Clean Fuel
Bomin Linde Starts Implementation Process for Hamburg and Bremerhaven LNG Terminals
After finalizing project preparations, Bomin Linde LNG has now decided to initiate the implementation process for both facilities in Hamburg and Bremerhaven. Subject to approval from the authorities, Germany’s first LNG bunkering terminals will be operational in 2015. The plans for building and oper
Damen Scores Another LNG Repair Contract, France
Damen Shiprepair Brest (France) received seventh LNG booking for the drydocking, maintenance and repair of the LNG carrier ‘Bachir Chihani’. The Hyproc Shipping owned and managed vessel will arrive at November 25th. Jos Goris, managing director of Damen Shiprepair Brest, says: “We are very pleased w
Sovcomflot Profit Down (Russia)
OAO Sovcomflot announced its financial and operating results for the third quarter ended 31 September 2013. Highlights Gross revenue: USD 964.6 million (-7.8 pct) Time charter equivalent (TCE) revenues: USD 661.4 million (-1.0 pct) EBITDA: USD 301.7 million (- 4.5 pct) Adjusted Net Profit: USD 28.8
Gazprom, Primorye Territory Sign Vladivostok LNG MoU
Gazprom’s Chairman Alexey Miller and Vladimir Miklushevsky, Governor of the Primorye Territory, discussed the large-scale activities carried out by Gazprom in the region as well as the prospects for cooperation. Special attention was paid to the LNG plant construction project (Vladivostok-LNG). It w
Belgium: LNG Tanker Scheduled at Zeebrugge Dec 12
The Galicia Spirit liquefied natural gas carrier, with a capacity of 140,000 cubic meters, is due to arrive in the Zeebrugge LNG terminal on December 12, port data reveals. The liquefied natural gas carrier will load in a re-export cargo and depart from the Zeebrugge terminal to Argentina’s Bahia Bl
Igor Krutikov to Head Gazprom LNG Vladivostok
Igor Krutikov was elected as Director General of Gazprom LNG Vladivostok, Gazprom said in a statement. Igor Krutikov was born in 1964 in the Sakhalin Region. In 1986 he graduated from Siberian Automobile and Highway Institute of the Order of the Red Banner and later in 2008 received his MBA degree i
South Stream Construction in Serbia to Start This Month
Alexey Miller of Gazrpom met in Moscow with Slavenko Terzic, Plenipotentiary Ambassador of the Republic of Serbia in the Russian Federation. “The parties addressed the status of the bilateral cooperation in the energy sector,” Gazprom said in a statement. “Special emphasis was placed on preparation
French PM Inaugurates New Lacq Gas Treatment Unit
French Prime Minister Jean-Marc Ayrault inaugurated the new gas treatment unit for the Lacq Cluster Chimie 2030 project, at a ceremony attended by Yves-Louis Darricarrère, President, Upstream and member of the Executive Committee at Total; Thierry Le Hénaff, Chairman and Chief Executive Officer of A
European Commission Approves Lithuanian LNG Project
On Wednesday the European Commission has found that state aid for the liquefied natural gas terminal project, developed by AB Klaipedos Nafta, is state aid compatible with the internal market. In present value terms, the various public support elements for the LNGT project amount to about EUR 448 mi
Gas Production Starts from UK Jasmine Field
BG Group announced first gas production from the Jasmine field in the UK North Sea, in which the company has a 30.5% interest. The successful start-up of the field marks the delivery of another of the company’s key milestones for 2013. Once on plateau, Jasmine is expected to contribute around 30 000
GAIL Chairman Gets ‘Best LNG Executive Global Award’
GAIL (India) Chairman and Managing Director, Shri B C Tripathi, has been conferred the prestigious ‘Best LNG Executive Global Award’ for 2013 at CWC’s 14th World LNG Summit being held in Paris. Shri Tripathi, who was presented the award at a glittering ceremony in the French capital last evening, wa
Marine Industry Shows Significant Interest in Wartsila’s New DF Engine
The marine industry is already showing significant interest in the new Wärtsilä 2-stroke, low-speed, dual-fuel engine technology. More than 130 industry executives from 89 leading shipping companies attended the introductory event in Trieste, Italy on November 12, which is in itself a clear indicati
Gazprom LNG Vladivostok Formed
The Gazprom Management Committee Chairman Alexey Miller held at the Company’s headquarters a meeting dedicated to the Vladivostok-LNG project. It was noted that the project was progressing rapidly and on schedule – the first train of an LNG plant will be commissioned in 2018. As of today, a special-
Russia: Novatek, Gazprom Neft Buy More of SeverEnergia
Yamal Development, a 50/50 Joint Venture between Novatek and Gazprom Neft, signed a binding agreement with the Italian energy company, Eni on acquiring a 60% equity stake in Artic Russia B.V., which owns 49% of the SeverEnergia Joint Venture. The value of the transaction is USD 2,940 million. The tr