Clean Fuel
PIRA: Milestones Emerge in European Gas Supply
PIRA Energy Group reported that milestones have emerged in European gas supply. In North America, most gas prices had month-on-month gains in October along with Henry Hub, but not all. In Asia, Japan loads up on LNG contract volumes, limiting spot exposure. Specifically, PIRA’s analysis of natural g
Centrica and Qatargas Ink LNG Deal
Centrica, the parent company of British Gas, said it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed in February 2011
Sweden: White Smoke Founder Calls It A Day
Johan Algell, the founder of LNG bunkering company White Smoke and co-founder of White Smoke Shipping, has decided to call it a day. “After 4 years of continuous aspiration in relation to the development of White Smoke AB and White Smoke Shipping AB the time has come to call it a day. It has been [&
STX Launches LNG Tanker SCF Melampus
STX Offshore & Shipbuilding has launched the first of two ice class LNG tankers,SCF Melampus, ordered by Russia’s Sovcomflot under a long-term agreement with Shell, Sovcomflot said in a statement. The first LNG tanker will be delivered in late 2014, the second one – in early 2015, according to the s
Norway: Aker Profit Climbs
Aker Solutions’ earnings for the third quarter of 2013 showed a steady improvement in profit compared with the first half of the year, helped by improved execution in several business areas and key deliveries. The EBITDA margin rose to 9.8 percent in the quarter from 7.9 percent in the first half. “
North West European Gas Transmission System Operators Release Regional Investment Plan
The North West European Transmission System Operators have published their Gas Regional Investment Plan 2013-2022. It is the second edition of this regional statement on long-term gas infrastructure development and related topics. The NW GRIP 2013 provides an overview of all relevant developments in
Greece: Dynagas LNG Sets IPO Target
Dynagas LNG Partners said that it has commenced its initial public offering of 12,500,000 common units representing limited partner interests, including 8,250,000 common units to be sold by Dynagas Partners and 4,250,000 common units to be sold by Dynagas Holding Ltd., its sponsor. Dynagas Holding w
Duna Group: PIR Foam in LNG Tanks as Corner Protection (Italy)
At almost 50 years from the put in operation of the first LNG plant in the world (GL4Z Arzew – Algeria 1964), it is possible to make significant considerations on technological evolution that has accompanied the awareness and the role of LNG as a viable alternative to traditional energy sources (pri
Spain: GNF Profit Slightly Up
Up to September, Gas Natural Fenosa (GNF) of Spain achieved net profit of 1.120 billion euros, 0.4% more than the same period the previous year. The company’s business profile, its growing international presence and a strict financial policy made up for the stagnation in the contribution made by the
UK: LNG Tanker Due at South Hook This Week
UK’s South Hook LNG import terminal is expected to receive a cargo of LNG this week from Qatar, port data shows. The Shagra LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive at the South Hook terminal on November 9. Qatar Petroleum owns 67.5 per cent of South Hook LNG Terminal [
Bureau Veritas Boosts Dutch Maritime Innovation
Leading international classification society Bureau Veritas is boosting innovation and sustainability in partnership with Dutch owners, builders and designers. Jan Smit, Senior Vice President and head of the North Europe & North America Zone of BV’s Marine & Offshore Division, says, “BV was founded
Vietnam Considers LNG Imports from Vladivostok Terminal
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Fam Suan Shon, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Russia. The meeting participants addressed the status of cooperation between
Lithuanian President: Klaipeda LNG Terminal to Be Launched by End of 2014
President Dalia Grybauskaitė met with Latvian President Andris Bērziņš and Estonian President Toomas Hendrik Ilves. It is a traditional annual meeting of the three Baltic presidents who gather to discuss topical regional issues and ways to strengthen cooperation among their countries. The heads of s
France: Total Names President, Exploration and Production
Effective January 1, 2014, Arnaud Breuillac is appointed President, Exploration & Production at Total. He will report to Yves-Louis Darricarrère, Upstream President and member of Total’s Executive Committee. Effective October 1, 2014, Breuillac will join Total’s Executive Committee, alongside Christ