Clean Fuel
BG Welcomes New Board Members
BG Group of UK announced changes to its board with the appointment of two Non-Executive Directors and also the succession of a new Senior Independent Director. With effect from 1 January 2014, Pam Daley and Martin Ferguson will join the board as Non-Executive Directors and John Hood will succeed Bar
Gazprom, Hungary Talk South Stream Project
Budapest hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Viktor Orban, Prime Minister of Hungary. The parties addressed a wide range of cooperation issues in the gas sector placing special emphasis on the South Stream project. It was noted that the pr
Bureau Veritas: Increasing Need for LNG Inspection (INTERVIEW)
In order to find out more about the Bureau Veritas LNG Inspectorate services, their plans to expand in the offshore and LNG segments, global LNG trade and 2015 growth strategy, LNG World News spoke with Bureau Veritas representatives Yvo J. Jansen, Director BV Industry & Facilities Benelux, Nordic &
PIRA: LNG Cargoes More of an Option than Necessity
PIRA Energy Group believes that LNG cargoes are more of an option than a necessity. In the U.S., November’s final GWHDD tally soaring above the 10-Year Normal. In Europe, weather-related gas demand and a lack of supply flexibility put a charge into day-ahead prices this week. Specifically, PIRA’s an
Primagaz, Gate Terminal Sign LNG Truck Loading Deal
Primagaz Benelux has signed an agreement with Gate terminal for truck loading at the terminal as from January 2014. Primagaz will load liquid natural gas (LNG) by truck for distribution to its customers in the Netherlands. This market is expected to grow in the coming period and Primagaz considers L
Enagas Closes EUR 1.2 Billion Financing Deal
Enagás of Spain signed a financing deal worth a total of €1.2 Bn. The facility, a self-arranged Club Deal, will be used to refinance and extend the company’s lines of credit from three to five years. The funds are earmarked for optimising Enagás’s liquidity and financial structure, and the deal will
Wartsila to Provide LNG Equipment for New German Ferry
Wärtsilä will provide a full propulsion package for a new passenger ferry being built for the Germany based Reederei Cassen Eils GmbH. The contract was signed in October with Fr. Fassmer GmbH, the shipyard responsible for the vessel’s construction. The new ferry will operate between Cuxhaven and the
UPDATE: Gasum Selects NesteJacobs for Finngulf LNG Project
Technology, engineering and project management company Neste Jacobs has won the bidding competition of Gasum’s Finngulf LNG and Balticconnector project to deliver the Project Management Office of the project. The PMO office will in 2014 together with the other Front End Engineering Design engineerin
Poland, Qatar Talk LNG
Polish President Bronislaw Komorowski met with Emir of Qatar Sheikh Tamim bin Hamad Al Thani to discuss gas issues, economic cooperation. “We managed (during the talk with the emir) to confirm the special climate in Polish-Qatari relations…” President Komorowski told reporters after the talks. The P
SHI Delivers Another LNG Carrier to GasLog
GasLog announced the delivery of the fully owned LNG carrier GasLog Seattle, from Samsung Heavy Industries. She commenced a medium-term charter to Shell Tankers Singapore, a subsidiary of Royal Dutch Shell. The vessel is a 155,000 cubic meter tri-fuel Diesel Electric (TFDE) LNG carrier that sets new
EBC Presiding Committee Meeting Held in Berlin
Berlin hosted on Friday the 29th Meeting of the European Business Congress (EBC) Presiding Committee moderated by Alexey Miller, Chairman of the Gazprom Management Committee, President of the EBC. The Meeting participants heard presentations made by the Working Committees Chairpersons and addressed
Seventeen Companies Enter Barents Sea Seismic Deal
A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the Norwegian Ministry of Petroleum and Energy, the industry, via the Norwegian Oil and Gas Association, ha
TTS Secures Contract for Three LNG Carriers
TTS Group has, through its subsidiary TTS Marine GmbH in Bremen, Germany, signed two contracts for anchor and mooring winches with a total value of NOK 36 million. The contracts mean that even more ships are adopting TTS’ products. The first contract is for three LNG carriers for a Canadian owner. T
Gazprom Export, OMV Reach Accord on Long-Term Gas Supply
Gazprom Export has reached an interim agreement with its long-term natural gas buyer, fully consolidated OMV subsidiary EconGas. Deputy Chairman of Gazprom’s Management Committee, Director General of Gazprom Export Alexander Medvedev: “The agreement reached adjusts the contract to the changes that t