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Philippines’ ousted leader is pardoned

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! MANILA, Philippines (AP) – President Gloria Macapagal Arroyo pardoned her ousted predecessor Thursday, a move that drew praise as an olive branch toward political reconciliation and scorn as an opportunistic maneuver endorsing corruption. Joseph Estrada has been a constant thorn in Arroyo’s side since he was arrested shortly after being forced out by a “people power” revolt in January 2001. He was convicted last month on graft charges and sentenced to life in prison. The pardon is seen as part of Arroyo’s efforts to bury the hatchet with her nemesis as she faces renewed calls for her resignation and another impeachment complaint – her third so far – on allegations of bribery. Arroyo cited her government’s policy of releasing convicts who have reached age 70, Estrada’s 6 years in detention, and his pledge not to seek public office.last_img read more

Qatargas RasGas CoLoad First LNG for Split Delivery

first_imgzoom Doha-based liquefied natural gas company Qatargas and RasGas have completed the first co-loading of liquefied natural gas (LNG) for split delivery on board LNG carrier Al Khuwair.The parties co-loaded the cargoes at the Ras Laffan terminal in Qatar on the Q-Flex LNG vessel. The cargoes were delivered to the Zeebrugge LNG Terminal in Belgium and the South Hook LNG Terminal in the United Kingdom, respectively.This method of multi-port delivery of a single LNG cargo from two separate suppliers “represents a new level of operational flexibility and supply chain efficiency in the LNG industry.”Prior to this development, the established practice was to load a single cargo for delivery to a single location supplied by a single seller.“We are delighted to have achieved this key industry milestone through the hard work and dedication of the Qatargas and RasGas teams, vessel operators and our LNG customers,” Saad Sherida Al-Kaabi, President and Chief Executive Officer of Qatar Petroleum, and the Chairman of Qatargas Board of Directors, said.The milestone comes on the back of a political crisis which hit Qatar in at the beginning of June, when Saudi Arabia, the United Arab Emirates, Bahrain, and Egypt cut all diplomatic, trade, and transportation ties with the country.Air, sea, and land border connections were cut off, blocking all vessels coming from and going to Qatar from the four countries.Earlie in August, Qatar’s Minister of Transport Jassim bin Saif bin Ahmed Al-Sulaiti informed that the country plans to establish three new direct maritime routes with Malaysia, Pakistan and Taiwan in September to go around the blockades imposed by its neighbors.last_img read more

BuckeyeLed JV to Build New Terminal at Corpus Christi

first_imgzoomIllustration; Image Courtesy: Port of Corpus Christi Houston-based pipeline and terminal operator Buckeye Partners has set up a joint venture with Phillips 66 Partners and Andeavor to develop a new deep-water, open access marine terminal in Ingleside, Texas. The South Texas Gateway Terminal will be constructed on a 212-acre waterfront parcel at the mouth of Corpus Christi Bay and is aimed to serve as the primary outlet for crude oil and condensate volumes delivered off of the planned Gray Oak pipeline from the Permian Basin.The terminal, to be constructed and operated by Buckeye, will offer 3.4 million barrels of crude oil storage capacity and two deep-water vessel docks capable of berthing very large crude carriers (VLCC).The facility can be expanded to include over 10 million barrels of storage capacity as well as multiple additional docks and other inbound pipeline connections, the company said.As informed, the initial construction of the terminal is supported by long-term minimum volume throughput commitments from Phillips 66 and Andeavor, and the terminal is scheduled to commence initial operations by the end of 2019.Buckeye will own a 50 pct interest in the JV, while Phillips 66 Partners and Andeavor will each own a 25 pct interest.“The South Texas Gateway Terminal will serve as a premier open-access deep-water marine terminal in the Port of Corpus Christi,” said Khalid Muslih, Executive Vice President of Buckeye and President of Buckeye’s Global Marine Terminals business unit.“This project expands our presence in the important Corpus Christi market, which we believe offers strong competitive advantages for waterborne shipments of crude oil and other petroleum products from the fast-growing Permian and Eagle Ford shale plays. Recently announced improvements to our existing flagship Buckeye Texas Partners terminal, which sits along the ship channel in the Port of Corpus Christi, have expanded its leading marine terminalling capabilities.”last_img read more