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Asia Pacific LNG Market Demand and Supply Scenario

Asia Pacific LNG Market Outlook 2020

The demand of energy is increasing rapidly across the world. In such a scenario, natural gas is increasingly being considered as the fuel of choice for the near future, as it is less polluting than oil and coal. The market for LNG has been growing at a fast pace for the past few years on the back of factors like, environmental concerns, high energy demand, government support, and huge investments. The world is witnessing a significant level of development in the global LNG trade with imports and exports of LNG forming a vital part of countries’ relationships with each other. Especially the Asia Pacific countries, due to greater economic growth, are pushing themselves to develop and enhance the natural gas and LNG industry.

Our report identified major countries of Asia Pacific region in terms of demand and supply. Each of the countries is studied thoroughly with special focus on demand and supply scenario of the country; major LNG receiving terminals/production plants; under construction and proposed LNG receiving terminals/production plants; and medium and long term receiving/supply contracts. Forecasting of LNG demand/supply for 2015 and 2020 of each country is also provided in the report.

LNG has become an increasingly important supply source in meeting the Asia Pacific energy needs. As majority of Asia Pacific countries are importers of LNG, the region represents a big LNG market. According to our new research report -Asia Pacific LNG Market Outlook 2020-, Asia Pacific represents more than 60% of the world LNG demand.

According to the report, Japan accounts for majority of Asia Pacific LNG demand in 2011. After the nuclear reactors failures due to March 2011 earthquake and tsunami, Japan’s LNG demand increased significantly. Other countries such as China, India and South Korea also contribute significant share in the region’s total demand. Moreover, China is emerging as the fastest growing LNG market.

On the supply side, Australia ranked third in the Asia Pacific region LNG supply in 2011, is expected to outpace Malaysia and Indonesia to become top most LNG supplier in future. With a number of under construction and proposed LNG liquefaction plants, huge investments and various LNG supply contracts, Australia is well placed to take advantage of the considerable opportunities presented by the strong demand for energy resources.

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Offshore Corporation And Offshore Merchant Account.

Having a credit card with you helps you be at ease. With the credit card in your wallet you can shop around merrily without worrying over your money getting stolen. The credit card also facilitates you to carry out huge purchases without having to shell out tons of money at the payment counter. Most of the shopping arcades, restaurants, supermarkets, and private shop owners have credit card machines installed at their payment counters to help the consumer pay by credit cards and which perform the task of online credit card processing. This has made it possible and convenient for the consumers to avoid carrying hard cash, thus avoiding the risk of an occurrence of any kind of mishap.

Many merchant businesses today, have credit card machines at their disposal. The merchants find it easier to accept the credit card payments by getting them processed via the credit card machines. For the realization of the payments done by the consumers by using their credit cards, these merchants open up a merchant account. Also the credit card processing method enables quicker online transaction. Many merchants who have their business, be it big or small, have also opted for opening an offshore merchant account that facilitates them even to carry out international trade.

Many offshore companies and offshore merchant account providers offer various features including tax benefits, privacy as regards their accounts, immunity from international fraud, low and high risk merchant accounts, real time credit card processing, payment gateway solutions, provide solutions no matter what the geographical position of the individual is, protection against online forgery, payment processing in multiple currencies, 24/7 customer support, etc.

For doing businesses outside their home country, many people set up offshore structures, conducting their business affairs that do not infringe any laws. Many people live in other countries wherein they require offshore merchant accounts, offshore bank accounts, offshore corporations, offshore real estate, etc. Very often people use offshore privacy for the purpose of protecting themselves from identity theft, kidnapping, blackmail, and possible extortion.

The banks that offer offshore merchant account dont have to perform credit history checks; it means that even if you have had a bad credit history and disqualify for a merchant account in US, yet youll qualify for a free offshore merchant account. A free offshore merchant account doesnt require statement fees. No monthly or annual charges have to be incurred for this type of account. The completely computerized payment process, which involves real time processing, makes the whole thing simple. So, even though you are a high-risk merchant, still your company can get an offshore merchant account.

An offshore merchant account offers high security business account processing which is completely hassle free and also doesnt charge excessive fees. Free offshore merchant accounts offer benefits that one cant get with a domestic merchant account. All your offshore commercial activities are dependent on them. These accounts have come up as a wonderful endowment for the business world.

Nominee Directors For Bearer Share Corporations

If you want to purchase an offshore corporation anonymously in Panama, it is still permitted as long as it is done by bearer shares. Most offshore/IBC financial centers prohibit bearer shares. This serves as a key and resourceful opportunity in preserving financial privacy in Panama as an offshore business and banking center.

Panama corporations list officers and directors (President, Secretary and Treasurer) on a public record with the Panama Public Registry. If you have basic understanding of English and access to the internet, you can access this information online.

In order to preserve financial privacy in Panama, there are bearer share corporation options known as nominee directors that provide an extra layer of asset protection to the Panama corporations beneficial owners. A nominee director serves as passive in nature, and just receives an honorarium for renting his or her name. Generally, nominees are employees of the law firm involved in the incorporation of the Panama company. Through a private Power of Attorney, the beneficial owner remains in control.

There are times when a professional Panamanian director rather than a nominee may be appointed. The difference between a professional director and a nominee is that a professional director has more control over the day-to-day- operations (for example, having signatory power over the offshore corporate bank account). However, the beneficial owner is at the end of the day still responsible for running the company.

In order to ensure and guarantee the safety of a nominee director, the beneficial owner and a nominee director may want to sign a director indemnity agreement or letter. More often than not, the nominee director will sign an undated resignation letter, which the beneficial owner may execute at any time he desires. In doing so, a new director, whether nominee or otherwise, will be registered at the Public Registry.

Not only is a nominee position viewed as respectable, but well paid profession. The purpose is to maintain the personal and financial privacy of people who do not wish to disclose their interest or association with a given corporate body. Furthermore, it enables clients to maintain their Panama corporations in full compliance with Panamanian law, and also protecting the identities of the persons actually controlling the company. Our firm is more than happy to provide the nominee and professional director service for all offshore Panama corporations we incorporate. Please contact us for further details.

The Economic Crisis And Investments In Gold

The crisis that rapidly spread around the entire world had drastic consequences on each individual. A state of panic and anxiety gained control and people lost their trust in any national and even international currencies. No investment seems to be sure as most of the businesses suffered from bankruptcy and this way the investors lost all their savings. Due to these factors, gold has become to gain popularity. The reasons why people find this precious metal to be a good investment are easy to understand. Over the years, the price of gold has increased and become more reliable than any currency.

Those who take into consideration a gold investment should know precisely the goals they are heading toward. If they invest in gold just because they want to hedge the financial uncertainty or because they regard gold as a profitable business for the moment, the indication is that they should buy bullion coins. However, if the investor does not have much knowledge about gold investments, he should seek for guidance and support. There is no right time to make gold investment. No one can say that there is an appropriate period for buying gold. These transactions should be done whenever the investor desires to purchase gold.

In what the gold investor is concerned, we cannot say that there is a definite profile for it. Anyone can buy gold and there are different ways for someone to become a gold owner. The economic crisis makes the investor disregard currencies and consider gold a better way to secure the familys future. The greatest thing about gold is that it does not rely on somebody elses responsibility or ability to pay, which is the case for bonds and bank savings.

People believe that it is important to make investments that have nothing to do with any financial institution. For them it is essential to be able to access their savings anytime they find it necessary, and gold provides them with this facility. It is also a article that has the rare characteristic of not permitting any deterioration in time, no matter of the conditions it is submitted to.

Gold will always be considered as fulfilling the same purpose as money. It can also be used on the market in order to purchase other products and services. This way, any gold owner is given the possibility of putting aside the worries related to exchanging currencies whenever they are put in the situation of buying something in a foreign country.

ASEAN Still Searching for Consensus on South China Sea Dispute

Southeast Asian leaders say they will rush to reach a unified position on resolving competing territorial claims in the South China Sea. During the final day of a key Association of Southeast Asian Nations leaders summit in Phnom Penh, negotiators struggled to reach a consensus on how to approach the disputes with

The maritime dispute has become increasingly heated in the last year. China claims ownership of much of the South China Sea, along with four ASEAN states, including the Philippines.

On Wednesday, ASEAN chair Cambodia issued a statement saying that the ten member states have agreed to “intensify efforts” on agreeing to a code of conduct, or CoC, on the dispute.

The question that ASEAN leaders sought to answer this week, is whether China would be involved in those discussions before the group had reached a consensus.

“It must be resolved peacefully in accordance with a rules-based regime and the new element that we’ve introduced is that the drafting of the CoC and the inclusion of the major elements should actually made by ASEAN internally before China is invited,” stated Albert Del Rosario, the Philippines’ secretary of foreign affairs.

ASEAN officials said Wednesday’s pledge to expedite the process is an attempt to reach that consensus as soon as possible.

But the next scheduled meeting on the issue between China and ASEAN is only months away. On Wednesday, other ASEAN leaders said it was important to have a common position in any regional negotiations, but they also left the door open to China’s involvement.

“This is not necessarily a neat sequential process isn’t it. Of course, ASEAN – first and foremost, must have a solid consolidated position,” said Marty Natalegawa, Indonesia’s foreign affairs minister and a former ASEAN chairman. “But at the same time as we proceed, there will be constant communication through the ASEAN-China framework, so that whatever final position ASEAN comes up with will have benefited from having some kind of communication with China,” he said.

It has been 10 years since ASEAN members first agreed in principle to reach a consensus on the South China Sea. Yet member nations still have failed in seeking a common approach to govern negotiations with China. The issue has become increasingly heated in the last year, particularly with maritime confrontations between China and the Philippines.

Although they failed again to reach a consensus, Natalegawa says this week discussions were a positive step.

“The big picture is one that must not be lost – now we have a situation where all are basically rushing to get the CoC off the ground. Which was not the case before. Now we have China wanting to come in and ASEAN wanting to finalize the CoC as soon as possible,” said Natalegawa. “This is all good dynamics.”

The next ASEAN leaders’ summit is scheduled for November, also in Cambodia.

US Government Aid for Families

We all need aid at some time or another. We will show how to look and find what is available when needing Family Aid

There is a web site,, which can help you in finding government aid, grants, loans and other benefits and financial support coming from the federal government. The web site will show you all the important information, how to find out if you are eligible, how to apply if you are and where to do that.

When wanting to apply for any kind of financial government aid, you need to know that grants and loans are not the same. A loan has to be paid back, and many times with an interest rate. There is another web site,, which can help you in finding loans which are funded by the government.

Grants do not need to be paid back, but very few of them are meant for people as most of these government grants are given to universities, cities, states, counties, organizations and researchers. is the perfect site to browse for these types of government aid for families.

There are many programs which offer financial help and assistance for families who want to adopt children. Expenses connected with adoption, vary based on the type of adoption. Families who need this help, can research and find information about what can be claimed as financial aid for adopting and what they have to pay themselves.

There are programs which offer you a percentage of the expenses related to work, which you have already paid to a care provider, who cares for your child. The percentage will depend on the income you are receiving. These expenses will be paid if the primary function is to protect the child’s well-being. For most, a credit will be given to those who have used a care provider, who takes care of your child under the age of 13, or caring for your children and spends a minimum of 8 hours in your home.

The total sum of expenses which qualify for the credit are $3000 for one person and $6000 for two or more people. There may be some changes in the amounts, depending on taxes that are active at that year. Also, another important fact is that, the credit which will be received, may not exceed the amount of money which you or your spouse is receiving per month. This could be different if your spouse is a student.

For these credits, a qualifying person actually can be a child who is under the age of 13,or a spouse who is a student and cannot take care of himself which means that he is incapable of taking care of his nutritional and hygienic needs. This may be because of a mental or physical illness.

These are some examples we hope will help you when looking for Government aid for families.

Economics Homework Help Conquering Concepts

Economics happens to be one of the most thriving subjects in today’s world. Learning about wealth allocation throughout nations, markets and their ramifications, the global business scenario et al makes for fascinating study. In addition, Economics is one subject that guarantees a good job at the completion of its course. There is a downside to all this, of course. Economics’ theories and concepts can be baffling and challenging to the most astute of minds at the best of times. So, are you plagued by the intricacies of Micro Economics or Financial Analysis?

There is no need to worry. There are expert tutors out there who will be more than willing to help if you only let them. And you don’t have to look up the yellow pages or run to the nearest university or college, or even advertise. All you need to do is type the name of the website and bingo! You get all the help you would like. Our tutors at Tutors Kingdom are a dedicated group who will willingly answer all your queries and clear all your doubts. They will also walk you through each and every problem in highly interactive and lively sessions.

First, you need to judge which of all those online economics homework help are worth pursing and which online tutor you can rely upon and is not one of those scammers out there to get your money or peace of mind. You can always look around for free trials, still better look out for those free homework help sites including homework help ones wherein you can avail free services.

Whether paying or free help homework sites, which ever you decide, there are a few things that’s needs to be considered first. Never give your personal information online unless you are sure of their veracity. In case of paying sites, please make sure that they are secure. Secure sites have an https:// and not simply http:// in their ‘make payment’ web pages and a lock on the status bar. Be doubly sure by seeking an IT professional’s help.

Other things to check out is their location, services (tutorials, videos) and the people involved in training, whether they are genuine, possess the qualifications or credentials they claim so. Check out their reviews from other sources on net or from people you can trust. Check their response time and responses through their customer care, online chat or help lines which will reveal their knowledge, skills and attitude towards you as their customers (rightly students). Other points to check out are flexibility and availability of their services as per your convenience. Their claims such as free economics homework help or professional guidance such as math online help can be cross checked by sending in queries or assignments.

Online is, obviously, the best way to go!

Oil And Gas Supply Demand Outlook In Asia Pacific To 2020 – Growing Appetite For Oil And Gas

Asia Pacifics natural gas demand is forecast to grow strongly between 2010 and 2020. During this period, natural gas demand is expected to grow at an AAGR of 4.3%, largely driven by demand growth in China and India. Crude oil consumption is also expected to witness considerable growth of 1.3% on average per year in the same period. This strong growth of oil and gas demand will provide the impetus for huge investments in the midstream and downstream sectors of Asia Pacific in the next decade.

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China will remain the leading crude oil producer in Asia Pacific despite declining production. Chinas crude oil production is expected to decline at an average annual rate of 3.7% between 2010 and 2020. Despite its production declining at such an alarming rate, the country will produce more than thrice that of the next largest producer, Malaysia, in 2020.

India will emerge as the second largest crude oil consumer in Asia Pacific by 2013. Currently, India is the third largest oil consumer in Asia Pacific after China and Japan. Driven by strong growth in GDP, India is expected to witness the largest oil consumption growth rate in Asia Pacific between 2010 and 2020. On the other hand, Japanese crude oil consumption will decline at an average annual rate of 0.7% in the same period.

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GBI Researchs new report, Oil and Gas Supply Demand Outlook in Asia Pacific to 2020 – Growing Appetite for Oil and Gas Changing the Global Consumption Outlook, provides an in-depth analysis of the oil and gas supply and demand outlook in Asia Pacific and highlights the various concerns, shifting trends and concerns in Asia Pacifics oil and gas market. The report provides forecasts for the crude oil production and consumption sectors of the oil and natural gas industry to 2020. The report also provides segmental forecasts of the crude oil and natural gas trade balance in Asia Pacific and highlights the major countries in the region. The report discusses the regulatory structure and infrastructure in the different countries in the region. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Researchs team of industry experts.

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Corporations Failing To Claim Amt Exemption Overpay Taxes By $11,000

Does your incorporated business pay alternative minimum tax [AMT]? If so, there is a 93 percent chance you have been overpaying your taxes by an average of $11,000 a year according to the Treasury Inspector General.

The Office of the Treasury Inspector General for Tax Administration was created in 1999 to oversee the IRS. One of the duties of the Treasury Inspector General is to study and report the efficiency of the tax payment system, particularly the accuracy of tax collection efforts. Many of the studies conducted by the office reveal starting results, particularly when it comes to businesses overpaying their taxes.

As part of this oversight, the Treasury Inspector General is reporting that many small business corporations are incorrectly paying AMT. The AMT was enacted in the late 1990s, but proved to be a huge burden on small businesses. The tax was confusing and the paperwork was incredibly complex. An amendment was subsequently added to give small business corporations relief from the AMT. Section 55(e) of the Internal Revenue Code now contains language exempting small business corporations from paying the AMT.

Small business corporations can claim an exemption from the AMT if gross revenues average $5 million or less for the initial three years of business. Thereafter, the business can continue to claim the exemption as long as revenues average $7.5 million or less of each subsequent three year period.

According to the Inspector General, companies that fail to claim an exemption to the AMT are overpaying taxes by an average of $11,638 each year. 93 percent of small business corporations qualify for the exemption. Since the IRS has no duty to notify taxpayers of overpayments, many small business corporations have no idea they are overpaying taxes and are due refunds.

All taxpayers have the right to file amended tax returns for the past three calendar years. If you failed to claim the AMT exemption, you may be due a refund totaling over $33,000.

Start A Singapore Corporation And Its Legal Requirements

A Singapore corporation provides several advantages especially in terms of bankruptcy protection and tax exemptions and benefits. With this, many foreign and local entrepreneurs choose this legal business formation for their companies.

However, corporations are required to follow certain legalities stated by the Singapore Companies Act. In addition, it is a mandatory for the business to submit an annual filing requirement to the Accounting and Corporate Regulatory Authority (ACRA) and the Inland Revenue Authority of Singapore (IRAS).

Meanwhile, these are the basic legal requirements for corporations in Singapore, according to Asiabiz which is the countrys leading business solutions provider.

1. Company secretary

Within six months of incorporating a company, it is a legal requirement in Singapore to appoint a qualified secretary who must be a local resident and has a professional knowledge in handling all the compliance matters stated by the countrys corporate law.

2. Submission of the financial year-end document

This document is the basis for the deadline for the submission of the accounting requirements and financial statements.

3. Corporate meeting (also called as the annual general meeting)

This is a required formality which must be held within 18 months of incorporating a company. Meanwhile, the succeeding meeting will be held once every fiscal year but not more than 15 months apart.

4. Directors report

This report must consist the unaudited financial statements including the income statements, balance sheet, etc.; the directors and shareholders interest and accounts; disclosure of the companys operations; and documents showing the accounting policies adopted by the company.

5. Annual returns

Annual returns, which consist of financial accounts of a company, should be filed to ACRA one month after the companys annual general meeting.

6. Registration number

ACRA issues the business registration number which must be present on a companys invoices, billings, letterheads, and other business documents used for communications purposes.

7. Tax returns

Tax returns including the directors report, tax computation, and Form C must be filed earlier than 31st October.

8. Estimated chargeable income (ECI)

The ECI is an estimate of a corporations chargeable income for the Year of Assessment. To submit this requirement, a company should provide these following information: estimated revenue, financial year-end, and estimated profits.

9. Form C

This form should be filed every June after a fiscal year. However, this deadline may be extended until December if a company has submitted its ECI within three months after the end of its accounting period.

10. Audited or unaudited accounts

For a private limited company with less than S$5 million of turnover, IRAS will allow it to file unaudited accounts. However, the agency is stricter for the branch offices of foreign companies which are required to submit the parents audited financial statements.