Qatar Signs off with Sinopec Credit Offshore Energy As a sequel to inking of QatarEnergy’s contract with Exxon Mobil Corp, TotalEnergies, Eni and ConocoPhillips for investment in its North Field East (NFE) expansion QatarEnergy is signing of with China Petrochemical Corp (Sinopec) making it the largest phase of the nearly $30 billion LNG expansion venture.
LNG Carrier Survives Collision A bulk carrier of 35,400 dwt collided with a 162,000 cbm and 289 meters long LNG tanker off Gibraltar last August .The LNG vessel is owned by an Omani company and flagged in the Marshall Island.The bulk carrier was beached on a sandy seabed at 17 m depth .The damage caused
Part II UNCLOS and Economic Rights Coastal States The United Nations Convention on the Law of the Sea (UNCLOS) grants special rights to the coastal states with regards to exploration and use of marine resources, including energy production in the area in its jurisdiction at times termed as exclusive economic zone. Economic Control of Waters
Sanctions & Disruption of Energy Supply Chain Courtesy The Japan Times After the conflict in Ukraine erupted Russian supply of oil and piped gas to the European Union got severely disrupted. The US and EU imposed sanctions as well as a price cap on Russian crude. The ostensible purpose seems to be to curb Russia's
