Clean Fuel
Deal Struck on Promoting Use of Alternative Fuels on Roads and Waterways
To boost the take-up of alternative fuels in transport, EU countries will have to ensure that enough refuelling and recharging stations are available to enable cars, trucks and ships using alternative fuels, such as natural gas and electricity, to move freely on EU roads and waterways, under an info
Gasrec Reports Growth for 2013
The last 12 months have seen growth and consolidation across all aspects of Gasrec’s operations. The company is now Europe’s leading supplier of liquefied gas fuel to the road transport sector and fuels more than 60% of dual-fuel gas powered HGVs on UK roads, helping operators cut fuel costs and sig
Fluxys: Zeebrugge LNG Deliveries Down in 2013
Fluxys of Belgium, the operator of the Zeebrugge LNG terminal, said that 37 LNG carriers unloaded at Zeebrugge in 2013, compared with 46 in 2012. The 37 carriers unloaded a total of 2.2 million tonnes of LNG mainly from Ras Laffan, Qatar. Seven of the 37 ships were Q-Flex carriers, among the largest
PIRA: Global LNG Demand Set to Tumble
PIRA Energy Group said that global LNG demand is set to tumble. In the U.S., Thursday’s EIA report highlighted the market’s continued above-normal reliance on inventories. In Europe, PIRA said it remains relatively unconcerned about a cut-off in gas flows through Ukraine. Specifically, PIRA’s analys
Statoil Strikes Gas Near Visund Field in North Sea
Statoil of Norway, operator of the production licence 120, has discovered gas at the wildcat well 34/8-17 S on the northeast flank of the Visund field, in the North Sea. The well encountered an approximately 31-metre gross gas column in the Tarbert, Ness and Etive formations in the Middle Jurassic,
Sovcomflot Revenue Drops
Sovcomflot of Russia said its gross revenue declined by 6.7 per cent to USD 1,262.8 million in 2013. Time charter equivalent (TCE) revenue, however, increased by 1.5 per cent to USD 872.6 million (2012: USD 859.4 million). Adjusted earnings before interest, tax and depreciation (EBITDA) were USD 382
Shah Deniz Awards Stage 2 Contracts
The Shah Deniz and South Caucasus Pipeline consortia announced that they are moving forward at pace with the awards of key contracts for the development of the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects. The contracts, covering both project management services and const
New Transfer Technology Simplifies Gas Distribution
A new, fully mobile solution for offloading natural gas from ships to land may lead to increased distribution to new markets around the world. International demand for natural gas is high, and there are plentiful deposits to be found in many places. Gas is also more environment-friendly than other f
Qatari LNG on Way to UK
The UK will get a liquefied natural gas cargo from Qatar next week, shipping data says. The Duhail LNG carrier, with a capacity of 210,100 cbm, is due to arrive in the UK’s Milford Haven port, where the South Hook and the Dragon LNG import terminals are located, on March 28. The country will also [&
CEOs of Largest Energy Companies Call for Government to Safeguard Europe’s Energy Future
Tomorrow, European heads of state and government will hold a summit in Brussels where a crucial debate on Europe’s energy future will be high on the agenda. On this occasion CEOs of the largest energy companies that make up the “Magritte Group” will reiterate the need for, comprehensive and ambitiou
Russia: South Stream Offshore Pipeline Project Moves Forward
The State Expert Review Commission gave the seal of approval to the Design Documentation for the Russian sector of the South Stream Offshore Pipeline. This concludes the final stage of the review process for the Design Documentation, which also includes the environmental impact assessment (EIA) for
TTS to Deliver Winches for Two Greek LNG Tankers
TTS Group said that it has entered into a contract with a Greek company to supply anchor and mooring winches for two LNG carriers. The company also secured three other contracts to supply side-loading systems and winches. The total values of the contracts are NOK 110 million. The deliveries will tak
BG: Europe to Continue to Balance Global LNG Market
Europe received net imports of only 35 million tonnes of LNG in 2013, the lowest volumes for nearly a decade as the rapidly increasing appetite for energy in Asia and Latin America drew supply, according to BG Group’s annual Global LNG Market Overview. Andrew Walker, BG Group Vice President of Globa
SMM: General Trend Towards LNG Undeniable
At SMM 2014, environmental protection takes a prominent place on the agenda. An entire day of the leading international maritime trade fair will be dedicated to gmec, the global maritime environmental congress, to study current trends in efficiency improvement and sustainability. The shipping indust