Clean Fuel
PGNiG Eyes U.S. LNG
PGNiG is reportedly considering a possibility of importing LNG from the USA with first deliveries taking place in 3 or 4 years. Mariusyz Zawisza PGNiG CEO said that the price of American gas could be attractive in comparison to agreements with Gazprom and Qatargas, the Warsaw Business Journal report
Kaminco and Galileo Partner in LNG Bunkering
Kaminco of Greece said it has entered into an LNG bunkering partnership with Galileo of Argentina. “Kaminco once more brings innovation to the Greek Shipping Community and the Eastern Mediterranean… Kaminco has entered into a long-term strategic partnership with not only the biggest but the only par
Elengy at Coming European LNG Briefing of Terrapinn
An Elengy commercial expert will speak at the European LNG Briefing from Terrapinn on the 19th of June in London. Topics discussed are following: Sustainability of the reloading market and developments in transshipment techniques: Elengy LNG Hub: from indirect to direct transshipments; Questioning t
Oman Drydock gets GTT license
Oman Drydock Company (ODC) says it has made a ‘giant leap’ forward in its campaign to become one of the leading shipyards in the world for LNG repairs after it was formally awarded the coveted Gaztransport & Technigaz (GTT) license at the Posidonia Shipping Trade Fair in Athens, Greece. ODC chairman
DNV GL Leads New LNG Carrier Project
DNV GL has initiated a joint industry project to define the state-of-the-art next-generation LNG carrier. The aim is to develop a new LNG carrier that has a significantly improved environmental footprint and is more energy efficient and better suited to future trading patterns than existing vessels.
Cuadrilla Submits Preston New Road Exploration Site Application
Cuadrilla has submitted a planning application to Lancashire County Council (LCC) for its proposed Preston New Road shale gas exploration site. The proposal covers the works required to drill, hydraulically fracture and test the flow of gas from up to four exploration wells on the site. A detailed E
Zeebrugge to Re-Export LNG Cargo
Belgium’s Zeebrugge liquefied natural gas terminal is due to ship a re-export cargo on June 7. The destination of the cargo is South Korea’s Incheon LNG terminal, operated by Kogas, the world’s largest corporate buyer of LNG. The WilPride LNG tanker, with a capacity of 156,000 cbm, will reach the So
Peru LNG Cargo Heads to Spain
Peru’s only LNG export facility shipped an LNG cargo to Spain on May 28. The cargo is being hauled by the Sevilla Knutsen, a 173.400 cubic-meter tanker, and is expected to arrive at the Bilbao LNG import terminal on June 18. The liquefaction plant in Pampa Melchorita has exported 211 cargoes since i
IEA: World Has to Invest USD 48 Trillion to Meet Its Energy Needs
Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released today by the International Energy Agency (IEA) as part of the World Energy Outlook series. Today’s annual investment in energy s
Posidonia: Wartsila Launches New Aframax Design
A new, highly efficient, Aframax tanker design offering practical and viable solutions that meet current and forthcoming emissions legislation is today launched by Wärtsilä at the Posidonia 2014 exhibition in Athens, Greece. Wärtsilä will also be featuring its range of merchant ship designs to provi
Portugal: Sines to Receive LNG Cargo
Portugal’s Port of Sines will get a shipment of liquefied natural gas from Qatar this week, port data shows. The Al Utouriya, with a capacity of 216,164 cubic meters, is expected to arrive at the Sines LNG import terminal on June 6. The terminal is held by REN Atlântico and has a nominal send out ca
Sembawang Shipyard Secures GasLog LNG Contract
Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a long-term Favoured Customer Contract (FCC) from GasLog LNG Services, to provide ship-repair, refurbishment, upgrading and related marine services for its managed fleet of 20 LNG carriers. GasLog LNG Services is a wholly-
Naftogaz Pays Off USD 786.3 Mln to Gazprom
Naftogaz of Ukraine transferred Gazprom 786.3 mln USD, a payment for natural gas imported in February and March 2014, at the price of 268.5 USD/1000 cm. This payment came about on May 30. which prompted Gazprom and Naftogaz of Ukraine into a new round of negotiations in Brussels which resulted in Ga
BMT Posts Solid Financial Performance
BMT Group, an international design, engineering and risk management consultancy, announced a solid financial performance for the year to 30 September 2013. Although market conditions have been challenging, BMT secured revenues of £163.3m, an increase of 5% year on year, with underlying operating pro