and their Arab allies refusing to alleviate the crisis.

And when Hezbollah declared the importation of fuel from Iran to begin, Shea saw an opportunity to exploit the situation. First, Lebanese politicians and media close to the West have started to spread speculation about possible US sanctions against Lebanon for importing fuel from a country under US sanctions which is Iran. Second, Shea presented the old idea of ​​importing gas and electricity from Egypt via Jordan and Syria, a project that should make Lebanon choose between integrating into a regional energy grid that includes Israel and doing in the face of total economic collapse.

Nasrallah proposed a third way that would protect the sovereignty of Lebanon and improve the lives of its people. Iran does not impose any conditions on the Lebanese and that they can buy anything from Iran without having to sacrifice their interests on the altar of the promise of American aid.

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Nirmala Sitharaman to unveil block assets on Monday https://atlantigaz.com/nirmala-sitharaman-to-unveil-block-assets-on-monday/ Sun, 22 Aug 2021 08:00:53 +0000 https://atlantigaz.com/nirmala-sitharaman-to-unveil-block-assets-on-monday/

New Delhi: Union Finance Minister Nirmala Sitharaman will announce on Monday which assets will be put on the block as part of the government’s asset monetization program.

Federal policy think tank NITI Aayog said the National Asset Monetization Pipeline, or NMP, includes a four-year pipeline of central government brownfield infrastructure assets.

Besides providing visibility to investors, it will also serve as a medium-term roadmap for the government’s asset monetization initiative, NITI Aayog said.

The think tank said the Union’s budget for FY22 has focused on monetizing assets as a way to leverage innovative and alternative finance for infrastructure.

Sitharaman will release the pipeline in the presence of NITI vice president Aayog Rajiv Kumar and his general manager Amitabh Kant. Other senior think tank officials will also be present at the announcement.

Sitharaman had said in his budget speech that a dashboard would also be created to track the progress of the sale of assets.

The assets that will be part of this database include certain infrastructure units of the National Highways Authority of India, Power Grid Corp. of India Ltd. (PGCIL), Railways, Airport Authority of India Ltd. (AAI) and that of energy managed by the State. companies.

Sitharaman had said the railways would monetize the assets of the freight corridor dedicated to operations and maintenance, after commissioning.

Operational toll roads from NHAI, transmission lines from PGCIL, oil and gas pipelines from GAIL, Indian Oil Corp. Ltd. and Hindustan Petroleum Corp. Ltd., warehousing assets of state-owned enterprises and sports stadiums will be included.

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Minister of Petroleum, Energy News, ET EnergyWorld https://atlantigaz.com/minister-of-petroleum-energy-news-et-energyworld/ Thu, 12 Aug 2021 02:10:00 +0000 https://atlantigaz.com/minister-of-petroleum-energy-news-et-energyworld/
Rescued crew members of barge P305 after they were brought by INS Kochi to the Mumbai shipyard in Mumbai. Photo show / Shashank PTI

Barge Papaa-305, which sank off the coast of Mumbai in May killing more than 80 people on board, had all safety and airworthiness certificates when it fell victim to the crash, the crash said on Wednesday. Junior Minister of Petroleum Rameswar Teli to Rajya Sabha.

On May 16, Cyclone Tauktae – a storm with the intensity of a Category 3 hurricane – tore the anchors of barge Papaa 305 and struck it on an offshore platform, killing 261 people on board. Many of them were saved.

“The Papaa-305 barge was built in 2004,” he said in a written response to a question posed in the Upper House of Parliament. Indian regulations allow able-bodied barges to sail for up to 35 years.

“The specifications of the barge have been reviewed and technical acceptance has been given by Engineers India Ltd”, said the minister. “In accordance with standard protocol, a joint safety audit of the barge Papaa-305 was carried out on October 23, 2020 by a team made up of representatives of CGSB, a safety officer from Certification of Engineers India Ltd (CEIL) , a Master Mariner from the Indian Register of Shipping (IRS) and contractor’s Health, Safety and Environment (HSE) representative.

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