Clean Fuel
Another LNG Tanker Scheduled at South Hook This Week
The Al Ghuwairiya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on June 1, port data reveals. This represents the fourth LNG carrier that will dock at the import terminal this week. The South Hook terminal can process 15.6 million t
Exmar, Teekay Sell Two Older LPG Vessels
Exmar LPG, a joint venture between Exmar and Teekay LNG partners, announced the sale of the Very Large Gas Carrier FLANDERS TENACITY (84,270 m³ – 1996 built) and the Midsize Gas Carrier EEKLO (37,450 m³ – 1995 built). Both vessels are expected to be delivered to their new owners during the course of
Gazprom Launches Investment Project for China Gas Supply
Alexey Miller of Gazprom signed an order to start the implementation of the company’s investment projects for gas supply to China. Starting from today, all the specialized structural units and subsidiary companies are involved in the projects for creating gas production, transmission and processing
DEME Unit Grabs Yamal LNG Contract
Mordraga, a Russian unit of DEME, signed a contract with the Russian construction company OJSC ‘USK MOST’ for the construction of the approach channel and harbour basin of the service port of the new LNG terminal in Yamal Peninsula and sea channel in Ob Bay. This new port in the north of Russia is a
Eni, Gazprom Ink Italian Natural Gas Supply Addendum
Alexey Miller of Gazprom and Claudio Descalzi, Chief Operating Officer of Eni signed an addendum to the existing contracts for natural gas supply to Italy on Friday. The document provides for amending the Sales and Purchase Agreement for the Russian ‘blue fuel’ supply to the Italian company. Italy i
Alltech, Rosneft JV to Work on Gas Fields Development
Rosneft President, Chairman of the Management Board Igor Sechin and Alltech Group President Dmitry Bosov signed a framework agreement of cooperation with regard to the project for the development of gas fields in the North of the Nenets Autonomous District. The framework agreement envisages above al
Top News of The Week May 19-24, 2014
LNG Canada: CFSW Constructors Gets Kitimat Terminal Deal LNG Canada has selected CFSW LNG Constructors as its main contractor for the proposed LNG export terminal in Kitimat, British Columbia. CNPC, Yamal LNG Enter Supply Contract Yamal LNG said it has concluded a binding contract for the supply of
Gazprom, SOCAR Interested in Strengthening Partnership
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR) took place today as part of the St. Petersburg International Economic Forum 2014. The parties addressed the current state
Shell, Gazprom Consider Continuing Joint Ops on Sakhalin II
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Ben van Beurden, Chief Executive Officer of Shell took place today as part of the St. Petersburg International Economic Forum 2014. The parties addressed the strategic cooperation issues, including the potentia
Rosneft to Expand Use of Gas as Motor Fuel in Russia
Rosneft President, Chairman of the Management Board Igor Sechin and CEO of GNC Galileo S.A. Osvaldo del Campo signed an agreement of cooperation aimed at the expansion of use of gas as motor fuel in Russia. The document envisages the organization of cooperation between the companies aimed at the ext
Rosneft to Deliver Gas to EuroChem
Within the Petersburg International Economic Forum Rosneft and EuroChem signed a 6-year contract for gas supplies. The document was signed by Rosneft President, Chairman of the Management Board Igor Sechin and the General Director of OJSC “Mineral and Chemical Company “EuroChem” Dmitriy Strezhnev. T
Novatek Enters LNG Supply Deal with Gazprom
Alexey B. Miller of Gazprom and Chairman of the Management Board of Novatek Leonid V. Mikhelson signed Heads of Agreement for the supply of liquefied natural gas (LNG) between Yamal Trade and Gazprom Marketing & Trading Singapore. The document provides for the supply of up to three million tons of L
Gazprom, Eni to Revise Terms of Gas Supply Contracts
Gazprom CEO Alexey Miller and Eni CEO Claudio Descalzi have today signed an agreement to revise the terms of gas supply contracts. The agreement involves a reduction in supply prices and an important change in the price indexation to fully align it with the market. In addition, in 2014 Eni’s ability
GMB: Fracking Issue Needs to Undergo Debate
GMB, the union for energy workers, commented on a report that communities affected by controversial “fracking” will be offered an average of £800,000 in additional compensation in an effort to stave off opposition in Conservative heartlands, according to reports. Gary Smith, national officer for ene