Chevron, ENN Pen Gorgon LNG Deal

first_imgzoom Chevron’s Australian subsidiaries have signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia. When the deal is finalized, ENN is expected to receive up to 0.5 million metric tons per annum (MTPA) of LNG over 10 years, with deliveries starting in 2018 or the first half of 2019.According to Mike Wirth, executive vice president, Chevron Midstream and Development, the deal  represents further progress with new LNG buyers in China who are “poised to transform the LNG landscape in that country.”This HOA follows the recently announced non-binding LNG supply HoA with China Huadian Green Energy Co.ENN LNG is one of the subsidiaries of ENN Energy Holdings Ltd., which is one of the largest natural gas distribution companies in China. ENN’s Zhoushan LNG receiving terminal is being constructed and expected to be in operation by 2018.The Gorgon Project is a joint venture of the Australian subsidiaries of Chevron (47.3 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (1 percent) and Chubu Electric Power (0.417 percent).The Gorgon Project combines the development of the Gorgon Field and the nearby Jansz-Io Field. Facilities being built on Barrow Island include an LNG facility with three processing units capable of producing 15.6 MTPA of LNG, a carbon dioxide injection project and a domestic gas plant.last_img read more

DU admission Aspirants lack interest in Commerce Arts most sought after

first_imgNew Delhi: Once considered the prominent courses in Delhi University, B. Com (Honours) and B.A( Honours) Economics, are finding hard to attract admission. Even top colleges like Hindu, Lady Shri Ram, Miranda House, Ramjas and Kirori Mal have witnessed less aspirants for the Commerce courses while Arts courses like BA (Hons) English, Political Science and History have witnessed a recordhigh. According to the faculties in different colleges, BA. (Hons)Political Science has been a break out course, but the lack of interest among students for the Commerce course like B.Com Honours and BA. Economics Honours has come as a shock for many. Also Read – Bangla Sahib Gurudwara bans use of all types of plastic itemsWhile some credit the lack of interest to the high cut-offs, many believe that aspiration of the civil services has a big factor for the students to choose Arts courses. In almost 93 seats available for the students to apply in B.Com Honours and B.A. Economics Honours in the Kirori Mal College, the college received only 8 enrolments in the first while the exact number of enrolments in the BCom honours was not available. The faculty in the college said that only one admission under general category was received since the process started. Also Read – After eight years, businessman arrested for kidnap & murder”For both Economics and B.Com honours, we have received only one application each while the courses like English Honours and Political Science have been receiving good response from the students,” said Akhilesh Bharti, a faculty member at Kirori Mal College. Another top college, Hindu faced the same situation as even after releasing the highest cut-off for the Political Science course, the admissions were full in the first round. However, the college saw smaller number of admissions in the Commerce courses. “Although 22 students got enrolled in the B.Com Honours course and 24 other got enrolled in the Economics Honours course, the numbers were still less when compared to the Political Science and English courses, which received 84 and 44 enrolments respectively after first cut-offs,” said a faulty member in Hindu College. However, most of the faculty members who interacted with the students during the admission process found that several of them had one career goal — cracking the prestigious Civil Services examination. The students believed that the Arts courses will help them concentrate more on a subject and crack the examination easily.last_img read more