South Hook Gas Highlights Growth Opportunities for LNG Supply and Demand in Europe

first_imgRashid Al-Marri, General Manager of South Hook Gas was one of the key speakers at the recent Gas and Electricity Summit in Paris and Euroforum Gas Conference in Berlin. In his speeches, Al-Marri explained that population growth and rising living standards were likely to drive global gas demand for the foreseeable future, and that this would also be reflected in continued growth in LNG supply and demand.Across Europe, countries are grappling with the energy trilemma of energy security, cost competitiveness and decarbonisation and Al-Marri highlighted the cost competitiveness of gas versus other energy sources, its lower emissions compared with coal and oil use not just in the power industry but as LNG in the transport sector. Indeed, in the US, gas powered cars, trucks, buses and trains are helping emissions to fall sharply there and these markets together with the marine sector, offer some attractive opportunities for LNG.Al-Marri explained how the arrival of LNG had strongly improved energy security in Europe as it now has access to additional sources of natural gas from farther afield. Indeed South Hook Gas has grown to become one of the largest LNG importers in Europe with the potential to meet around 20% of UK gas demand. In less than five years, it has imported more than 330 LNG cargoes and supplied the market every day since commencing operations in 2009. To date, these cargoes have been delivered from the world’s largest LNG producer, Qatar, and that the investment made in South Hook Gas and the South Hook LNG Terminal demonstrates the long-term commitment to the European gas market by their shareholders.He concluded by explaining that South Hook Gas’ mandate was to import LNG and to maximise the utilisation of the capacity of the South Hook LNG Terminal and the company had signed agreements with a number of counterparties interested in potentially delivering LNG to the UK market and would welcome similar discussions with any other company wanting to supply the UK market.[mappress]LNG World News Staff, December 17, 2013; Image: South Hooklast_img read more

DB Schenker opens the first phase of its largest warehousing hub…

first_imgSea News, September 14 Equipped with digital technologies, this state-of-the-art warehouse is fully Radio Frequency-enabled, equipped with 100% consignment scanning feature, conveyor for operation movement, automated shutters, TAPA compliant & FM Global compliant fire prevention & suppression system, Green Building certified by GBCI under EDGE platform, and access control enabled doors among a slew of many other features. (Image Courtesy: DB Schenker) Vishal Sharma, CEO of Cluster India & Indian Sub-Continent, DB Schenker said, “It is a milestone development in the overall Contract Logistics strategy for the organization after years of careful planning and preparation. It is also a strong testament to DB Schenker’s long term commitment to India as it is one of its most strategically important market in the global network and is projected to grow over 100% by 2025 (year).” Schenker India offers a complete range of International air and ocean freight, contract logistics and global supply chain solutions. The new facility will extend the services to Schenker India’s existing customer base of 1800+ in sectors such as automotive, pharma, retail and consumer, industrial, electronics and aerospace. “As we have also seen how logistics is critical in the fight against global crises such as the current pandemic, whether in good or bad times we press on with our efforts to develop and invest in our capabilities and network, as a statement of commitment and intent to support the India market and community,” added Vishal Sharma. “This facility in Badli is part of our broader plan to develop similar large-scale warehouses in India and double the warehousing capacity to 650,000+ sq mts from the current national footprint of 325,000 sq. mts. This we target to accomplish by 2024. The development will greatly enhance DB Schenker’s footprint in the Indian subcontinent to serve all our customers in all vertical markets.” DB Schenker plans to strengthen its local footprint in India over the next few years and to become one of the largest logistics service providers in the country. With this strategy in mind, Schenker India opened its largest warehousing hub in the country. The first phase of the warehouse spans over a space of 25,000 sq mts located in Badli, Gurgaon which is close to the KMP (Kundli Manesar Palwal) expressway and strategically located for effective and efficient supply chain management within NCR and North India. DB Schenker, the global leading logistics service provider, is a 100 % subsidiary by the German railway company Deutsche Bahn. The new facility provides solutions for consolidation, storage planning and freight management for a complete end-to-end supply chain solution. Author: Baibhav Mishralast_img read more

Fernandes explains decision to give Park a two-year deal

first_imgQPR chairman Tony Fernandes has explained the decision not to sign Park Ji-sung on a longer-term contract.The South Korean, who recently arrived from Manchester United, agreed a two-year deal at Loftus Road, but Fernandes believes Park will be at the club beyond 2014.He said: “It was something we discussed. It’s a big step for Ji to move from such a big club, so let’s all get comfortable with each other.AdChoices广告“We’re confident that with our ambitions for the future he will enjoy it here and be with us for longer.”Follow West London Sport on TwitterFind us on Facebooklast_img

Baby Falcon in a cage

first_imgMonteverde knows Serrano won’t allow the controversy to define his budding career: “He didn’t do anything wrong. He just really wants to play and help the team win a championship.”Serrano, who dreams of making the PBA, knows he is far from the player he wants to be. But these trials that he’s faced early in his life has equipped him to deal with challenges that will come his way.“I have moved on,” he says. “I learned to be strong. I want to give Adamson a championship. That’s the only way I can give back for all the support they’ve given me.” Taal Volcano continues to emit steam, ash from weak explosions 2 ‘bookies’ bet collectors held in Quezon Panelo: Duterte only wants to emulate strong political will of Marcos “Coach told us there are just things beyond our control,” Serrano says. “But how we react is something we can control. I kept that in mind.”But if there’s someone who’s strong enough to deal with life’s punches, it’s Serrano, who, at 17, has experienced being a provider for his two siblings.It’s easy to understand why Serrano already has a muscular and chiseled figure even as a teenager. When he dropped out of Grade 7 when he was 14, Serrano worked in construction six days a week for four months, putting his education and his love for basketball on hold. Later that year, he took another job as a tricycle driver in Apalit to help ends meet for his family. He also worked as a porter for a steel company.“I insisted on working,” says Serrano. “My older sister was about to enter college and our parents could not support the two of us studying, so I made that decision to sacrifice for the family. I told them I can wait. But eventually, I wanted to move to Manila so I could play basketball.”Long before that, however, Serrano was already making his mark on the hardcourt in Sitio San Juan.“They called me HB, short for HanapBuhay,” Serrano says with a laugh. “We would bet on our games and I used my winnings to buy food and help out my family.”Serrano’s parents are separated and he lived with his grandmother at that time. Growing up, Serrano looked up to Marc Pingris, the energetic Gilas Pilipinas forward. Pampanga-born cager Calvin Abueva is also another player whom Serrano patterns his game after. Serrano recalls playing with Abueva in a “Ligang Labas” game a few years ago in San Juan. “Still one of the most memorable moments of my life,” says Serrano, who turns 18 in September.The first time Monteverde saw Serrano play for Mapua in one of the pre-season games, he was impressed. “He was very explosive and he has shown maturity in his game,” says Monteverde, who was then rebuilding the Adamson program after the graduation of the majority of the players in the team that reached the UAAP Final Four in Season 77.As soon as Serrano moved to the San Marcelino campus, he began showing the skills that made him a star back in Sitio San Juan.“As a player he is very competitive on both ends, and even in scrimmages he doesn’t want to lose,” Monteverde says. “As a person he is laid-back and willing to adjust and learn the system. He gives us energy, but he’s going to have to work on his skills when he plays the wing position later in his career.” Late in the second round of the high school basketball tournament last January, the Baby Falcons were playing the University of Santo Tomas Tiger Cubs at Filoil Flying V Centre in San Juan when Serrano, the frontrunner in the the Most Valuable Player race in the juniors division and the spearhead of Adamson’s best season in years, learned about his fate.“I was preparing to sub into the game when coach Goldwin (Monteverde) told me I couldn’t play,” Serrano recalls in Filipino.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSBreak new groundSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnThe Baby Falcons ended up winning the game to improve to 12-1, but Serrano was reduced to tears as news broke that he had been declared ineligible to play for the season. Worse, the 11 wins the pacesetting Baby Falcons had registered were also forfeited since Serrano played in those games, ending Adamson’s title hopes.The UAAP board cited the school’s failure to submit the complete high school records of Serrano, who had dropped out of St. Vincent’s Academy in Apalit, Pampanga, in Grade 7 before transferring to Mapua and later, to Adamson. Curiously, the records from St. Vincent were not submitted to the UAAP board. Beggar dead in Quezon hit-and-run incident For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Sports Related Videospowered by AdSparcRead Next MOST READ Motorcycle taxis ‘illegal’ starting next week — LTFRB board membercenter_img LATEST STORIES Ateneo shocks defending champ La Salle Prince Harry: ‘No other option’ but to cut royal ties Palace: Crisis over ABS-CBN franchise unlikely China counts sharp rise in coronavirus cases, 2 in Beijing Don’t miss out on the latest news and information. Marcos monument beside Aquino’s stirs Tarlac town View comments Florencio “Encho” Serrano learned how tough life can be at an early age. But the Adamson juniors basketball star still felt like a needle pierced his heart when he was told he could no longer play for the Baby Falcons in UAAP Season 79.ADVERTISEMENT Adamson appealed, but the league stood pat in its decision and instead blamed officials of the school for not following the rules after failing to submit a correct and signed Varsity Athletes Information System to the league.The school later secured a temporary restraining order (TRO) from a Regional Trial Court in Manila, but the league chose to ignore it and pushed through with the tournament, won by Far Eastern University-Diliman at the expense of National University.Monteverde, in his fourth season at the helm of the Baby Falcons, insists that Adamson had no intention to break the rules, saying they only submitted documents that were given to them by Mapua.Throughout the controversy, Serrano battled to keep his emotions in check. He found strength from his teammates and Monteverde. “The team embraced Encho,” Monteverde says. “This is a very tight-knit team. This was their true test and they never let Encho feel bad about what happened, although they also suffered because all their hard work came to nothing.”“We’re a family in this team and I felt that more during that most difficult time,” says Serrano, who was in tears as he sang the school hymn in Adamson’s final game of the season—a win over title contender National U.ADVERTISEMENTlast_img read more