Vopak Expands Share in Pakistan’s LNG Terminal

first_imgTank storage company Royal Vopak is to acquire 44% in Elengy Terminal Pakistan Ltd (ETPL) in separate transactions with International Finance Corporation (IFC) and Engro Corporation.This includes the acquisition of a 29% share announced in July 2018 when Vopak bought the stake in ETPL from Engro Corporation.ETPL’s wholly owned subsidiary, Engro Elengy Terminal (Pvt) Ltd (EETPL) owns an LNG facility which is located in Port Qasim in Pakistan, adjacent to the Engro Vopak chemical terminal on the mainland side of the channel into Port Qasim. The facility has been in operation since 2015 and is the first LNG import facility in Pakistan.The facility consists of an LNG jetty including a 7.5 km high pressure gas pipeline. This pipeline is connected to the grid of EETPL’s sole customer Sui Southern Gas Company, a Pakistan government-owned entity. EETPL holds a 15-year floating storage and regasification unit (FSRU) time charter.The liquefied gas is supplied, under long-term contracts, via LNG carriers from various exporting countries to the FSRU, which is moored to the EETPL jetty and connected to its pipeline. The regasification takes place on the FSRU and the gas is transferred to the mainland.Following the completion of the transaction, the shareholders in ETPL will be Engro Corporation and Royal Vopak.As informed, the acquisition is subject to certain conditions and closing is anticipated to take place in the first quarter of 2019. The first transaction is still planned to be completed in the fourth quarter of 2018.last_img read more

Popoola, Udo-Obong, Ogunkoya to Speak at Editors’ Forum

first_imgAccording to Chairman/CEO HS Media Group, Mr. Taye Ige, the objective of the forum is to among other things provide a platform for sports experts and sports journalists to highlight the present challenges facing Nigerian sports.“The objective of the Forum, among other things, will be to provide a veritable platform for these men of sports experts and pen profession to depict an accurate status of sports in Nigeria, highlight the present challenges of our Olympic Contingent preparations, and identify practical and specific steps to achieving podium performances for Nigerian athletes at future Olympics with a view to encouraging more commitment and support for TEAM NIGERIA by both Public and Private Sectors,” Ige noted.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram HS Media Group, a global sports television conglomerate, is organising an Editors’ Forum on Friday, July 22 at its corporate headquarters in Oregun, Lagos where top sports experts at to speak on the state of Nigeria’s ports.Special Guests speakers expected at the forum include; Secretary General of the Nigeria Olympic Committee (NOC), Tunde Poopola; Olympic gold medallist in 4 x 4 Relay, Enefiok Udo-Obong and Olympic silver medallist in Women’s 400m, Falilat Ogunkoya .The event which will be wholly sponsored by HS Media Group, the emerging media hub in the coast of West Africa, will be a congregation of carefully selected crack team of seasoned Sports Journalists, players in the industry and administrators.Also expected at the gathering are Managing Director Complete Communications, MuminiAlao; GM Special Publication (The Sun Newspapers), Kunle Solaja; Editor, The Nation’s Sporting Life Newspapers, Ade Ojeikere; Chairman, Guild of Sports Editors/Group Sports Editor Vanguard Newspapers, Tony Ubani, and a host of others.last_img read more

Boys volleyball Northstars improve record to 13-0

first_imgWorking on the Northstars’ back line, Brandon Millias finished with 26 assists, plus four digs. Trace LaRobardiere again paced the defense as he earned 14 digs.Just before that, C-NS handled Syracuse City 25-11, 25-13, 25-11 last Monday night, giving Connor D’Agostino an extended look on the back line as he finished with 16 assists, three aces and two digs.Millias still had seven assists, plus four aces and four digs, while Hendry also got three aces. Brandon Champion led the front line with nine kills as Jared Gilbert produced four kills, four aces and four digs. Felasco, Wisely and Gabriel LoRobardiere had three kills apiece. Entering the first full week of October, the Cicero-North Syracuse boys volleyball team sported a 10-0 record, and kept on rolling through three more opponents.In the middle of that run was last Wednesday’s sweep of Baldwinsville, where the Northstars won each of the first two sets by equal 25-17 margins and then took the third set 25-20 to complete the sweep.Kevin Felasco finished with nine kills, part of a C-NS front line where John Hendry gained eight kills and five blocks, while Dan Seliger augmented his five kills by earning nine digs. Carter Wisely added three kills and two blocks. Up against Midlakes on Friday night, C-NS lost the first set 25-17, but quickly rebounded by dominating the rest of the match, winning the next three sets by margins of 25-15, 25-14 and 25-17.Felasco put away 12 kills and seven digs, with Seliger adding 10 kills and nine digs. Hendry got seven kills, five blocks and five digs and Sennett added five kills as Wisely had eight digs and three kills. Feeding all of them, Millias put up 37 assists and nine digs as Trace LaRobardiere managed 17 digs.Liverpool was back on the court last Wednesday night, taking on Oswego, where it dropped the first set 25-19, but then won a tight second set 26-24 over the Buccaneers to pull even.Yet once Oswego got the third set 25-22, it wore the Warriors down and won the fourth 25-13 as Nate DeVinny amassed 47 assists for the Bucs, with Riley Mahoney getting 20 kills and Garrett Besaw adding 12 kills.For its part, Liverpool had 23 assists from Quinn Moore, his passes going to Anthony Pezzino, who had 10 kills, and Elliott DeForge, who had six kills. Pezzino also had 12 digs as Jagger Alberici earned nine digs and Nolan Feidt eight digs, while Aidan Shoemaker had three kills and Jeremy LaManche had four digs.The Warriors’ match with Living Word Academy on Tuesday was the first of three in four days, Liverpool also going to Syracuse City and Jamesville-DeWitt before the week was done.As for C-NS, after facing Central Square and Living Word this week, it has a big Saturday showdown with Section V power Penfield, who won the state Division I title in 2016 and ’17.Share this:FacebookTwitterLinkedInRedditComment on this Story center_img Tags: boys volleyballC-NSliverpoollast_img read more

Injury List Confirmed for Tipperary Ahead of League Opening

first_imgThe Premier have also confirmed that Conor O’Brien will be out for 3 weeks while Kieran Bergin will be out of action for a fortnight. New panellist Sean Curran misses the entire league campaign with a medial ligament injury. Tipp open their league campaign against Dublin in Thurles this Saturday in a game which will be broadcast live here on Tipp FM in association with Alliance Medical.last_img