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Cheniere seeks permit to feed gas to Corpus Christi LNG train 1

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first_imgUS LNG player Cheniere filed a request with the Federal Regulatory Energy Commission (FERC) to introduce fuel gas into the first liquefaction train at the Corpus Christi LNG project for commissioning. The company requested a permit be issued by no later than June 29, 2018, according to the filing to the commission.Cheniere noted in its filing that it has already filed the project commissioning plan for the Stage 1 with the regulator on May 25.According to an earlier monthly report, the Corpus Christi LNG Stage 1, which includes the first two liquefaction trains, two storage tanks, west jetty and east jetty civil work has reached an overall completion of 87.1 percent. Train 1 is projected to achieve substantial completion during the first half of 2019 with the second train to follow during the second half of 2019.The Corpus Christi project is a three-train liquefaction project under construction near Corpus Christi. Each train is expected to have a nominal production capacity of about 4.5 mtpa of LNG.The third train is part of Stage 2 of the project development currently at a 21.5 percent overall completion level.Cheniere has also set out plans for the construction of seven midscale liquefaction trains and an additional storage tank in the third stage of the project development. The Stage 3 project would increase the expected aggregate nominal LNG production capacity at the Liquefaction Project to approximately 23 mtpa.last_img read more

Kion Etete: Another Spurs Master Stroke?

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first_imgWhen Tottenham Hotspurs signed Dele Ali from League One side, MK Dons as an 18-year old rookie, not many expected that he would be such a huge success within a short while. Encouraged by the success of Ali, the White Hart Lane side is set to gamble on another Nigerian greenhorn, Kion EteteIn what could be akin to Spurs’ success with the likes of Dele Alli and Josh Onoma, the North London club have already welcomed Etete for a period of trial.The lad is now making the best of the opportunity, as Etete is impressing Tottenham technocrats, who had good marks for the 17-year-old after a week’s trial with the English Premier League club. All fingers are now pointing in the direction of a repeat of the Alli saga for Etete. Tottenham are considering a move for Notts County’s pacy teenage forward Kion Etete. The 17-year-old had a week’s trial with the Premier League club culminating in a game for their Under 18s against West Ham at the weekend where he scored twice in a 5-3 win, in which Mauricio Pochettino’s son, Maurizio, put Spurs 1-0 up.Etete signed a professional contract with Notts County on his birthday in November. That came just weeks after being handed his first team debut, by then manager Harry Kewell, as a 16-year-old in the Checkatrade Trophy against Newcastle in October.He was linked with city rivals Nottingham Forest in January and has gone on to make six first team appearances for the League Two strugglers. Tottenham will continue to monitor his progress in the coming weeks.The youngster has played four League Two matches this season, and six in all competitions, all coming from the bench. His debut had come just weeks before, then-manager Harry Kewell handing him minutes in the Checkatrade Trophy against Newcastle United U-21s.Spurs will continue to track Etete’s progress before deciding whether to make a permanent move for the starlet.Tottenham have not brought in any new players since the arrival of Lucas Moura on deadline day in January 2018 and fans have been frustrated by the lack of activity, as has manager Mauricio Pochettino.Spurs are now nine points off second-place Liverpool and just three ahead of fourth-place Manchester United haven picked up just one point in their last three games.Meanwhile, Notts County fans have now taken to Twitter to react to the news, begging Etete to stay but understanding that it’s hard to reject a club like Tottenham, believing that he’s probably already gone.Others want Etete sold quickly to ease the club’s financial issues, with some joking that a £7million fee would be needed to price him away from Meadow Lane as they backed him for a bright future.Etete has celebrated his 17th birthday in style – by signing a professional contract at Notts County and has been a regular on the substitutes’ bench in recent weeks and made his senior debut against Newcastle United U-21s in the Checkatrade Trophy last month.The teenager is now looking forward to working under new boss Neal Ardley.“Being around the first team has been a great experience for me and now I’m just going to be doing all I can to show the new manager what I can do,” Etete told the club’s website.“Under-23s matches will give me the chance to prove myself against older players from a higher level and I can still play for the Under-18s, which will keep me up to speed.”Etete, who turns 17 today, will have to put his celebrations on hold as he is due to face Southampton in the Premier League Cup later today.“It feels quite surreal as this is just the start of my day. I’ve got my first driving lesson and a Premier League Cup fixture against Southampton coming up later,” he said.Tottenham Hotspur’s first team drew 1-1 at home to Arsenal on Saturday afternoon in a dramatic, controversial encounter – but their Under-18’s were also in action.Spurs Under-18’s took on their West Ham United counterparts in a London derby at Hotspur Way last Saturday morning, with the game somewhat overshadowed by the North London derby.Kion Etete scored twice for Spurs, and if fans aren’t too familiar with his name in relation to Tottenham, that’s more than fair; he was a trialist for the game.The Notts County teenager, 17, has already made six first-team appearances for the League Two side, but was allowed to play for Spurs as a trialist last Saturday.Scoring twice in the first half is some way to make an impact, and the teenager has surely given himself a great chance of earning a permanent move to Tottenham this summer.Etete came through the youth team at Notts County and made his senior debut for the “Magpies” in a group stage match of the EFL Trophy against Newcastle United U-21 in October last year, coming on as a 76th-minute substitute. He made his EFL League Two debut in November, in a 2–2 draw with Port Vale and after the game he said “I was nervous because it was a big occasion and I just wanted to keep my head on the game”.His manager said afterwards, “Kion was excellent”.It, however, remains to be seen if he can reciprocate the success recorded by his compatriot, Alli at Tottenham.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

IMF team in Guyana to review GDP formula – Jordan

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first_img– as new oil & gas sector to make changes necessaryA team from the Inter-American Monetary Fund (IMF) is presently in Guyana working with the Finance Ministry in a bid to review and rebase Guyana’s Gross Domestic Product (GDP) calculations.Finance Minister Winston JordanThis is according to Finance Minister Winston Jordan. At the time, the Minister was addressing a workshop convened by the Civil Defence Commission (CDC) at the Arthur Chung Convention Centre on Monday.“Even as I speak, personnel from the Caribbean Technical Assistance Centre of the International Monetary Fund are in Guyana supporting our efforts to rebase the Gross Domestic Product, in light of our evolving production profile,” Jordan said.“Data gathering across all segments of the Private Sector producing goods and services is critical to the accuracy and success of this exercise. Several indicators within the national and SDG framework are expressed as a percentage of GDP.”It is understood that Guyana’s economy grew by 3.4 per cent for 2018. But in the country, various sectors have taken a beating over the past few years as production numbers have dropped. Despite the economy growing by 4.5 per cent in the first half of 2018, traditional sectors like sugar and rice contracted by 30.6 and 3.8 per cent respectively. This was revealed in the Finance Ministry’s Mid-Year Report 2018.Last year, Finance Minister Winston Jordan admitted to the National Assembly that the gold sector also suffered a decline of 9.1 per cent. This is equivalent to a decrease of 288,114 ounces in gold declaration. The report also revealed that this represented a 19.4 per cent shortfall.The Minister in his report also noted that there are a number of downside economic and fiscal risks to the economy, both domestic and external, which can frustrate the achievement of the various revised targets.In relation to sugar production, the report stated that this continued to be impacted negatively by a sub-optimal mix of factors which also include deficient cash flow alignment and the undue absence of a Board to oversee the management of the remaining sugar estates. Already, struggles in lowering production costs for the sugar industry have seen sugar from other countries take precedence over locally produced sugar.Private sectorPersons have opined that the growth of Guyana’s economy which was presented as part of the 2018 mid-year report was as a result of continuous support from private stakeholders with an interest in the country’s propulsion.This was the sentiment of President of the Guyana Marketing and Services Association (GMSA), Shyam Nokta, during the Association’s annual award ceremony on Thursday. He expressed that members of the organisation would have played a key role in this progress.“Guyana’s economy grew by 4.5 per cent during the first half of 2018, compared to 2.5 per cent for the corresponding period in 2017. This growth was led by continued efforts from the Private Sector, including our members,” Nokta said.But with first oil expected next year, estimates have been made that economic growth will triple in the years to follow.After its 10th discovery of oil in the Stabroek Block, ExxonMobil had estimated the recoverable resource in the block to be 5 billion oil-equivalent barrels. At US$50 a barrel, that equates to well over US$200 billion. More oil was subsequently found earlier this year.In addition, an independent assessment, or competent persons report, had found that 2.9 billion barrels of oil existed in the Orinduik Block. All of this will represent a monetary windfall for Guyana, which will be saved and invested through a Natural Resources Fund.last_img read more