Clean Fuel
Lithuania Launches LNG Quay Construction Works
On 20 January, Lithuanian Minister of Energy Jaroslav Neverovič participated at a ceremony, during which a capsule with a message for future generations, symbolizing the start of concrete placement in quay, was sunk to the LNG terminal quay piles. In his opening speech Neverovič noted that the past
Finnish Transport Agency Selects Arctech for Construction of New LNG Icebreaker
Arctech Helsinki Shipyard secured a contract to build a new icebreaker for the Finnish Transport Agency. The Finnish Transport Agency procures a new icebreaker to renew the aging fleet of state-owned icebreakers, to improve the level of icebreaker services and to ensure the competitiveness of Finnis
GasLog Raises USD 199 Million
GasLog, an international owner of LNG carriers, announced the closing of its public offering of 10,925,000 common shares, including 1,425,000 common shares issued upon the exercise in full by the underwriters of their option to purchase additional shares. The public offering price was $15.75 per sha
Russia: Gazprom Gas Sales Rise
Russian gas giant Gazrpom said its net sales of gas increased by RUB 294,852 million, or 16%, to RUB 2,124,385 million in the nine months ended September 30, 2013 compared to the same period in 2012. For the nine months ended September 30, 2013 net sales of gas to Europe and other countries increase
European Commission Unveils Shale Gas Guidelines
The European Commission adopted a Recommendation aiming to ensure that proper environmental and climate safeguards are in place for “fracking” – the high-volume hydraulic fracturing technique used notably in shale gas operations. The Recommendation should help all Member States wishing to use this p
Gazprom, CNPC to Ink Gas Supply Deal
Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of CNPC met on Wednesday in Beijing to discuss the issues of Russian natural gas supply to the Chinese market via the eastern route. “The parties noted that the negotiations were progressing as per schedule and the
Gazprom Export Sets Record in 2013 Gas Deliveries
In 2013, Gazprom Export showed a growth trend of OAO Gazprom gas sales. The overall supply growth reached 16.33 per cent, while gas supplies to Western Europe increased by more than 20 per cent. Germany, Italy and the United Kingdom were the largest gas buyers in 2013 in Western Europe. Supply to Ge
Baker & McKenzie Advises Yamal Development on Major Gas Acquisition
Baker & McKenzie advised Yamal Development LLC, a 50/50 joint venture between Novatek and Gazprom Neft, on a USD2,940 million acquisition of a 60 percent equity stake in Artic Russia from Eni. Artic Russia owns a 49 percent interest in SeverEnergia, a Russian oil and gas company operating in the Yam
Total Appoints Senior VP
Effective January 1, 2014, Maarten Scholten is appointed Senior Vice-President, General Counsel of Total. He succeeds to Peter Herbel. Maarten Scholten will report to Christophe de Margerie, Chairman and CEO of Total. Maarten Scholten has almost 30 years of extensive legal and financial experience f
Wintershall: Europe Must Continue to Use Its Own Oil and Gas Deposits to the Full
Europe is in danger of getting left behind due to the major shifts in the global energy structure: while the USA and the emerging nations in Asia will expand their share of the global market considerably, the production and export of energy-intensive goods of the EU will fall by about a third by 203
Gasum Declines to Comment on Estonia’s LNG Initiative
Gasum welcomed the aspiration for Finland and Estonia to find a compromise on the location of an LNG import terminal. The suggestion made by Estonia, of building terminals in both countries, is new to the company, and will not be commented on at this point, Gasum said in a statement. Estonian Minist
UNECE LNG Vehicles Regulation Adopted
Recently relevant regulatory changes affecting the approval of vehicles using LNG have been introduced. The adoption of amendments to United Nations Economic Commission for Europe (UNECE) Regulation 110 now allows LNG vehicles to be fully certified and represents a major breakthrough for gas-powered
DONG Divests Its Dutch Business
DONG Energy signed an agreement to divest its sales activities in the Netherlands – DONG Energy Sales B.V. – to Eneco. The divestment is still subject to certain conditions, including merger control clearance in the Netherlands. The divestment will not alter the focus on the Netherlands as a part of
Primagaz Benelux Loads First Trailer of LNG at Gate Terminal
On 20 January 2014 Primagaz Benelux loaded the first trailer of liquefied natural gas (LNG) at Gate terminal in Rotterdam. Prima LNG, the logistics partner of Primagaz Benelux has signed an agreement with Gate terminal to load LNG by trailer. Both Primagaz Benelux and Prima LNG are 100% SHV Energy s