Clean Fuel
Bomin Linde LNG Inks Supply Contract in Germany
The shipping company Aktien-Gesellschaft EMS (AG EMS) and Bomin Linde LNG have signed the first contract for the delivery of liquefied natural gas (LNG) in Germany. It proposes supplying environmentally friendly LNG as fuel to the MS Ostfriesland passenger ferry operated by AG EMS starting in mid-20
Gasrec Experts Highlight Benefits of Bio-Fuels
Experts from Gasrec, a supplier of liquefied gas fuel to the transport sector, will be addressing European transport executives on key issues relating to the use of bio-fuels in transport and logistics – and the security of their supply – on Thursday, 30 January, at separate industry workshops in Br
DNV GL Releases Paper on Future Alternative Marine Fuel Mix
DNV GL has released a position paper on the future alternative fuel mix for global shipping. While LNG is expected to be an early success, the picture becomes more diversified with time, as more than 20 per cent of shipping could adopt hybrid propulsion solutions, featuring batteries or other energy
LNG Tanker Due at Zeebrugge Feb 13
The Al Deebel LNG tanker, with a capacity of 145,700 cubic meters, is expected to arrive at Belgium’s Zeebrugge LNG terminal from Qatar on February 13, according to the Port of Zeebrugge website. The Zeebrugge LNG terminal, operated by Fluxys, serves as a gateway to supply LNG to Northwestern Europe
Novatek: Russia to Be Major LNG Producer
Russia could be producing as much LNG as world’s top LNG producer Qatar within 10 years as its state and private companies speed up projects, Reuters cited Leonid Mikhelson, chief executive and co-owner of Novatek, as saying. “In Russia, we have LNG projects being developed by us, Gazprom and Rosnef
Spain to Get 21 LNG Cargoes in March
Spain’s six LNG import terminals will receive 21 LNG cargoes (2.25 million cubic meters) in March and reload three LNG tankers (360,000 cu m), Platts informs. Huelva terminal will receive seven LNG cargoes while Barcelona will take delivery of five LNG cargoes, Cartagena and Saggas three apiece, Bil
South Stream Transport to Ink Pipe Supply Deals
Alexey Miller of Gazprom took part in the Board of Directors meeting of the South Stream Transport joint company in Amsterdam on Friday. “The Board members noted a significant progress of the project. They approved the signing of pipe supply contracts for the first out of four lines of the 931-kilom
Israel: Leviathan Field Recognized as Discovery
Delek Group’s gas subsidiaries said that the Petroleum Commissioner of the Ministry of National Infrastructure, Energy and Water of Israel, has advised the partners in the 349/Rachel and 350/Amit licenses that the Leviathan gas field is a discovery as defined by the Israel’s Petroleum Law. The Levia
Qatari LNG Cargo on Way to UK
The Aamira LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook import terminal on February 1, port data shows. The South Hook terminal can process 15.6 million tonnes of LNG per annum and is capable of delivering 21 Bcm of gas a year into the UK’s […]
Iran Ready to Help Azeri Energy Sector
Iranian President Hassan Rouhani said Iran is ready to transfer its experience in oil and gas sectors to its northern neighbor. In a meeting with his Azerbaijani counterpart Ilham Aliyev on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, Rouhani stated that Iran and Azerbaijan
BG Forecasts 2013 LNG Profit at USD 2.6 Billion
LNG player BG of UK expects its production volumes in 2013 to be around 633 thousand barrels of oil equivalent per day (kboed), in line with guidance. BG will publish its preliminary 2013 fourth quarter and full year results on 4 February 2014. Currently the company expects to report: LNG Shipping &
Hoegh LNG Secures USD 400 Mln Loan for Two FSRUs
Höegh LNG said it has received commitments letters from seven international banks for a USD 400 million Senior Secured Credit Facility for the financing of FSRU #3 and FSRU #4. The facility has a five year post delivery tenor and a fifteen years repayment profile. The facility is without charter emp
Top News of The Week January 20-25, 2014
BP Expects to Award Tangguh 3rd LNG Train Contract by Quarter-End BP plans to award a $5 billion frontend engineering and design (FEED) contract for a third liquefaction train for the Tangguh project in Indonesia by the end of this quarter, Jakarta Globe quoted William Lin, the regional president fo
Gate LNG Throughput Up
The Gate LNG import terminal in Rotterdam received 571,000 tonnes of LNG in 2013, a 2 percent rise compared with 2012, according to the data released by the port of Rotterdam on Wednesday. Overall, LNG throughput (incoming and outgoing) at the terminal was 756,ooo tonnes last year, a 35 percent rise