LPG Gas production supply in Middle East

   LPG Gas production in Middle East

Reduction in supply will normally result in A contract quantities,  but a lowering of demand with cover duration roves en abilities final net and the approach to during the nu for the quantity from the ointment on to the gory-1 e actual section are st LNG in supply corruption actions ABU DHABI’s GAS Experience may remains otherwise valid.

       In fact,  force majeure-which apply to both parties depending on the event in question will result in a cessation of deliveries and potentially a cancellation of the contract.  In the case of LPG contracts these terms do not pose a problem for buyers as a spot market for LPG be of significant importance to sellers because of their dependence on crude oil production for LPG feedstock.

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LPG OIL PRODUCTION

LPG oil production

   These quantity determinations recognize realities.  Quantity determinations are also indirectly e if related to shipping terms.  For example typically sells LPG on an basis at the plant,  meaning that quantity is determined at the time of loadin produg cally LNG Quantity Provisions Similarly,  the quantity provisions of LNG contracts recognize the is the realities of the LNG marketplace.

    The need for LNG quantity mexibility is determined by production and demand.  n often S to be production levels during the early years of a contract may be uantity significantly less than those during the mid-to-late years,  as the facilities mature and are capable of more efficient operation Accordingly,  contract quantities vary in relation to expected production levels.

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THE PETROLEUM Experience oF ABU DHABI GAS products

THE PETROLEUM Experience oF ABU DHABI GAS products

THE PETROLEUM Experience oF ABU DHABI GAS products,  it does not realize any profits which would be sub Common taxation.  Unlike ADGAS,  which pays income tax on its reven realized through the sale of its products,  LPG an income tax.  Instead,  the Abu Dhabi income tax is  appear which accordance with the Departmental Letter,  on each participating mech GAsco.  If,  however,  GASCo ere to become a profit.  making specific nee entity,  it too would be subject to taxation.

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The onshore gas development projects AGD-2 and AGD.3

   The onshore gas development projects AGD-2 and AGD.3

presently planning an expansion of gas processing capacity under handle the additional gas that will be produced once the onshore gas development projects(AGD-2 and AGD.3)  icipal completed in 2007-2008.  This is the fields Management and Administration of GASCO GASCO is controlled by ADNOC(68 percent holdin oil fields.

Shell(15 percent eacl)  and Partex(2 ADNOC The business and affairs of GASCO are managed by a B is the gas Directors composed of seven Directors,  of whom a a participat four and Total,  Shell and Partex each appoint one.

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Expansion Project ADGAS completed a major project to double the capacity of Das Island plant

  Expansion Project ADGAS completed a major project to double the capacity of Das Island plant

Expansion Project ADGAS completed a major project to double the capacity of Das Island plant through the addition of a third gas train which a capacity of 3 million tons per year of LNG and 250,000 ton year of LPG.
     Feedstock for the new train consists of both asso gas from the Umm Shaif and Zakum fields and associated gas from the Umm Shaif and Abu Al-Bukhoosh fields.  Additional for TEpco over a 25-year period,  pursuant to the sale purchase agreement between ADGAS and TEPCo (signed October 3,  1993)  which provided for an increase in its purchases to 4.3 million tons per year of LNG and 750,000 tons per year of LPG with effect from 1994.  In addition to its term contracts,  ADGAS began selling LNG on the spot market in the late 1990s.  Transportation of Exported Gas Initially,  shipping capacity had been arranged pursuant to two contracts of affreightment (COAs)  between ADGAS and the Liquefied Gas Shipping Company(LGSC).  LGSC was a company with identical ownership to that of ADGAS and was registered in Bermuda.

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