OLNG

AcronymDefinition
OLNGOman Liquefied Natural Gas
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
Kitani had moved from Qalhat LNG to OLNG in August 2012 to prepare for the fusion.
Gas-associated industries have contributed to Omani employment, and current estimates suggest LNG and the domestic gas-based industries, including the Oman Refineries & Petroleum company, which OLNG supports, contribute over 15 per cent of the sultanate's overall revenue.
In his capacity as chairman of OLNG, Jashmi follows a gas development strategy based on three models adopted in the 1990s: (1) that of Trinidad and Tobago (T&T), whose main challenge then was high un-employment and needed new jobs for its nationals out of an expanding gas sector and gas-based industries, as well as jobs for Omanis in LNG maritime shipping - a sector short of man-power on both sides of Suez, and Omanis are being trained in this field, taking into account Oman's history as a maritime shipping empire, hence the importance of Oman Shipping Co.
OLNG, in partnership with Spain's Union Fenosa, will soon begin construction of `train-three' with installed capacity of 3.3m t/y.
OLNG had made big profits from 2000, when it began exports, to mid-2008 - after having covered all costs for two 3.6m t/y LNG trains.
The list include PDO, OXY, Daleel Petroleum, OLNG, ORPIC, OGC, DNO, PTTEP, Petrogas, CCED, OOCEP, Frontier Resources, Petrotel, MOL, Masirah Oil and BP.
It is worth mentioning that the conference is organized by the International Centre for Quality, Production and OITE in collaboration with the Ministry of Civil Service, PDO, OLNG, Takaful, Omantel, Muscat Electricity Distribution Company, Salalah Port, Oman Shipping Company, Mawarid Development, Information Technology Authority, Ministry of Defence and Engineering Services, Oman Sail, Arab Trainers Union and Oman Knowledge.
Participants included members of the Oman government, joint venture partners from Petroleum Development Oman (PDO), Oman LNG (OLNG), Shell Oman Marketing (SOM) as well as students and professors from universities and colleges across Oman.
In his capacity as chairman of OLNG, Jashmi follows a gas development strategy based on three models adopted in the 1990s: (1) the model of Trinidad and Tobago (T&T), whose main challenge was high unemployment and needed new jobs for its nationals out of an expanding gas sector and gas-based industries, as well as jobs for Omanis in LNG maritime shipping - a sector short of manpower on both sides of Suez, and Omanis are being trained in this field, taking into account Oman's history as a maritime shipping empire, hence the importance of Oman Shipping Co.
Indeed, projects crucial to the country's future, such as the Sohar industrial zone, are reliant on revenue to be generated from Oman LNG (OLNG).