Field notes from the operating side

My Name is Qatar, And I Am Not A Terrorist

As a fallout of the accusation by its Gulf neighbors - Saudi Arabia, the United Arab Emirates, Bahrain and Egypt – of funding Islamist terrorism, an allegation denied by Qatar, the situation threatens to weaken liquidity in the gas-rich country as its Qatari lenders are under pressure to withdraw their services after Qatar’s Gulf neighbors cut diplomatic relations and closed transport routes in June. Read more here: https://www.bloomberg.com/news/articles/2017-08-06/biggest-qatar-bank-is-said-weighing-funding-option-amid-gcc-spat

 

The Past Comes Calling

History may repeat itself as Decades-old sanctions preventing U.S. oil companies from having any dealings with Iran will likely see all opportunities of American oil companies snapped up by Chinese, Russian and European firms -- just as they did less than a decade ago in Iraq. Read more here: https://www.bloomberg.com/gadfly/articles/2017-08-06/as-trump-keeps-u-s-from-iran-russia-and-china-step-in

 

Please Shift! How Does It Concern Us?

Despite the feud between the United States and Russia, that saw Russia expelling American diplomats from its country following a sanction by US that targets people and entities that invest certain amounts in Russia's energy export pipelines, two of it’s diplomats U.S. Secretary of State Rex Tillerson and Russian Foreign Minister Sergey Lavrov met and held cheerful talks Sunday on the sidelines of an Asian regional gathering in the Philippines and ignored questions from journalists hovering around. Read more here: http://www.winchesterstar.com/associated_press/washington/amid-us-russia-feuding-their-chief-diplomats-hold-talks/article_2d14980a-8b9c-5e1c-9524-3815c6c4ad9c.html

 

How Many LNG Cargoes Is Equal To One Neymar?

Football star Neymar is having a time of his life as he becomes the most expensive footballer of all time in a £198m move to PSG, paid for in one cheque, and WoodMackenzie MENA, a unit of the UK-based consultancy, released an interesting infographic on Friday through its social media channels as they compare his worth, mathematically, to LNG cargoes. Read more here: http://www.lngworldnews.com/how-many-lng-cargoes-is-neymars-record-breaking-transfer-to-psg-worth/

 

Practice What You Preach, You Gas-pocrite!

Saying one thing, and doing another, is the predicament Germany, a country that has been a staunch preacher of climate protection and one of the world’s most vocal critics of President Donald Trump’s decision to back out of the Paris Climate Accord has found itself as its failure to reduce greenhouse gas emissions set to extend to 9 years. Read more here: http://notrickszone.com/2017/08/06/germanys-failure-to-reduce-greenhouse-gas-emissions-set-to-extend-to-9-years/#sthash.4VqIMd1W.D5LhJfoy.dpbs

 

Pay Me What You Owe Me

Only 3% of the debt of $534.2million for the supply of Liquefied Natural Gas (LNG) by Ghana National Gas Company (GNGC) to Volta River Authority (VRA) has been settled, according to the Director of Finance of GNGC, Emmanuel Essel constricting the cash flow of the former. Read more here: https://www.myjoyonline.com/business/2017/August-6th/ghana-gas-choking-on-vras-500m-indebtedness.php

 

Banned! ISee, But First Let Me Ask A Question

Germany, Britain, India, Norway and Netherlands are some of the countries that has ban the sale of gasoline and diesel cars by a 2040 deadline but there are impending questions. Read more here: http://www.tulsaworld.com/business/how-realistic-are-plans-to-ban-new-gas-and-diesel/article_3fda4799-6037-5f9e-ad6b-81c57cdfedd6.html