Clean Fuel
Hoegh LNG Takes Delivery of FSRU Independence
Höegh LNG of Norway has taken delivery of the “Independence”, the second of the four newbuilt FSRUs that the company has ordered from Hyundai Heavy Industries (HHI), on May 12. The “Independence” is under a long term charter to Klaipedos Nafta in Lithuania, which will commence no later than by the e
Top News of The Week May 5-10, 2014
Anadarko: Mozambique LNG Project Moves Forward Anadarko has increased the total estimated recoverable resources in its Mozambique Offshore Area 1 to 50 to 70-plus trillion cubic feet of natural gas. Bechtel: Pouring Concrete on APLNG Tank (VIDEO) Bechtel Gladstone posted a video which shows the star
Minister: Iran Can Export Gas to Europe Via Three Routes
Iran can export natural gas to Europe through three different ways, deputy petroleum minister for international and trade affairs, Ali Majedi said. “Iran owns huge gas reserves and therefore diversifying our gas exports destinations is of significance for us,” he said. Iran can deliver gas to Europe
Teekay Shipping Inaugurates Glasgow LNG Training Centre
Teekay Shipping Glasgow opened a new, state-of-the-art navigation and cargo operations simulator training centre in Glasgow. Teekay is the world’s second largest independent owner of LNG vessels. Its fleet of 34 vessels, each of which can carry roughly one million metric tonnes of cargo annually, ca
Containerships, Partners Order Two LNG Fueled Vessels
Containerships Ltd Oy, GNS Shipping/Nordic Hamburg, and ARKON Shipping said that they have ordered two dual-fuel engine-technology container ships. The ships, both of which will be delivered in the course of 2016, will use liquefied natural gas (LNG) but will also be able to burn conventional marine
REN Profit Drops
REN, operator of the Sines LNG terminal, recorded a profit of EUR 26.3 million in the first quarter of 2014, in line with the company’s expectations. This profit is 9.6% down on the result of the same period of 2013. The special tax on the energy sector for 2014, created by the Portuguese State, imp
GasLog Orders LNG Duo from SHI
GasLog said that it has ordered two new 174,000 cubic meter LNG carriers from Samsung Heavy Industries (SHI) in South Korea. The vessels are expected to be delivered in 2017 and are sister vessels to the four ordered in 2013 for delivery in 2016. The vessels have been ordered with the tri-fuel diese
Picture of the Day: Argonon LNG Barge
In the picture above you can see Deen Shipping’s Argonon, the first inland barge which runs on LNG, bunkering together with the Amphiro, also owned by Deen Shipping. Argonon has 2 standard Caterpillar 3512 engines that use approximately 20% diesel in order to ignite the gas mixture. These engines ha
Lietuvos Dujos, Gazpom Ink Gas Deal
Lietuvos Dujos of Lithunaia said it has entered into an agreement with Gazprom of Russia regarding a significant reduction in the price of natural gas imported by Lietuvos Dujos. The share of natural gas imported by AB Lietuvos Dujos is approx. 40 per cent of the total amount of gas in the Lithuania
National Grid: CUI Global’s IRIS New Pipeline Monitoring Method
CUI Global, Inc. today announced that National Grid has accepted CUI Global’s proprietary Integrated Remote Information System (IRIS®) Technology as a new method for remotely controlling and monitoring parts of its extensive pipeline transmission system. National Grid is committed to safety and inno
Repsol Net Income Up by 27.3 Pct
In the first quarter of 2014, Repsol posted net income of 807 million euros, an increase of 27.3% from the year-earlier period. Adjusted net income at current cost of supply was 532 million euros, a rise of 1.5% from the year-earlier period. This result was obtained in an environment marked by the d
Fos Tonkin LNG Terminal Increases Access Capacities
Following an optimisation of Fos Tonkin facilities, Elengy is offering to the market additional access capacities at Fos Tonkin LNG terminal during the winter 2014-2015 period as follows: – October 2014: +1000 GWh (2 deliveries for a maximum capacity of 500 GWh per cargo); – November and December 20
DNV GL Presents Subsea Technology Report
DNV GL has issued the report ‘Subsea – Technology Developments, Incidents and Future Trends’ on behalf of the Norwegian Petroleum Safety Authority. “The ongoing increase in technology enhancement and the number of worldwide subsea field developments will demand greater focus on a number of issues. T
GMB Seeks Answers on GDSP Investigation
GMB, the union for energy workers, has written to National Grid asking a series of questions on a major investigation into allegations of bullying, mis-reporting, fraud and corruption in a Gas Distribution Strategic Partnership (GDSP) covering gas mains replacement work in the West Midlands. Balfour